Hi sandy, I don't use stop loss so I don't need to care about them thus, they are a source of concern that I have removed from my trading.
Instead I let the price action tells me when to stop and reverse a position and I do this with moving averages which helps a lot to filter noise spikes, you know, the ones that hit sooner than later those tight stops.
Instead I let the price action tells me when to stop and reverse a position and I do this with moving averages which helps a lot to filter noise spikes, you know, the ones that hit sooner than later those tight stops.
Simplicity is the Ultimate Sophistication.