May 18: Secret Tips and Tricks That Only The Experts Know - How to Set Stop Losses
Anytime that you enter a position, you are going into the Market blind. You don`t know what point of the trend you are entering in at. You might be entering into a stock just before the trend changes. To protect your trading float you need to set a stop loss. This needs to be done before you enter a trade, so that there is no room for error, or last minute indecision. A stop loss is simply a predefined point at which you exit the stock.

Transactions on the FOREX market are performed continuously by dealers at major banks or at FOREX brokerage companies around the world. FOREX is a part of a worldwide market, and it is active 24 hours a day.