Forex Trading 2018- TA/FA- Setups and discussion, page-1239

Spec, I'm not sure that guaranteed stops will protect against moves like that, but I do know non-guaranteed stops won't. Imo the only way to protect against moves like that is position sizing.

These days for me the average pips at risk on a 12h timeframe trade is around 50 which is equal to a max of 1% of account equity. This means means an adverse move like the ones you show would cost me 9% for the 450 pip move and 16% for the 800 pip move - that would be painful, but it would be far from wiping me out.

If however you're applying 1% to smaller timeframe, say 5-10 pips at risk, then that could be a wipeout. One of the disadvantages I think of trading the smaller timeframes and one of the reasons I have decided to go longer.

Cheers, Sharks.