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rrram2 posted: a stop loss? only reason anyone places a hard stop loss is to realize a loss.
Jeez... a stop loss is is there to protect your account... anyone who is too sure of the future direction is someone who fools himself in thinking he does not need a stop loss. You NEED a stop loss AND a take profit. Any professional trader will tell you to ALWAYS have a stop loss.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.