How to use Stop Loss Take Profit Strategy?
The most crucial problems happen with small traders. Because they do not close stop-loss. They take a big hit, incur a big loss and their account becomes zero but in Take-Profit they make $50 they become happy. That is the problem with traders they use Take-Profit but they do not use Take profit. When you let your loss to go long and do not allow your profit to go long, it creates a big problem which does not allow retail traders to come in profit. On the other hand, the person brought the idea of Stop-Loss and Takeu00ac-Profit are a little bit contradictory.
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