Thanks for the contributions. I wanted to know how percentage stop losses work and wrote an example (incorrectly i think). So a percentage stop loss would be in relation to my fund. So if i have £10000 in my account the stop loss would be 0.5 of $10000.
Also its not a joke thread thats why i...
Hi everyone, posting my first thread. Just wanted some understanding with regards to a percentage stop loss. For example, buy Eur/Usd @1.3700 TP 1.3750 SL 0.5%. So what would be my stop loss.
Thanks in advance.
Maarki