How Many Pips Away Is It Advisable To Put The Stop Loss? - Forex Forum

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> How Many Pips Away Is It Advisable To Put The Stop Loss?
forexd
post Sep 11 2008, 8:29
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please, when told to put stop loss above or below a particular price( e.g sell euro/usd @ 1.3970, put stop loss above 1.4030. target 1.3900) how many pips away is it advisable to put it for volatile and more volatile pairs
Arnaud
post Sep 11 2008, 10:34
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hello,
You have to include the spread.
ex. eurusd stop above 1.4030. With a 3 pips spread the stop is 1.4033

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