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Trade with stop loss

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Tan Phan Ngoc
1332
Tan Phan Ngoc 2015.03.16 08:23 

In my opinion, successful method is:

   - Follow the trend

   - Use stop loss

   - Let profit orders go

Umar Ismail
10491
Umar Ismail 2015.03.16 10:34  
Makeprofitsuper:

In my opinion, successful method is:

   - Follow the trend

   - Use stop loss

   - Let profit orders go

Agree
Francis Dogbe
9501
Francis Dogbe 2015.04.05 12:39  
ismail77:
Agree
me too
Marco vd Heijden
Moderator
4708
Marco vd Heijden 2015.04.05 15:26  
Disagree.
Aleksei Beliakov
24388
Aleksei Beliakov 2015.04.05 19:38  
so am i
forextime8
321
forextime8 2015.04.09 15:22  

some question regarding stop loss ,

should I add spread into stop loss level ?

Tan Phan Ngoc
1332
Tan Phan Ngoc 2015.04.09 16:29  
forextime8:

some question regarding stop loss ,

should I add spread into stop loss level ?

What do you mean?
whroeder1
14544
whroeder1 2015.04.09 20:39  
forextime8: should I add spread into stop loss level ?

For sell orders the SL/TP are relative to the Ask. So if want to exit at High of the previous bar, for example, you must use High+average spread for sell.

Likewise, for BuyStops/BuyLimits, you must add the average spread to the Bid price you want the order to open at.

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