A common stop-loss strategy is a percentage-based method in which you set the level according to a percentage drop from the current price. Let’s say you purchase a security for $100 and set a stop-loss at 2 percent below the entry price, making $98 your stop-loss level. Now, if t...
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there is the possibility of losing money. The second disadvantage is that you may be tempted to modify the stop loss. This can be a problem that can attack even the most experienced traders. Therefore, “set and forget” may not be the best Forex stop loss strategy, although it does have...
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Stop loss: Stop loss is set on the opposite side of the keltrner channel. Take profit: Taders take profit when the price crosses the mid point of the keltner channel. Strategy 3: ALMA and stochastic: It uses the ALMA and stochastioc indicators. ...
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When the stop loss or take profit is triggered, the position will be closed, or when the built-in indicators give a signal for a trend reversal the system will try to keep up with the trend.Any advisor works depending on the developers' trading methods (like Martingale, scalping, or ...