DislikedHey Adi,
I want to share my aproach to risk management.
I am counting my risk using a formula: avarage of 20 day ATR = fixed amount of cash. This way i can count easily my maximum risk per pair. I treat SL like a disaster stop and most of the times i am cutting losses away from it.Ignored
EDIT: Maybe is like this. Your SL is ATR(20) away from the current price. Which is usually far from where I would put my SL (behind bar) and your stop could be 5% for example, but you rarely let it be hit and could exit if price close behind the bar, Something like that?