Hi,
I am a newbie in crypto trading. Need a bit of explanation in layman terms.
In my MT4 iiopened a buy trade of 0.10 volume without realising that its closing time on a Friday night. At the time of closing it was 80 pips down and I was at _ 740 $. Now when market open on Sunday what happens is what I need to know. I have a balance of $ $17000 in my account. Taking in to fluctuations and downtrend what can happen is what I need to know. If the prices surge upwards on Sunday will I be able to hold or can my investment get wiped out without giving me a chance to Close Trade since I did not put a S/L.
Please someone explain me.
I am a newbie in crypto trading. Need a bit of explanation in layman terms.
In my MT4 iiopened a buy trade of 0.10 volume without realising that its closing time on a Friday night. At the time of closing it was 80 pips down and I was at _ 740 $. Now when market open on Sunday what happens is what I need to know. I have a balance of $ $17000 in my account. Taking in to fluctuations and downtrend what can happen is what I need to know. If the prices surge upwards on Sunday will I be able to hold or can my investment get wiped out without giving me a chance to Close Trade since I did not put a S/L.
Please someone explain me.