Principle in forex

Trading Discussion
1

Principle in forex
1
Never leave a position unprotected

    how can we implement principle:

1 stop loss
2 pending orders

It’s simple, the forex market is a market which is influenced by many factors,
some predictable and others unpredictable, which can lead to large unpredictable movements regardless of the amount of information processed in order to anticipate, to which are added the speculative movements.

2

Thanks for the educational content mate. :+1:

3

Absolutely, protecting your positions is paramount in forex trading. Stop losses and pending orders are essential tools to minimize risk.