10 PIP Stops

[AusDoc]

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]

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]

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]

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....

 

[Piper]

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.. >

 

[the golden gun]

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.. >

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

 

[Piper]

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