The Bigger Your Stop Loss

 

Because the bigger your stop loss, typically the bigger gyrations you can hold through, giving your trade more time to achieve your profit objective. The trader using a pip stop loss or greater is usually a swing trader or end of day trader that doesn’t want to be at their trading platform often and glued to their screen.

What Forex stop loss strategy should you use? When a trader moves a stop loss to break even, they are moving to a level that they have decided is important. And when your trade gets stopped out, then the market starts to continue in its original direction.

SWING TRADING LESSONS

Every Forex trader trades a particular part of those natural ups and downs Price could threaten the stop loss; price could miss the take profit by a narrow marginand each chooses a particular combination of a stop loss level, an entry and a take profit.

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