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In FX, retail traders can literally double their accounts overnight or lose it all in a matter of hours if they employ the full margin at their disposal, although most professional traders limit their leverage to no more than 10:1 and never assume such enormous risk. But regardless of whether they trade on 200:1 leverage or 2:1 leverage, almost everyone in FX trades with stops. In this article, you ll learn how to use stops to set up the stop hunting with the big specs strategy.
I totally agree with you.
Stops losses are one of the most important things to protect our capital.