i usually make my stop loss twice my take profit so if my take profit is 25 pips, then my stop loss is going to be 50 pips. if my take profit is 50 pips, then my stop loss is 100 pips.
is this a good idea or maybe i should use 3 times so 20 pip take profit and a 60 pip stop loss?
is this a good idea or maybe i should use 3 times so 20 pip take profit and a 60 pip stop loss?
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