Comprehend exactly what position sizing is and utilize it. Stop loss is not your only tool for reducing risk. By readjusting your position size you can utilize it to hit an affordable stop loss distance also. Take some time to learn the distinctions between stop loss and position sizing.
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Armed|Equipped|Prepared} with this understanding you are now ready to get in the currency trading market. Bear in mind that, as with any other new endeavor, the secret is to start slowly and steadily. Never trade even more than you can pay for to lose and remain to source new details and suggestions as your trading knowledge expands.
Additional resource on continuous patterns
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