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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Stop Loss is an indispensable tool that controls the risks during trading sessions and avoids losses. But is it possible to trade without stop loss, and do professional traders use stop losses? Let's find it out!
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.
The European trading session is one of the most favorable for traders. It offers high volatility while the market behaves quite predictably, unlike the American session. That is why most traders start trading with the opening of the London Stock Exchange.
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