Forex Tutorial
January 17, 2017

Why should you use a stop loss order?

A stop loss order is an order that closes out your trading position with the intent of cutting your losses when the market is moving against you. There is no rule of placing the stop loss order, it all depends of your trading strategy. Using stop loss order should be a part of any trading strategy, so your account is protected from the unpredictable market’s movement.

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