Loss Orders Of Forex

This means that if you were dead wrong and EUR / USD drops to 1.2200 instead of moving up, your business should be run automatically sell at 1.2200 and close your position to a 30 pip loss. Stop-loss is very useful if you do not want to sit in front of your monitor all day afraid of losing all their money. Just give the order to halt the loss of all open positions, so do not miss your basket weaving class