Hello, my name is Jeff, I’m 53, a Father of two teens, a former chef, and office clerk. I’m currently traveling the Western states in my Travel Trailer with my cat Mavis, learning how to Trade Forex and a couple of other online ventures. I’m currently enrolled with Market Traders Institute out of Florida. All they do is Forex. I own a course that I’m learning from, but I figured I could probably get some friendly advice and learn a thing or two from the good people here. I’ve heard good things. It’s good to be here.
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Stop loss is a killer if you do not use it properly. You should risk reward ratio of your strategy. In ranging market it seems price comes back again. But if the market trend for long and if you against the trend you will eventually get the margin call.