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Tips for /trading: Implement Stop-Loss and Take-Profit Orders Use stop-loss and take-profit orders to automate your trades and protect your investments. A stop-loss order automatically sells your position when the price drops to a certain level, limiting your potential losses. A take-profit order sells your position when the price reaches a predetermined level, securing your gains. These tools help you manage risk and ensure disciplined trading by removing emotions from your decision-making process.
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