Understand exactly what position sizing is and utilize it. Stop loss is not your only device for lessening danger. By adjusting your position size you can utilize it to hit a reasonable stop loss distance as well. Take some time to learn the distinctions in between stop loss and position sizing.
Daily Technical AnalysisAction ForexThe EURUSD failed to continue its bullish momentum yesterday and hit 1.3904 earlier today. The bias is neutral in nearest term probably with a little bearish bias testing 1.3900 – 1.3875 or lower, but overall I still prefer a bullish scenario at this ......Daily Technical Analysis - Action Forex
You can always attract attention of a trade, you have that individual right. If you are uncertain about your position of a trade, it is most effectively to avoid of it. If you do not have enough information to make an informed decision, it's better to sit out of the trade than to make risky unenlightened choices.
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