I trade only BNF for my bread and butter , So i can help you in this regard.
1.I have backtested with different SL points.30 points is best SL for intraday.
For intraday swing you can put rs 50 sl.
2.So intraday trading with more than 50 rupee sl is useless.
3.I do use 200 sl , but that is for a swing method(2-8 days).
4.You need to fixed your risk(R Multiple) , then you can compare your risk:Reward.
5.you have variable Sl , then how can you succeed.
6.Finally mark my word , any method will work but unless you don't have Money Management in place you will not succeed.:thumb:
1.I have backtested with different SL points.30 points is best SL for intraday.
For intraday swing you can put rs 50 sl.
2.So intraday trading with more than 50 rupee sl is useless.
3.I do use 200 sl , but that is for a swing method(2-8 days).
4.You need to fixed your risk(R Multiple) , then you can compare your risk:Reward.
5.you have variable Sl , then how can you succeed.
6.Finally mark my word , any method will work but unless you don't have Money Management in place you will not succeed.:thumb: