DislikedMay i know what Lot sizes u guys use? I dont use stop loss myself, my lot size is 20-100 Lots depend on market . Of cos my acct is not "small" and even when i am sitting on 200pips against me, it wont clean my acct out. So i normally hold till it comes back to break even or profit.Ignored
A better and smarter strategy is to take a small loss by cutting early, reverse the trade and aim to make immediate profit on the reverse trade.
I normally trade 5-10 standard lots per position and my leverage is 1:50. I don't risk more than 2% of my capital per trade (i.e. approx. USD10k per position). I cannot imagine trading without a stop loss.