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Trader-friendly stop loss and take profit

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by , 04-17-2024 at 05:23 AM (79 Views)
      
   
Stop loss and take profit are stop orders that close a position when the price reaches their value. Stop loss allows traders to limit losses, while take profit enables thjem to save their gains. The main advantage of using stop loss and take profit is the ability to control financial risks and use money management.
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