It's more important to you that you must place a stop loss at the appropriate level so you can not hit stop loss immediately and you can benefit from that trade. Just go for the chart and get the main support and resistance level in that place you can place the stop loss. , it is good enough to make a decision to place a stop loss before entering the position so you do not have to incur any losses from that position. Stop losses should be placed on strong resistance if my positions are sold and on support if a buy position.


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