This is a simple question how do you adjust your stop loss?
But I think many traders even don't know why he set those number to stop his losses.
Some of them just set a default number of SL and don't care whatever about the current market condition, that number is a level risk he can tolerate.
Some others even totally don't know why he should use stop loss,
Some others else become so freaky to see his SL be hit. When the prices will nearly hit his SL, he will quickly widen his SL. But when he get a little potential gain he will immediately to take those profit. He is so tolerative with loss but has no tolerance with gain. This type of traders shouldn't be discuss in this thread.
Please feel free to share your thoughts. Thx.
But I think many traders even don't know why he set those number to stop his losses.
Some of them just set a default number of SL and don't care whatever about the current market condition, that number is a level risk he can tolerate.
Some others even totally don't know why he should use stop loss,
Some others else become so freaky to see his SL be hit. When the prices will nearly hit his SL, he will quickly widen his SL. But when he get a little potential gain he will immediately to take those profit. He is so tolerative with loss but has no tolerance with gain. This type of traders shouldn't be discuss in this thread.
Please feel free to share your thoughts. Thx.