3. If you set your position as 'trailing stop', this action will lock your biceps while the process is going on. If we are to provide information about this term again, fullness can be expressed as 'following damage stopper'.
forex
As the current price fluctuates in the market, the level of loss that moves with it is the stop level. For the long position, the price level entered for the next stop stop order increases with the price rising, provided that it is below the market price. When the market price falls and the subsequent loss is reduced to the stop level and the following loss reaches the stop price for the first time, the position is closed at this price. The position in the market is kept open at the position above the loss stop level. Indicators such as the Parabolic SAR and moving average are the indicators that are useful to look at before following the stop order.
Is not it like rhyme (:
When you look at these paths, you will understand that there is no point in choosing which method. Choose which way you choose, such a trading operation requires some patience. Forex traders, especially beginners, are quite inclined to be annoyed if transactions do not progress on their own terms. Or if we think of a scenario in which things are going well, then when it's a bit profitable, the palm of your hand scratches and you have to settle for a little profit while you can get serious profit.
We repeat. You need to identify your stopping points and act with prudent risk management. It is best to create your own formula and act accordingly. You will lose some time and you will also win some times. It's a game and it's important to finally have what's in your hand!
forex
0 comments:
Post a Comment