Using Stop Loss orders is an integral part of trading forex and stocks. It protects traders against mistakes and limits the damage to their accounts, increasing the odds of success.
But finding the right Stop Loss levels can be a challenge, especially in markets that are more volatile than average like gold, oil and silver. David Jones takes us through the process of determining support and resistance levels that serve as guidelines for this, covering several scenarios and how to tackle them.
At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.