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Co-Wise: How do you set the stop loss point / profit target ?
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A hack to avoid bankruptcy

A hack to avoid bankruptcy
Rumor has it that the biggest market crash in history usually comes in October. Under such a terrifying risk, it is imperative to know when to take profit and when to stop loss. Last year might be the easiest one for all the investors to gain as the stock market went all the way up and showed no sign of stopping.
However, it's not always the case. The market is unpredictable for most of the time. Investors need to set a stop loss limit and a profit target  for every single trade. It might be painful to see some losses in the first place, but you'd better put them on top of your trading checklist. A solid strategy for loss-stopping and profit-taking can not only ensure most of your profits but also prevent gigantic losses.


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