Ways To Manage Risks In CFD
CFD is a dangerous field you can make a lot of money ,but be careful market isn't always in your side
many websites with CFD trading like "city index" has many tools to manage your lose
Standard Stop Loss Orders
Stop losses are used to reduce losing and this can be done by closing a losing trade once a market passes a specific value set by you. This means that you are able to close your trades and cut your losses once the market isn't in your side and this helping you to limit your downside potential.
Guaranteed Stop Loss Orders
Guaranteed Stop Loss Orders are the more efficient risk management tool. They work like Standard Stop Loss Orders, except they guarantee to close your trade at the trigger value you have set, regardless of underlying market volatility