Stop-loss strategy

[Sharmanie Jagarsar]

A successful forex trader uses a great variety of trading tools. For example, you can use stop-losses to better protect your account. Setting a stop-loss is particularly useful for removing emotions from your trading decisions and keeping a constant watch on your positions, so you don’t have to.

Before you decide on whether on or not to use a stop-loss strategy, you should consider the advantages and disadvantages of placing stops. Even then, it would be wise to try out your no stop-loss strategy on a demo account first. I don’t have to think about losing money on trade. Because my broker trade-24.com always show me the right way to avoid losses and to make good profits. Love to work with them.

Edited May 18, 2017 by Sharmanie Jagarsar