I disagree with this statement,The big loose comes because we trade without stop loose,If we use the stop loose we will never have big loose because we will determinate a price we can not loose more than we want,I see one of the worst mistakes that we don in forex market that we trade without stop loose and that make us suppose to loose all our profit and the same we can loose all our capital.
For example in the time of news prices moves up and down a lot of pips what if the prices comes against what you are expect and prices go against you for example 200 pips how much money you will loose,what if you use the stop loose.
Sure if we use the stop loose out loose will less than and we can trade again and correct our fault and make a profit to cover this loose but if we don't use stop loose then we will loose alot and we will wait long time we are saying prices will come back.
For example in the time of news prices moves up and down a lot of pips what if the prices comes against what you are expect and prices go against you for example 200 pips how much money you will loose,what if you use the stop loose.
Sure if we use the stop loose out loose will less than and we can trade again and correct our fault and make a profit to cover this loose but if we don't use stop loose then we will loose alot and we will wait long time we are saying prices will come back.
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