I need to ask one question. For all those trading with PSAR, how do you set your stop losses or do you even set them? I'm asking because for the three positions that I have open
AUD/USD Long
EUR/GBP Long
GBP/USD Short
The AUD/USD has seen up to $35.00 profit although right now it's at $32.20. The EUR/GBP is up to $12.00 and the GBP/USD keeps fluctuating between green & red. However, I do not have any stop losses on these positions and I'm wondering if this is a good idea.. And I took them based only on PSAR.
P.S. I am demo trading 10 cent pips.
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