TransparentTrader wrote: Sat Oct 29, 2022 6:22 am Again, I understand your advice about being more confident and competent in your trading ability, and starting with very small lot sizes when you trade live for the first time.

I just wanted to know some very simple things about how stop losses are treated and how much risk is involved if there is more than one open trade (within the confines of the XU-Hybrid system).

That's all.

For starters I suggest putting your SL above or below the last swing by a few pips.

Now there is this site I have sent a lot of new traders to in the past & I believe everyone's trading journey should start somewhere like here to get the basics first................www.babypips.@@@
Do your homework, read some books, watch some videos etc...........

Personally, I don't use a Stop Loss initially, buy hey that's me & my style of trading.
Good Luck