Hi all.
I'm trading Daily chart only but i haven't a good Risk:Reward (maximum 1:1) because stop loss on Daily are bigger (150/200) with Atr confirm too.
I'm thinking if was a good idea use only static stop (50 or 100?). In this way i can have a good risk:reward (1:2 and 1:3) and i would respect the ancient "Cut your losses and let your winners run" :-)
What are your tips?
Thank you
I'm trading Daily chart only but i haven't a good Risk:Reward (maximum 1:1) because stop loss on Daily are bigger (150/200) with Atr confirm too.
I'm thinking if was a good idea use only static stop (50 or 100?). In this way i can have a good risk:reward (1:2 and 1:3) and i would respect the ancient "Cut your losses and let your winners run" :-)
What are your tips?
Thank you