Where do you keep a stoploss? why?

#1
Friends

Traders often get confused about stoploss and where to locate it.

keep stoploss at a point where your reason for entry disappears.

if entering a short trade,know where downtrend ends and keep your stoploss at that point.
if price crosses that point price enters uptrend as downtrend is over.


justify your trade by risk level-you can afford or not.

most cases
for intraday trades a stoplossBELOW PRICE BY A DISTANCE of 1.5*ATR(10)

OR 1.5*ATR(15) WILL DO.
STOPLOSS AND TARGET ARE 1:1 FROM ENTRY for new traders .
POINT TO THINK
RR =REWARD/RISK =1/0 =INFINITY
IF STOPLOSS IS AT ENTRY ITSELF(MOVE IT ASAP)
 

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?