When you realise you've made a mistake, you can close a position to free up capital for reinvestment in new currencies and, hopefully, a more profitable trade. Your margin capital is also only locked in for a limited time.
Furthermore, the majority of technical and fundamental signals in Forex are better suited for short-term trading. A trading opportunity can now vanish in a matter of hours.
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16-11-2022, 11:24 AM #7Investor
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