Rumor has it that the biggest market crash in history usually comes in October. Under such a terrifying risk, it is imperative to know when to take profit and when to stop loss. Last year might be the easiest one for all the investors to gain as the stock market went all the way up and showed no sign of stopping.
However, it's not always the case. The market is unpredictable for most of the time. Investors need to set a stop loss limit and a profit target for every single trade. It might be painful to see some losses in the first place, but you'd better put them on top of your trading checklist. A solid strategy for loss-stopping and profit-taking can not only ensure most of your profits but also prevent gigantic losses.
To increase your chance of winning the prize, here are 3 tips for you:
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Answer questions and reply comments in your post.
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Duration: Now-Oct20, 2021 11:59 AM ET/ Oct 20, 2021 11:59 PM SGT
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rabitter : Thank moomoo for posting this topic, which is very helpful for novices![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
chinsujau75 : Good
Policia : Every month there are rumours of market crash.
Always stay firm.
What goes down will bounce up.
The greater the pull, the higher it push.
treydongui rabitter : definitely, and that's something everyone could relate to at one point or another
have an awesome weekend buddy
letsgetmoney : very good challenge, I should learn from the community. I'm still knew and have yet to place an order, let alone place a stop limit, I'm still trying to figure out where to start???
71140658 : I will really benefit from this lesson. I have lost money in other platforms and I want to start buying here only when I know how to put a stop loss and a take profit.
rabitter treydongui :![](https://emoticon.futunn.com/rich_daily_life/O_02.png)
mike foo : Oh my, really??
WKSG : Nice!!