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Strategy-specific trade management and risk control
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FOT-January 2009-5
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Not all trade strategies can use the same kind of stop-loss and exit techniques.
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Detailed Description
When designing trading strategies, most traders try to find ideal entry signals, while corresponding exit points remain an afterthought. However, robust strategies contain detailed exit rules that are designed to manage risk effectively. But how do you know where to place stop-loss orders?
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