After entering a trade, what do you do?
Many of you don't have time, or don't want to sit in front of a computer and watch price action.
That's when the use of stop losses becomes very handy.
Stop losses are orders that tell your broker to close a position if price moves below a certain level. It's like a safety valve for your trades.
Where is the right place to put a stop loss? Watch Watch this live video to get the technical insights.
Good trading!
Trading Risk Disclaimer
All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.