DislikedSeen a lot of conversation lately revolving round stop loss.
Thought i would add my two cents.
I've come to not think much of a "physical" stop loss in Forex not to say I dont believe in a mental stop loss.
My reason is this:
Unlike stock markets, there is no END to the business day conveniently laid out for you and other players when most of the players are in the market.
Forex markets are 24 hours a day, with some periods have very little to 0 liquidity across the board.
This fact requires your stop loss to be ELASTIC if you...Ignored
well 10/10 for bravery in putting that out there, it could open a whole big can of worms
edit:
setting stops is a form of art and everybody will have their own preferences.
However you physically or otherwise implement your stops, getting them in the right place will make or break your account.