AUDUSD - Long idea in Demand zone - 15m

________________________________________________________________________________________
Golden Trading Rules:

Always Use a Stop Loss

A stop loss is a predetermined amount of risk that a trader is willing to accept with each trade. The stop loss can be either a dollar amount or percentage, but either way it limits the trader's exposure during a trade. Using a stop loss can take some of the emotion out of trading since we know that we will only lose X amount on any given trade.

Ignoring a stop loss, even if it leads to a winning trade, is bad practice. Exiting with a stop loss, and thereby having a losing trade, is still good trading if it falls within the trading plan's rules. While the preference is to exit all trades with a profit, it is not realistic. Using a protective stop loss helps ensure that our losses and our risk are limited.
________________________________________________________________________________________

I'll be happy to read your opinion and ideas
if you like the idea, please give it a like for support, thanks
Have a profitable day



Telegram Channel: t.me/idinj

Dagangan ditutup: hentian tercapai