11m 52s: Lenght

Register for our weekly FREE webinars at http://www.PipsUniversity.com! - Understanding where to put your stop loss in the Forex market is absolutely crucial for a few reasons. The first reason is that it is how we correctly position our trades. Many Forex traders come into the market and read garbage on the forums and other blogs about using a fixed stop loss for every single trade. This is not how stop losses work. Stop losses help us determine when to cut our losses as well as to how big our position size should be. We use stop losses based off price action not by what we think would be a could amount of money to lose. If you have been just cutting your losses because, you think it is only going to get worse, then this training video is for you. http://www.Facebook.com/PipsUniversity http://www.Twitter.com/PipsUniversity http://www.Instagram.com/PipsUniversity