How to protect your account from negative balance on your own?
Trading on financial markets is closely associated with risks of losing money. To protect your account from negative balance, you can use the following tools available to all our clients:
-
Stop Loss
Many traders have learned through experience that timely-placed Stop Loss orders may help limit possible losses in cases of quick fluctuation in prices.
-
Transaction Volume
Remember that not all transactions are profitable. Therefore, you must be very careful with the volume and number of your open positions and orders.
-
Leverage
With the increase of leverage, there is a possible rise in profitability, but also in potential risks. Remember this when increasing your leverage.