Many traders refrain from using stop loss while opening new trades, which is a big mistake. SL and TP increase the percentage of successful orders, but sometimes even experienced traders do not know how to calculate stop loss and take profit. After reading this post, you will learn how to set stop loss and take profit orders to make your entry points the most effective.
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This article will tell you about one of the most straightforward trading strategies, also known as the London daybreak strategy. You do not need a lot of experience if you want to trade using the London breakout strategy. So keep reading to learn more about Forex Bollinger Bands strategy.
It's easy to start trading FX today because now you can begin even from $1 per trade and do it from your phone anywhere in the world. That'swhy beginner traders often google "how to trade with $100 in the pocket" or look for a hundred bucks trading plan. Briefly, you can start trading even with $100, but having at least $1000 is better to be more flexible in your trades and have a safety margin.
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