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  • Establishing explicit risk management procedures, such as stop-loss orders to reduce possible investment losses, is another crucial part of risk management. Users can safeguard their capital against notable market downturns by establishing predetermined exit points for their investments. Also, minimizing the risks involved with investing can be achieved by keeping up with market developments and performing in-depth research before making any decisions. Users using their trading app can allocate their capital more wisely if they are aware of the possible risks connected to various investments.
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