XMTrading XM (XMTrading): XM Stop Loss and Take Profit: Meaning of the terms, how to set them, and an easy-to-understand, up-to-date explanation
To trade on XM you need to be sensitive to stop loss and take profit. This is because if you don't know where to cut losses and where to take profits, you will end up with endless positions. There is no such thing as a 100% win rate in Forex orders. If you do not manage risk properly, you will be asked to leave the world of Forex.