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🔃 Last Updated on April 13, 2024
SAFETYLOCK is a trading tool that can be used to prevent strong market reversals by setting an opposite order for an already open position.
When a trader or an EA opens a position, SAFETYLOCK automatically opens an opposite pending order for it.
If the position becomes loss-making, the pending order is activated, creating a lock that reduces the potential loss.
SAFETYLOCK is a highly effective trading tool that can be used to provide an additional layer of security to your trading portfolio.
It works by allowing you to set an opposite order for an already open position.
This means that if the market experiences a sudden reversal, your position will be automatically hedged, thus minimizing your losses and maximizing your profits.
The tool is particularly useful for traders who are looking to minimize risks and protect their investments in volatile markets.
Overall, SAFETYLOCK is a powerful and reliable tool that can help you achieve your trading goals with greater confidence and peace of mind.