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Do you use stop loss, take profit levels?
Yes, Signalator uses both the stop loss (SL) and the take profit (TP) levels within most of the sent signals. SL is the level of a maximum loss. If a price goes in a loss direction and hits the level of SL, a position is closed automatically. So we control a maximum of a loss for each trade. TP level is a desired level of profit. Once a price reaches a level of TP, a position is closed automatically with a desired level of profit. Moreover, Signalator uses trailing SL and TP levels. As a position goes the right way, we may move / update SL / TP levels to maximise profit and / or to limit losses.
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Last updated: 25 May 2016 |
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