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Summary

Ok, now that you have read the lesson material
, please make sure you completely understand and/or do the following: 

- What is RR ratio and what are the different outcomes it generates for different system effectiveness? 

- What methodology of placing stop loss order fits you better? They are different and each one of them tends to suit different types of traders. 

- Take a closer look to trailing stops, it’s a very simple technique that could help us stay longer in our trades. 

Good luck!

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