"Quote originally posted from Pipstar:Here's something to study. You made a fundamental mistake to put a 50 pips stop loss; it should be no more than 20 pips stop loss for a news trade. Some traders put a 10 pip stop loss but I think that it's too tight if your broker widens the spread. Otherwise you will destroy your account. If you only take a small loss there is always the next news trade to recover; if you take a big loss you have no funds left to trade. Just trying to help."
Thanks Pipstar.
Thanks Pipstar.
These too shall pass away.