Learn → Module 2 → Lesson 3
Module 2 — Risk Management
Stop Loss & Take Profit Placement: Complete Strategy Guide
Key Takeaways
- ✓ A stop loss automatically closes your trade at a predefined loss level
- ✓ A take profit automatically closes your trade when your target is reached
- ✓ Place stop loss beyond key support or resistance levels
- ✓ Never trade without a stop loss — it is your safety net
- ✓ Take profit placement should respect natural price targets and structure
📖 Recommended Reading
Scaling Micro Accounts in Forex
by Armstrong Uzoagwa
The perfect companion to this course. The proven blueprint to grow a small forex account using smart leverage, discipline, and strategy.
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