Stop loss orders are designed to limit The sort of money The item a trade will lose, coming from exiting your trade no matter whether the catered price (that is usually against your own trade) can be reached. for example, a good trader are able to enter a good lengthy trade from 4,000, AND ALSO location the stop loss order from 3,950. if your own price goes against your current trade AS WELL AS reaches 3,950, ones stop loss order is filled, that can exit ones trade, thereby limiting your loss in order to 50 points.
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