Stop Loss fixed: Breakven or trailing stop?

[kukoC66]

Hello everyone, I would like to ask the traders with experience what type of stop loss (sl

[cocuSesynestesSesy]

It depends on the temporal frame, your trading style and the flow of the market.In my opinion, the Trailing Stop is good when you do not have a fixed profit and trust the general market dynamics (as strong movements, for example the EUR/USD in certain sessions

[Jawuu19]

I use only a fixed stop loss, but with a little criteria ... - In case of a bullish order: Takeprofit = encentrated price + [(encentrate price - Stoplas

[Corywoy]

For me, the temporal frame should be one of your bases.- In Marcos de 30min, 15min, 5min or 1min, I would use Breakeven when the operation is in profit, because prices tend to be more volatile in these frames and can easily reach your SL.- For temporary frames greater than 4 hours, Trailing Stop is more necessary to capture complete trends, but it requires finding a safe level to locate the trailing, which is more difficult than using break.Breakeven is easier, but Trailing Stop can make a difference when protecting your profits and preventing winning operations from becoming losses or reaching zero.Know your personality as a trader first.In the end, you are the only one who can make your system work.

[GargaTo]

Use only the golden proportion to calculate your SL is ridiculous if you do not take into account other market factors.At what point do you make your entries?Do you just decide to be bullish or bassist at any time and let your calculations do their magic?Please explain more.I want to learn from you.

[TesroyTa]

There is no "absolute truth."If I had put a fixed stop in this operation, it would have come out with losses.But if I had not done it, I would be in trouble to trust the "hope."Trailing Stops are a ruin because they take away possible future profits.Only you can decide.

[racuaTesrreses]

Moving the Stop Loss to Breakeven is something that should be done in all conditions.Protect your account and allows you to breathe calm.

[wuSesyCaxny]

Quoting: "Move Breakeven protects the account."Could you elaborate more?In this graph there are several pivot points.Could you suggest which one should leave the operation?I have no idea.Moving the SL to Breakeven only serves to save you from your own stupidity, something that seems to be very common.

[kukoC66]

It seems that there is no easy solution.

[EsTestri]

Someone once said that going out in Breakeven is like not charging for a work done.I think it makes sense.