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stop loss can save us from the nightmare of Forex that is margin call and our accounts can be saved from being emptied. this is the main importance of stop loss. others are like we be safe in trades during sleep hours . most of the successful strategies succeeded due to the stop loss option. along with take profit , trades are automated.
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stop loss is like sit belt in the car. the function is to protect us so if something bad happen to the market it don't really crash our acct. but is up to us to use it or not. if possible better use it in every trading we make.
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each trader has a different strategy in reducing the risk of trade that they face but the use of stop loss is the most widely traveled or used the traders
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yeah and my friends usually use this technique when they will release their positions longer because then they do not need to fret for the open transaction
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could be like that because it's my senior said that there will be big companies closing at the end of the year for the market sometimes moves with a large spike
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stop loss is one of importance rule what we can make, because that can control our money management from fall account. but we must make wise stop loss for make our trading qualities is better. do right stop loss for a better profit.
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Amar mone hoy january ma sob thake val mas trader der jonno karon new year a Europ country er manus der economic obostha valo thake jar karone market up er dike jay atai holo bastob kotha. Asara forex trading apnar exprience er upor depend kore.
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Yes every month have good movements in the market but some traders go in right direction and some go in wrong. The trades who earned will always remember that time and month and the traders who lost will also not be able to forget the bad memories.
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is also possible that only the opinion of the majority of traders and you should have your own opinion because you have to know also when to put the SL and when to without putting SL
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teory indeed sometimes without SL is very scary but in real trade with money management is good I think we can still protect your account