No matter how good and ideal your trading strategy is, but without the correct arrangement of the stop losses, you will never earn money. For some reason, many traders are sure that the feet are a trifle that can be placed where you wanted and at all not to give them any meaning.
Well, the market loves to “punish with ruble”, or even a dollar, such self -confident and incomprehensible traders. So that you are not among them, let’s look at some rules that you should adhere to in order to competently arrange the feet.
Each time, opening your deal, calculate the minimum and previously established risk. That is, if your deposit is 100 in. e., And you can risk only three percent in your transaction, then, therefore, your maximum risk will be 3 at. e. Thus, considering how many points it will be, put the stop there.
If you have set the stop loss, never move it: if the market does not go in your direction, then it will definitely hurt your stop.
If the size of the foot is too small, then it is better not to open your deal or revise your lot. If you reduce the lot, you can install a stop-flash much further. Those who invest their money on Forex, offer to go to Forex Portal, where industry news is presented. On the portal you can communicate with other people in order to acquire the necessary experience. For today, Forex is a leading site where you can make money well.