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My broker AAFX allowed to use stop loss, which is essentially a reverse trade contrary to the original currency. The word "stop loss" is just a generic name for a retail trader-correctly known as a sell stop or a buy stop. With regard to stop loss effectiveness, it depends on the trader himself who puts it at what price. If you don't place it properly, then it will lose your money.
I’m handling my losses basically doing scalping. I don’t take so much risk. I analyze market & get logical analysis & news from my broker BPRIMES to make my trade profitable in every possible way. I control my emotions & try not to be greedy. I use my leverage facility which is provided by my broker and it is very cautiously & makes strategies to minimizes my losses. Also, they are giving cash back money on my losses.
For the short term, the trading trader can follow one strategy like scalping or leverage or lowest spreads. But the traders who are doing long term trading cannot stick with anyone trading strategy. Because the market is not fixed and no one can predict it certainly. To make a profit and hold the success trader need to apply a different strategy. FXLinked is suitable for all type of trading strategy. A trader needs to apply strategy according to their trading style. There are two types of trader. One is a day trader, another one is long term trader.
From my credible broker Forex4you in my trading life I have all types of trading materials and facilities which help me to earn huge money easily. They never restrict any trading strategy and give good facilities. In this platform I never face error. I have instant market execution support, risk management techniques, money management techniques and so on. In my trading I am very comfortably by using the MT4 platform which is very fast and smooth.