Stop loss is essential in trading. It reduces the risk of trading. It is extremely risky to trade without Sl. Trader may blow the account if they trade without stop loss. I am a fore trader too. I am trading with Eurotrader. I always use Sl. I use 1:2 risk-reward rai. So, I set my SL according to my risk-reward ratio.
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What’s your average SL size?
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