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Random article: Drawdown Support
According to this technique, you should increase the volume of your position if the financial market moves to the side, which is not opposite to your trade. This technique suits strategies that based on the turn of price. The initial price movement is against an open position but then price moves to the proper direction and a trader closes the trade with profit. The drawdown support is the exact antithesis of the Maximum Favorable Excursion method.
Capital turnover in the forex market is billions of U.S. dollars per day makes it the largest in market the world. Total capital and the number actors involved grow from time to time ranging from retail traders, brokers, banks, institutions to other big players. Trading in the forex market carries a relatively high risk. What makes it interesting is the forex market trading schedule: the time from Sunday night to Saturday morning, and the possibility to trade can from all over the world with the support of online technology.
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