Forex Stop Loss Placement

The risk-based stop is the one we all hope we will have the discipline to place and not have to use. Transitioning from a risk-based stop to a breakeven stop is done only when the trade moves in our favor and to the first stop loss.

The way you place your profit target, the thinking behind their location, is what will set your risk management in motion.

This is lost on far too many traders. This is how far too many traders let a winner turn into a loser.


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