Dislikedim considering to use a 400 pip stop loss because i noticed the recent price reversal does happen within 400 pips, but then again maybe it depends if your profit target is 3 times your stop or more.. and how much you are comfortable to lose when u enter the trade.
I am still a newbie, so... Im not absolutely sure if I am right to think this way, but anyone who disagrees can also let me know why, thanks
bez3000: so that means u change your stops manually? you don't use the trailing stop? i havnt figure how to use trailing stop... so i...Ignored
Hope this makes sense.