short in USDCHF, this was an operation made on my secondary account where I use PVSRA without a rigid SL
To survive movements of several pips against your positions, ALWAYS TRADE LIGHT IN RELATION TO THE ACCOUNT BALANCE, this way we end the operation with a profit of 60 pips
I may change my opinion in the future, but at the moment I write this, although it is a profitable way, it is not something I recommend.
a comment that I found quite interesting to analyze was that of the creator of the topic: "the institutional market participants use stop losses in the hundreds of pips" which I could understand is that institutional market participants probably do not opt for a rigid SL because they can withstand movements of several pips
My question is, what would they do in cases like the USDJPY where the price is rising until the moment? Would they leave their orders open for months or years until the price returned, or would they close with a loss?
this is an interesting question
To survive movements of several pips against your positions, ALWAYS TRADE LIGHT IN RELATION TO THE ACCOUNT BALANCE, this way we end the operation with a profit of 60 pips
I may change my opinion in the future, but at the moment I write this, although it is a profitable way, it is not something I recommend.
a comment that I found quite interesting to analyze was that of the creator of the topic: "the institutional market participants use stop losses in the hundreds of pips" which I could understand is that institutional market participants probably do not opt for a rigid SL because they can withstand movements of several pips
My question is, what would they do in cases like the USDJPY where the price is rising until the moment? Would they leave their orders open for months or years until the price returned, or would they close with a loss?
this is an interesting question
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