Re: Stop Loss Placement To Avoid Market Noise?

#11
You place your stop wherever YOU think the market is the wrong bias and your analysis were wrong. For instance dont place a lot based trade and say hey 3% is 15pip so i set a 15 pip stop. determine your stop level before opening the trade and size the position accordingly to meet risk requirements.

If you dont have proper risk managment skills i reccomend that you dont start with 4000$


Re: Stop Loss Placement To Avoid Market Noise?

#12
Maffe wrote:
Sat Mar 06, 2021 9:08 pm
You place your stop wherever YOU think the market is the wrong bias and your analysis were wrong. For instance dont place a lot based trade and say hey 3% is 15pip so i set a 15 pip stop. determine your stop level before opening the trade and size the position accordingly to meet risk requirements.

If you dont have proper risk managment skills i reccomend that you dont start with 4000$
I could not have put it better!
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