Always put some type of stop loss order on your account. Stop loss orders act as a safety net, similar to insurance , on your Forex account. Without a stop loss order, any unexpected big move in the foreign exchange market can cost you a lot of money. Always use stop loss orders to limit your potential losses.
There’s no surefire way to make money on the forex market. There are no outside sources that will help you make a ton of money. Just use trial and error, and learn from every mistake.
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