10 PIP Stops

AusDoc

Well-Known Member
the golden gun said:
And just for good measure, the setup hits 4:1 potential

2.5% Risk
4:1 Setup
10% Intraday...

Visualization of your trading account:
Yeah, not bad for a bull market, eh? ;)
 

AusDoc

Well-Known Member
Here is an interview with a straight-talking trader who routinely uses 8 to 12 pip stops, depending on the pair.

https://www.youtube.com/watch?v=zF5VQEO10qA#t=2947
 

rod178

Well-Known Member
AusDoc said:
Here is an interview with a straight-talking trader who routinely uses 8 to 12 pip stops, depending on the pair.
Kim, where were you ten years ago?
 

Alpha-Bet

Well-Known Member
AusDoc said:
Here is an interview with a straight-talking trader who routinely uses 8 to 12 pip stops, depending on the pair.
agree with speakers sentiment...

I still wouldn't pay dollars to anyone for a trade education service.
it just flies against my logic.

too each their own....
 
P

Piper

Guest
I would bet my pants that half of the forums daytraders doesn't use bigger s/l's then 10 pips.
She's right tough,gotta love the turtles,they give us a money.. >:D
 

the golden gun

RINSE & REPEAT
Piper said:
I would bet my pants that half of the forums daytraders doesn't use bigger s/l's then 10 pips.
She's right tough,gotta love the turtles,they give us a money.. >:D
I just checked my trading records and found the average stop loss for my last 50 trades:

*drumrolllll*

23.6 pips!

sorry for wasting your time with this useless information lol
 
P

Piper

Guest
well my friend, you are on track... from what i've read on most forums, average fx stops are around 100ish.. :)
 

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