A loss is a situation where the price of a currency pair moves against the direction of the trader’s position such that when the trade is closed, the trader ends up with less account equity than when he started the trade. For instance, if a trader goes long on the EURUSD at 1.2908 and sets a profit target of 1.2958 and stop loss of 1.2868, and the currency retreats to hit the stop loss at 1.2868, then the trader has experienced a loss on the trade.

By |2018-09-04T14:37:20+00:00September 4th, 2018|0 Comments

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