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Forex Trade Management

How to Manage a Forex Trade for Maximum Profitability. There are 4 main steps to managing a Forex trade. Step 1 - Placing a stop-loss. Step 2 - Raise or lower your stops as the price moves in your favor. When and Where to raise your stops in an uptrend. When and Where to lower your stops in a downtrend. Where do you place your stops in a trading range? Raise or lower your stops even when there are no new swing lows or swing highs.

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