Yes we’ve all heard the horror story of the fellow who went to bed “without using stops”, woke to a “crashing market” and lost everything he had. That’s not what this is about.
The retail forex market “lives and breathes” by way of running / hitting stops that are placed far too close to the near term action, so it’s absolutely “vital” for the successful trader to not only understand this but in turn – get around it.
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