Importance of Stop Loss in Trading ::
The principles of risk management are most important for a trading plan. The use of stop loss is an important concept in risk management. Stop loss is the automatic execution of the order when the trade goes in opposite direction and loss is incurred. The stop loss prevents the traders from incurring heavy loss. The stop loss can be applied to both the buy and sell trades. All big advisory firms provide buy and sell calls with proper stop loss levels.
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