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Trading


Stop loss and take profit: protecting yourself from emotions
Every trader knows that the real enemy is not the market, but himself. The fear of loss and the greed for gain are the two forces that most often lead to costly mistakes. This is why the simplest—but also most misunderstood—risk management tools exist: stop loss and take profit . Two automatic orders that are supposed to make trading more rational, but which, if poorly calibrated, end up amplifying the very thing they're supposed to contain: emotion. Those who trade during
3 days ago
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