If you are a short-term forex trader, there is need to involve a risk management strategy that will fit in perfectly for your trading style . You should try to limit the amount of risk and also use the stop-loss orders. Share your opinion.
What are the risk management strategy for a short-term forex trader?
- Thread starter Potuse
- Start date
The use of stop-loss orders can assist in protecting you from unexpected events, while limit orders can help you lock in profits by selling your assets when they reach a predetermined price.
- Thread starter
- #3
Stop loss order is a very important feature that is incorporated into trading platforms that must be utilised by every forex trader in order to minimise losses.
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