Here is a good definition of stop hunting. Do not place your stops at obvious places like double or triple zero levels, or at key resistance points. Place them 5 or more pips beyond those points to keep your stops from being taken out.
Topgun
Stop Hunting
Quote:
Originally Posted by dpaterso
Sorry - not to hijack this thread but genghisclown made this statement earlier in the thread:
I would also like to have that explained to me (very soon)!!!
Regards,
Dale.
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