I use SL exactly the same way as You. And i stoped out often...
I am also interested in any tip!
I am also interested in any tip!
DislikedHello,
today i kind of screwed up. I entered there, had my TP on the daily pp, but I moved my SL too soon and as it did a second pullback I got stopped out at b/e.
I'd appreciate any tips on how to move my SL without risking that it closes my position with a fakeout, when would be the best time to do that? I use a SL below the last candle's close which is usually around 5 pips...Ignored