What stoploss do you use?
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Thread: What stoploss do you use?

  1. #1
    10, 20, 30...?

    I use 15pips, maximum and seldom 20, not over that. Do you think that is enough to provide price a space or it'd be better to use stoploss?

  2. #2
    Basing a trade on a reasoning stop losses is the rookie error ever.

  3. #3
    Quote Originally Posted by ;
    I utilize ATR (period 7) for both Targets n stops... ATR*two = goal ATR*1 = stop
    Are you using only one this tool? I really don't believe, trading using a single tool is a choice.

  4. #4
    Quote Originally Posted by ;
    What stoploss do you use? 10, 20, 30...? I use 15pips, seldom and max 20, not more. Do you believe that is enough to provide price a space or it would be better to use wider stoploss?
    This depends on the timeframe of benchmark and also the kind of trading. I calculate my position size around zone width and PA..

    As a rough guide below I'd calculate a predetermined position size every day based on the SL below:

    M1 I'd use a 6 pip SL
    M5-M30 then typically a 15 pip SL.
    H1-H4 would be a 40 pip SL

  5. #5
    Quote Originally Posted by ;
    quote Are you currently using just one such instrument? I really don't think, trading with a single tool is a decision.
    Trading without SL is only madness, but who are generally prefer to depend on short time trading egy especially scalping do not like to use this trading technique. Really there's a chance to avoid SL but when it's time to exchange in long term, no way otherwise anytime you're able to fall a unlucky losses and risks.

  6. #6
    Let volatility tell you how many pip You May use.but im not sugguest you solve the trading with stoploss

  7. #7
    Quote Originally Posted by ;
    quote Trading without SL is just madness, but who are generally prefer to rely on brief time trading egy particularly scalping do not like to use this trading technique. Really there is a chance but when it is time to exchange in long duration, no solution otherwise anytime you can fall a unlucky losses and risks.
    My wager is that you were taught to trade with a stop loss and take profit in your mind. Am I right?

    Should you exchange inside yourself then Stop loss dependency drops into the back of your mind.

    Many leverage themselves up and then the fiscal risk becomes the attention.

    Happy Trading

  8. #8
    Quote Originally Posted by ;
    quote Trading without SL is just insanity, but that are generally prefer to rely on brief time trading egy especially scalping do not like to use this trading technique. Really there is a chance but if it's time to exchange in long term, no way otherwise anytime you can fall a losses and risks.
    Using SL is not depend which trading egy do you utilizing. It is dependent on what cash management you've got and how much money balance you have.

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