Home Forums General Discussion Open (losing) trades for more than 2 weeks Reply To: Open (losing) trades for more than 2 weeks

#45396
Anonymous
Inactive

Hey Ilan,

How come the EAs have SL above 500 pips?

If you have created such EAs, then you should expect that the trades might go on such a loss. As I show in my courses, I don’t go above 100 pips because it is likely that the hourly trend reverses after 100 pips movement in the opposite direction.

I avoid giving suggestions and trading advice, but if you have set such SL for some reason, you should be expecting it and handling such positions…

Anyway,  I would keep them in my account is big enough, and if you did a mistake with such a huge SL, you can also hedge the positions (buy at a lower price so the average price will be lower, and you can recover quicker).

Regards,

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