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Questions tagged [ok to trade]

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GinsengBoostPowerBoost GinsengBoostPowerBoost Fri Dec 06 2024 | 7 answers 1745

Is it OK to trade without stop-loss?

I'm considering trading without setting a stop-loss. I want to know if it's a good idea to do so, or if there are any risks I should be aware of before making this decision.

Is it OK to trade without stop-loss?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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