stop loses - the $6m question!

  1. 43 Posts.
    To the more experienced traders on the site could you give your opinion on the following-

    Would u use the same principle for stop loses for currency trading as u would for shares trading?

    What have you found (from trial and error ) to work .

    Just my opinion I think if u can get your stops working ( i mean around 80% of the time) u r on to a winner .

    I have tried several ways and none to seem to work - and I found the HARD WAY not using a stop lose is a very expensive exercise.

    Perhaps a charting system would assist or only buy thru broker with their recommendation for stops (if they do that - I dont know as i have only used on line trading)

    Anyway thank u in anticipation. Bmer
 
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