One of the fundamental rules of trading on the currency market is the issuing of Stop-Loss insurance orders. This is necessary in order not to lose all or a significant part of your deposit. Many novices still neglect this rule, quickly losing their funds. They get disappointed in trading and are absolutely convinced that it is impossible to earn money this way.
However, there are still methods of trading without protection orders. Such methods protect capital on deposit in various ways. An effective method of trading is to lock positions. In this case, the method involves opening another position, but in the opposite direction. And the newly opened order should have the same volume as the one opened earlier. Thus, a kind of lock is created that does not allow losses to increase. However, it should be understood that a thorough analysis of the market situation is required for a competent opening of the lock.