XMTrading XM (XMTrading): Stop Loss and Take Profit Terms Explained, How to Set Them, and a Clear Comparison with the Latest Version (Overseas Forex Broker XM)
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.