EPISODE · Sep 15, 2022 · 14 MIN
17. How to minimize risk using a stop loss
from Let’s Talk Forex with Alison and Chris · host FxScouts
Forex trading is a high-risk business, and while trades are often profitable, the majority of traders end up losing money because they do not manage their risk properly. There are several tools to help you manage and minimize risk in Forex trading. Using a stop loss order is one of them. Tune in and find out how it’s done. For more information, head over to FxScouts.com FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
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What this episode covers
Forex trading is a high-risk business, and while trades are often profitable, the majority of traders end up losing money because they do not manage their risk properly. There are several tools to help you manage and minimize risk in Forex trading. Using a stop loss order is one of them. Tune in and find out how it’s done. For more information, head over to https://fxscouts.com/forex-education/what-is-stop-loss-and-take-profit
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17. How to minimize risk using a stop loss
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