Trading is fun. It is enthralling yet risky. Yes, markets are highly volatile, which makes trading a much trickier thing to handle. Sometimes it takes sleepless nights and sore eyes to make your trade win. At this point, trading becomes a somewhat tiresome thing to do.
What can you do to increase your possibility of winning and avoid overspending?
Always play on the safe side by investing no more than what your financials can handle.
Secondly, you can burn midnight oil surfing the markets and seeking the right moment for a trade. Well, you are a human, not a machine! So you never know when the fatigue reminds of itself and a perfect trade will slip off the hook!
For this, you can always opt for NAGA Protector — a tool, designed to manage risk exposure, increase your chances to win a trade or prevent a bad market move.
What makes NAGA Protector so unique is that it combines two essential trading orders — take profit and stop loss — in one.
- Take profit is a setting that automatically closes a trade, once a certain profit target is met. Once the position is closed, the funds go to your account balance.
- Stop loss is an order which automatically closes the position once the bottom point is reached. Thus, you will not incur additional losses if the volatility plays against you.
How to switch on NAGA Protector?
- Go to the Markets section and select one of the various trading instruments offered;
- Turn on NAGA Protector and set the Take Profit (green) and Stop Loss (red) limits for your order.
- Open a trade and NAGA Protector will automatically close your trade when the determined conditions are met.
How do I benefit trading with NAGA Protector?
Trading with NAGA Protector, you can enjoy trading with no need to turn on the PC every time the price is reached. Stay calm knowing that you stop and loss targets are all set. Moreover, you do not have to worry about your funds, as NAGA Protector connects directly to your account via API keys. So until you enable “withdrawals” in your API settings, funds at your account will stay untouched.
Explore the NAGA ecosystem!
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RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.59% of retail client investors lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
