10 PIP Stops

Discussion in 'Systems and Methods' started by the golden gun, Jul 18, 2014.

  1. AusDoc

    AusDoc Well-Known Member

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    Yeah, not bad for a bull market, eh? ;)
     
  2. AusDoc

    AusDoc Well-Known Member

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    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
     
  3. rod178

    rod178 Well-Known Member

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    Kim, where were you ten years ago?
     
  4. Alpha-Bet

    Alpha-Bet Well-Known Member

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    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....
     
  5. Piper

    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
     
  6. the golden gun

    the golden gun RINSE & REPEAT

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    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
     
  7. Piper

    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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