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The importance of SL

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We all know that forex is a risky market. Risk management is essential in the forex market. SL is one of the best ways of risk management. SL help you from any uncertain damage. Always trade with SL. Some traders prefer not to use it. But they are wrong. It is possible to blow your account with high price action in the forex market. Not all brokers can properly execute SL perfectly. But it is not the case with my broker Eurotrader.

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7 hours ago, Nilde Lucchese said:

We all know that forex is a risky market. Risk management is essential in the forex market. SL is one of the best ways of risk management. SL help you from any uncertain damage. Always trade with SL. Some traders prefer not to use it. But they are wrong. It is possible to blow your account with high price action in the forex market. Not all brokers can properly execute SL perfectly. But it is not the case with my broker Eurotrader.

We need to make Efforts so that we are able to bring  down the risks in our trading. I have been trading in the Forex with low risks for the last 10 Years with Broker FXOpen.

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Forex is one of the most popular market in the world. There are lot of broker in this market. So, they attract trader by offering various offer. Bonus is also one of them. But trader cannot withdraw the bonus. They only use it in trader. So, it’s one kind of useless if you have use leverage. I am trading with Forex4you. My broker gives me high leverage and low spread which is useful.
 

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13 hours ago, maspluto said:

the selection of an existing broker must be able to be considered well, this is needed and necessary so that traders can be better and can be more maximal in carrying out trading activities in accordance with expectations while on a real Tickmill account.

It is very important for the traders to understand this fact that if they will make use of the Stop loss in their trades they can minimize their losses.

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  • 2 years later...

Showing ignorance to silly mistakes means harming thyself. Any silly mistake can lead to balance crash. Back testing will help you understand the market situation and take actions about trading sooner or later. FXOpulence allows traders with a whopping 1:500 leverage. The broker provides the most advanced technology so traders can execute trades smoothly and quickly.

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