Important lesson for me:
Look on price - max was 2,4pips below my SL - all was ok - avarage spread on my brokers is not higher than 1 max 2. But there were news - spread went wider for seconds and my postion was closed.
What can be done - its not so easy. We can say - dont move SL before news.
Yes but what if news would move price 30 or more pips higher. We would say - not moving stop loss was stupid. So there is no golden rule - but i should have this SL 2-3pips higher to avoid spread wide. But of course it could close anyway. Welcome on Forex - nothing sure here.
BTW - thats why on my blog every day plan will be opened by news calendar from ForexFactory - and im doing it for long time. Everyday first page - FF calendar
Look on price - max was 2,4pips below my SL - all was ok - avarage spread on my brokers is not higher than 1 max 2. But there were news - spread went wider for seconds and my postion was closed.
What can be done - its not so easy. We can say - dont move SL before news.
Yes but what if news would move price 30 or more pips higher. We would say - not moving stop loss was stupid. So there is no golden rule - but i should have this SL 2-3pips higher to avoid spread wide. But of course it could close anyway. Welcome on Forex - nothing sure here.
BTW - thats why on my blog every day plan will be opened by news calendar from ForexFactory - and im doing it for long time. Everyday first page - FF calendar