Stop-Loss and Take-Profit in Forex Trading
Opening a trade is only one part of a trading plan. Traders also need a clear method for deciding when to exit, whether the trade moves in their favour or against them.
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Risk ManagementOpening a trade is only one part of a trading plan. Traders also need a clear method for deciding when to exit, whether the trade moves in their favour or against them.
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Risk ManagementRisk-to-reward ratio helps traders compare the potential loss on a trade with its planned potential profit. It is a planning tool, not a prediction of whether the trade will succeed.
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