When it comes to stop loss many traders especially beginners will tend to use tight stops , other will use a wider stops in order not to get stopped out as they believe .. actually the real answer for using wide or tight stops is not a black and white issue ..


What i mean is that placing stop loss is actually related to your setups or strategy rules not to just assuming that it should be ( x ) number of pips .. in the following video you will have a better idea regarding this concept and how to be realistic in choosing the place of your stop loss order ..