yeah i have been working on 10pip SL as a mix to give me the best R:R if i can not trade with that then i dont take the trade
Use the formula to calculate stop loss:
Stop Loss = opening price â price change in points.
100 % cause of losing=SL
yet peoples still doing it
Youâre posting lots of messages identifying what people should not do.
This is all useful but its obviously limited. With your experience in trading, have you any details to pass on about what traders should do?
-people always mention 2% risk ,bla bla bla
-while i say ,donât take any.
-ever thought of 0% risk?
thatâs all i can share with you my friend ,thank you for your attention
Thanks for replying so promptly. But weâre not going forwards here.
None of us is going to live long enough to tell traders what they should not be doing. There are so many things that it take forever. But to know the things they should not do, you must know many things which are more productive. I wouldnât have thought that sharing some of these would harm your trading, and who knows? - one or two of them might be exactly what another trader visiting here needed to learn in order too turn their trading round.
So maybe you could post a little about your personal trading style?