January 27, 2023

Why you don't need to touch stop loss

Take a look at the screenshot. A bearish position was opened for the Euroyen. The price went down and I moved the stop loss to profitable zone.But then a bullish candle went and I got scared and closed the position. But then, as it turned out, the price went down again. As you can see, there is no need to touch the stop-loss, let the price either demolish it, or move further in your direction.

Why you don't need to touch stop loss

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