Setting your stop loss in position sizing

[Judy Mank]

The hurdle which many traders find difficult to lift pass and exceed beyond when they are faced with the process of choosing appropriate sizes for their positions is the point of setting stop loss. Simply put the most, you must carefully identify where it is best logical to point your stop loss to. If you choose to trade with a pin bar setup for example, that point is then going to be a very little above, or say a little after the high downwards or preferably the of the pin bar’s tail. Different set ups are accompanied the most perfect place to put the stop loss. What is the idea behind all this is to make sure that the stop loss is kept at a point that will well cancel out the set up if it touches or hit on the other region of a clear support or resistance region. This is the most ideal placement for stop loss