How do you guys set your stop loss the right way? Can you share some guidelines so to avoid being stopped out unnecessarily? Thank you
Set your stop using TA, at a point where you would no longer want to take that trade - where the probability of gain has become 50:50 or even a probability of loss.
Allow for normal volatility of price action so you don;t get stopped out by normal price changes - use something like ATR to find a minimum stop distance as volatility is never constant.
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Many ways to set a stop , this may help
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