DislikedHi Guys, Been trying this strategy on a demo account but it appears that i may have misunderstood the stop loss strategy. Can someone let me know what is the daily stop loss strategy upon entering into a position? As amateur as it sounds, i have been shifting daily stop loss to previous day's low (-15pips) / high (+15 pips). Thank you in advance.Ignored
My understanding was .....
a) You move your take profit to BE if the trade goes against you.
b) You only move SL if you are in profit at day end the previous candle high / low +- 15