How to Decide Where To Set Stop Losses In Your Trades

How to Decide Where To Set Stop Losses In Your Trades

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Knowing how to cut your losses and exit a trade is absolutely critical.
You need to have a predefined risk and stick to it.
A simple rule to follow is "stops go where you're wrong", what that means is that when the reason for your trade no longer exists, then your trade should no longer exist.

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Risk Disclosure: http://bit.ly/Risk-Disc

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