KATAMBWE YAKIBWE
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TRADING
#StopLossStrategies
Do you like winning in the markets? Then here’s a fundamental tip to avoid losing your entire investment in trading: set up and strictly adhere to stop-loss orders on EVERY trade you take.
Here’s why it’s crucial:
* Capital protection: The stop-loss is your safety net. It automatically limits your losses by closing your position if the price moves unfavorably beyond a threshold you have predefined. Without a stop-loss, a single bad trade could potentially wipe out a significant portion, or even all, of your capital.
Do you like winning in the markets? Then here’s a fundamental tip to avoid losing your entire investment in trading: set up and strictly adhere to stop-loss orders on EVERY trade you take.
Here’s why it’s crucial:
* Capital protection: The stop-loss is your safety net. It automatically limits your losses by closing your position if the price moves unfavorably beyond a threshold you have predefined. Without a stop-loss, a single bad trade could potentially wipe out a significant portion, or even all, of your capital.
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