Hello,
I had this question in mind, since many of my trades with an adjusted stop loss got triggered, but then the market goes in the direction I wanted, but since it got triggered basically im out. I know this is due to big fishes messing around.
What do you guys think, is stop loss something or, or not so good?
I think almost all traders agree that stop loss is needed to limit losses.
The problem is,how much the proper Stop Loss?
To determine how many appropriate Stop Loss points are dependent on the trading plan and indicators used by each trader.
And usually the wider the SL range, the higher our level of confidence that TP will be achieved