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Taking Stoploss - Explained in Simple Way.

We all know Stoploss is our life saver when price goes against us. No second thought in that.

But how to take the stoploss in the live market is the FAQ.

Let's looks at my view and approach in taking my Stoploss.

There are 2 common method of using SL.

  1. Cross basis SL,

  2. Close basis SL.

before I explain more further take a look at this small clip,