Quote:
Originally Posted by orni308
Stop loss is a good tool, although many people argue about the use of it but its very helpful in trades where there is a quick fall in prices.
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The use of stop loss and take profit is part of the money management, here we need to analyze how market movements and make a calculation how much we are capable of risking our funds. Without money management our trading will not run correctly, forex risk would be higher in this condition, we always have to look to the chart and ready to cut loss. now my implementation SL and TP every doing trade in Armada Markets