hi
i have some problem on one thing only
i make couple of strategies that it is working nice but always i have the same problem
i lose all the money i am making because i don't know how to put a useful stop lose
once my capital was (on demo account) only 1000$ and i made within a month 7000$ as profit but i lose 5000$ because i didn't put i good stop lose
i trade on usd/nzd
most of time this it is go 150 pipe up and down per day ( i use one day time frame)
so i do mostly 50 to 100 pipe every day but in the third day i lose (250) or 150 so back to 0
what do i am missing?!
i have some problem on one thing only
i make couple of strategies that it is working nice but always i have the same problem
i lose all the money i am making because i don't know how to put a useful stop lose
once my capital was (on demo account) only 1000$ and i made within a month 7000$ as profit but i lose 5000$ because i didn't put i good stop lose
i trade on usd/nzd
most of time this it is go 150 pipe up and down per day ( i use one day time frame)
so i do mostly 50 to 100 pipe every day but in the third day i lose (250) or 150 so back to 0
what do i am missing?!