In order trading remains lucrative, forex traders attach particular attention to the risk management when creating their trading plans.  Stop Loss level. Stop losses‘Stop Loss’ order in Forex trading allows traders to set an exit point for a losing trade. At the same time, you set $9.70 stop loss in case something will go wrong. Profit ordersSimilar situation to Stop Loss, but aims on closing position automatically when the rate will reach a desired value.

Source: Manila Times September 25, 2018 23:26 UTC