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The Art of Protecting Your Gains and Mitigating Losses

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When it comes to forex trading, two crucial tools that traders rely on are the take profit and stop loss orders. While take profit offers a choice, the stop loss is non-negotiable. It's like having a seatbelt in a car; you hope you won't need it, but you definitely want it there in case of an unforeseen event. In the volatile world of trading, stop loss orders act as a shield for your trading capital, protecting it from sudden market fluctuations and unexpected shifts.

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