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Why Do I Need to Use a Stop Loss?
Why Do I Need to Use a Stop Loss?
Updated over 3 months ago

Using a stop loss is important because it allows us to accurately measure your performance and ensure you’re trading responsibly.

Example: if you have 100 pips available when starting a trade, you can set your stop loss accordingly to manage potential risks. Please note that you’ll need to have a stop loss in place to proceed with your trades, as it’s a crucial part of our risk management strategy.

Remember that 5 pips is the smallest Stop Loss you can set.

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