I didn't used stop loses, because of that i vanished few Forex accounts.
I'm currently trying new strategy with
Broker: FXTM
Currency: USC
Leverage: 1:500 leverage
Balance: $1000
TP: 40-60 pips
SL: 40 pips
BE: 2 pips after 25 pips
Strategy: Pivots
Pairs: EURUSD, GBPUSD
Risk: 4%
-The purpose of this tread is follow my strategy correctly with SL, also i like to discuss ideas and experience about how much risk we should take for a one trade to avoid burn whole account after string of losses.
-Hope someone help help this for avoid vanishing their account as mine by trading without Stop losses.
-Please vote for the poll too.
I'm currently trying new strategy with
Broker: FXTM
Currency: USC
Leverage: 1:500 leverage
Balance: $1000
TP: 40-60 pips
SL: 40 pips
BE: 2 pips after 25 pips
Strategy: Pivots
Pairs: EURUSD, GBPUSD
Risk: 4%
-The purpose of this tread is follow my strategy correctly with SL, also i like to discuss ideas and experience about how much risk we should take for a one trade to avoid burn whole account after string of losses.
-Hope someone help help this for avoid vanishing their account as mine by trading without Stop losses.
-Please vote for the poll too.
Failure is not failure if you learn from it...