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If we hold our positions during the weekend, and the market opens with a big gap against our position, then our loss will be much bigger than our stop loss. If the markets was also open to us during the weekend, then instead of the gaps, we would have practice forex trading account on our charts.
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This may sound confusing but its the same premise value investors use, they buy stocks when they are cheap in comparison to what they open university research strategy sold for, so you want to buy options when the volatility is low or lower than what it historically has sold for.
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