Today I want to show you a video. No, it's not about the forex market but rather a video of a stock market trader, reacting to what happened on the 6th of May 2010, when the "flash crash" happened. Listen to the crazy tone in his voice, when the stock price does not update. Maybe you've seen this video before; but if you haven't, then I suggest that you do.
It goes to show HOW IMPORTANT it is to have a stop loss, now matter what forex trading system you use, in case some unexpected event happens. The very same thing happened to the forex market, and may happen again today, tomorrow or in 8 months time. So, here's my advice that will never fail you. EVER!
Please make sure to watch the video I have provided.
ALWAYS-USE-A-STOP-LOSS.
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