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Tutorial How te set a good sl and nice tp

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Cedophe

New Member
many of traders think trading just like throw flip coin or somthing just like that so why do they put sl for their positions ?
the most important mistake is don't put sl for your trading position .
 
easiest method for me is to go a few pips above latest/most significant resistance or a few pips below the the latest/most significant support
 
Today I made nearly 300 bucks in gold and lost all in 15 minutes.
My bot have no SL and this is crap. Now I am looking for a new one which is working.
Every trader knows YOU MUST have an SL and in in many cases you should use a TP too.
 

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