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How To Set Stop Loss Accurately
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[QUOTE="FXOchartist, post: 279666, member: 90221"] Loss in trading sometimes undeniable, the nature of the market itself very dynamic, and no exact math to calculating the price will where to stop and where to go. However here trader learn to placed stop loss based on experience and also knowledge. The first to minimize the risk is trader traded based the trend. When major trend tendencies to bullish strong rally, placed stop loss by looking nearest support zone level on low timeframe, here sometimes to become dilemma, tight stop loss maybe often hit by price, large stop loss when one stop loss hit need more time to recovery. How to placed stop loss depends on our preference, this counted maximum risk in single plan and related to distance pip between ask price to stop loss will be placed. [/QUOTE]
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