Based on the above reason, namely due to the rather high volatility of the market, which has been inherent in all markets in recent years, players often exit transactions, not wanting to have uncertainty with an increasing minus inside the transaction. However, losses can be avoided by following the following simple rules:
– try to trade near significant price levels;
– enter a trade at trend reversal points;
– enter into the transaction with amounts that allow you to sit out the price movement against you for a long time.
– set short stop loss orders. At the end of our story, we will introduce you to a technique that takes into account your desire to avoid losses.