Hello everyone.
I Made this thread which i assume has been made 1000's times already but why not make it 1001 : How far do you Put your stop loss? Do you put it 30 pips 50 pips? or go further and put it to 70 or 90 or even further? Tell us your stop loss and where you place it and why do you place it there?
Ill start off with i place my stop loss at Key Reversal points if its bull market im gona place it at Key Support point if its Bear market it im gona place it at key resistance point which can be as far as 125-200 pips sometimes more. I place it at special key points that market reachs when it Reverses from bull to bear or vice versa.
Tell us yours.
I Made this thread which i assume has been made 1000's times already but why not make it 1001 : How far do you Put your stop loss? Do you put it 30 pips 50 pips? or go further and put it to 70 or 90 or even further? Tell us your stop loss and where you place it and why do you place it there?
Ill start off with i place my stop loss at Key Reversal points if its bull market im gona place it at Key Support point if its Bear market it im gona place it at key resistance point which can be as far as 125-200 pips sometimes more. I place it at special key points that market reachs when it Reverses from bull to bear or vice versa.
Tell us yours.
There are those who know, and there are those who don't know.