DislikedIf your trading off the 8hr and weekly charts, do you think setting a 10 pip stop is going to do any good?...LOL no. Maybe a 250 pips stop....larger time frames = larger risks.Ignored
your 250 pip trade may be only worth 3% of your account, my 25 pip trade also may only be worth 3% of my account.
at the end of the day i don't care how many pips you made or lost, just what % of your account you gained or lost. that is what really matters.