Pay attention to this before doing recovery

Loss when trading is a natural thing, but if it is allowed to continue it will have a bad impact on the trader himself. When you experience a loss in trading, that is how to deal with it or the trader can make a recovery. Recovery is part of risk management that is very important to master. Without being able to master risk management or make a good recovery, it will be very difficult to survive long in the trading world. By making a recovery, traders can reduce losses and maximize profits and at a minimum for a return on investment.

Stop Loss or Cut Loss

Trading has a very high risk, therefore when traders want to dive into the world of trading requires very careful preparation. When there is a loss in trading, the thing that traders must do is limit and anticipate losses so that they are not too large. Losses can be handled by setting a cut loss limit in accordance with the risk profile of losses that can be borne.

The key to successful trading is to minimize losses or cut losses if the wrong position is traded. Cut loss means releasing a trading position in a loss condition. Cut loss is done by closing trading positions, both buy and sell, in a loss condition to prevent the losses that must be borne from growing

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