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Old 03-01-2014, 06:34
dangtrader dangtrader is offline
Level IV Lasers Member
 
Join Date: Oct 2013
Posts: 401
Default Re: Trade with or without stop loss!

Stop loss is indispensable tool in forex trading. It is reasonable to use when you trade on longer timeframes because you can't stare at charts for ours and SL works as safety catch. It is rather useless in scalping trading, when active trading interval usually doesn't exceed 5 min.
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