Position sizing and stop loss orders are two essential risk management tools that forex traders use to protect their accounts from excessive losses. Position sizing is the process of determining the appropriate amount of capital to allocate to each trade based on the trader's risk tolerance and the size of their trading account. Stop loss orders, on the other hand, are instructions to close a trade automatically when the market moves against the trader's position to a specified price level.
[ 0 Out of 0 Found Helpful ]
Submit a ticket and we’ll get back to you as soon as possible.