Monday, November 7, 2011

Placing Stop Loss

I am going to change my stop loss placement method.
I used to place the stop loss lower than the previous two candle stick lows when trading. As you could see, I was stopped out all the time.
After long researching and back testing, I will change my stop loss placement further rather than my usual basing on my previous last two bars.
You would be able to see how am going to place it during trading. Wish Me luck!

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