Stop-Loss Orders
Traders should also employ stop-loss orders as a way of specifying the maximum loss they are willing to accept. By using stop-loss orders, traders can avoid the common predicament of being in a scenario where they have many winning trades but a single loss large enough to...
It's worth noting that different timeframes provide different levels of detail and may yield different signals or insights. Some traders may use multiple timeframes to gain a comprehensive view of the market, combining the analysis of long-term trends with shorter-term entry and exit points.
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