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Re: Stop Loss Placement To Avoid Market Noise?

rijay, Thu May 10, 2018 1:16 am

Cassandra00 wrote:
Wed May 09, 2018 12:59 pm
I am about to fund a $4,000 USD Account and I wondered what's the best Stop Loss amount to risk that'll avoid market noise? I think the ratio is calculated by the size of my account, or is it market conditions that determine stop loss size? I am trying to come up with a magic number where like a 0.25 lot costs $580, then I set aside in my account like $3,000 for stop loss money. Small stops seem to keep getting hit on me in paper trading, yet I don't want a huge market move to wipe out a large stop loss that I can't really afford to lose.

Any help with this would really be appreciated, thanks!
for swing trading you may find this atr based indicators useful to assess sl levels.

4000 usd is too small an amount to trade 0.25 lot size, in any case think twice before you increase your lot size on any trade,

because if you have your capital preserved then market will give many more opportunities again, and again and again to win.
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