If you’ve wondered how forex traders maximize their profits in a trending market, one method many traders use is the trailing stop. This type of order trails the market as the exchange rate moves in a ...
Pinpointing the right approach to placing winning trades is challenging. After you’ve designed a potentially profitable trade, you need tools to help you manage your risk. Not only do you need to ...
Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Deciding the appropriate time to exit a position is ...
Investors can’t monitor their portfolio every second of the day. Yet, they need a way to protect themselves from major losses if one of their positions starts to spiral. Thankfully, there’s a way to ...
As an investor, avoiding big losses is at least as important as making profits. For example, if an initial investment of £1,000 falls in value to, say, just £500 - a 50% drop - you'll need to double ...
Market movements can be unpredictable. Regardless of what investor sentiment and prevailing trends might suggest, a market can move in any direction at any time. A stop-loss is one of the few ...
A common fear people have about investing is that it’s gambling. They think they would lose on average. But that’s not the case and investors who lose often have a common trait – they don’t know when ...
Stop-loss and take-profit orders help Bitcoin traders lock in gains and cut losses automatically. They’re essential tools for managing risk in a 24/7, fast-moving market. Bitcoin and crypto traders ...