SL and TP

[Ruben Couto]

Hello!

Regardless of the pair, strategy and market conditions, what would be a reasonable relation between TP and SL. Should SL be wider than TP or the other way around? Should there be any rule of proportions between them. For eaxample TP should be 60% of SL or vice-versa?

Thanks!

[Brian Dee - Random Trader]

R

For some scalping strategies, the SL is twice TP - but is more common that SL is 25%-50% of TP

So there is no rule!

Just as important is your plan for Trailing Stop &/or the move to break even...

FWIW

-BB-

[Ruben Couto]

BarrowBoy wrote >>

R

For some scalping strategies, the SL is twice TP - but is more common that SL is 25%-50% of TP

So there is no rule!

Just as important is your plan for Trailing Stop &/or the move to break even...

FWIW

-BB-

Thanks!

:)