DislikedThe second problem, however, is the SL setting, I have read many opinions on how to set it to 20-30pips, above the last candle indicating the trend, where, over resistance, under resistance, there is so much and I still do not know how to approach it. I was best at 2: 1 profit / risk, but later the man sees that the transaction is going on and it hurts. I am still learning, I know that it is still an immature approach to this business, but it is not so easy to change it, I learn from mistakes in every area of my life, but I can't deal with trading...Ignored
Just my 2 cents as there are many opinions on this.
Its not about the amount of pips you set the SL at.
Its about Capital Preservation.
Your SL should reflect your Money Management and Risk Management,
Its a a probability game.
Once you work that out its ok to take a loss.
in wondering about yourself, you forgot what you came here to be part of
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