(Episode #1) Common Misconception of Stop-Loss and Take Profit(8May2020) from Forex100 Academy
A common misconception of stop-loss and take profit. Once placed right, stop-loss is the guardian angel that prevent you from losing more money than you should.
On the other hand, take profit should be placed at the level where traders who are going to trade against your trade plan is most likely to enter the trade.
This article first appeared on Forex100 Academy
