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Saviour Victor
@nitnez
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This is a no brainer, you’d place your stoploss at where you’d minimize your loss, so you won’t be at so much loss
Market volatility is said to be how much the price of an asset fluctuates.
We’ve seen this in the likes of bitcoin, how it rises and falls.
Not be drifting off the topic but some people are rewarded with airdrop like hamster and dogs etc and it make them money when the price was high but now, it would have dropped and doesnt have much significance anymore
If war is happening now, or something that affects the resources of these countries happens, an asset will either increase or decrease in price e.g
Some of us might have heard about the trump coin that gave people crazy money with just little to invest. If I’m not mistaken, that was when trump said something on the press
How does news affect forex,
In my opinion I feel like news from domination or developed countries matter.
News from third world countries doesnt really mean much
Stop loss Oder is an instruction given to a broker to automatically sell an asset when the price reaches/falls to a particular level
And here is why DD (drawdown) matters,
Risk Management
Prop Firm Evaluation
Trading psychology etc
We also have Maximum Draw Down abbreviated as Max DD.
This is the largest peak to trough drop recorded over the entire trading history
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