Comments on: Is Your Stop Loss Too Tight ?

By: Andrea NOTARI

Andrea NOTARI — Mon, 04 Feb 2019 22:15:10 +0000

Hello mr. Fuller, and many thanks for sharing this topic.
How would you combine wider stop losses with a proper trailing stop strategy?
I guess ATR would be the key, once more…
In any case, thanks in advance for your professional reply.
B.r.

By: Благодарность

Благодарность — Wed, 31 Oct 2018 17:43:17 +0000

excellent lesson

By: Norman Manzon

Norman Manzon — Tue, 10 Jul 2018 21:08:33 +0000

Outstanding, Nial! I’ve been studying forex for about three years, and am about to go live. I’ve been tossed about as in a tornado when it comes to opinions about wide or tight stops, but this study convinced me! Wide, even 1.75 or 2.0 ATR, is the way to go!

STOPS AND HEIKEN-ASHI: For those who are wondering about where to place stops on Heikin-Ashi charts – and I’m new to them, so don’t take this as Gospel – but if I have it right, H-A bodies smooth out trends, but their wick tips are exactly at the same levels at, and therefore as ragged as, those of Japanese candles, and it’s the wicks that stop you out! So it seems to make sense to me to place your stops exactly where you’d place them if you were using Japanese candles – and, if I may say so again, I think Nial’s got a bead on where to place them. SOMEBODY PLEASE AFFIRM OR CORRECT WHAT I’M SAYING.

Thanks Nial,
Norm

By: Sereno

Sereno — Fri, 06 Jul 2018 14:41:56 +0000

Thanks Nial. This is one area in fx not very well covered by many authors ie use of ATR when setting SL

By: Hronis

Hronis — Mon, 07 May 2018 12:34:59 +0000

Very valuable info on this blog for beginners and experienced traders, keep up the great work.
Thanks Nial! ????

By: Debasis Mukhopadhyay

Debasis Mukhopadhyay — Thu, 08 Mar 2018 07:36:10 +0000

Fantastic. You have answered my question without my asking it. Thanks

By: Adetunji Iyaniwura

Adetunji Iyaniwura — Sat, 03 Feb 2018 17:06:33 +0000

Great article appreciate !

By: Adamou Njikam

Adamou Njikam — Sat, 27 Jan 2018 23:29:59 +0000

Very helpful Nial.

By: Shlok Jain

Shlok Jain — Mon, 15 Jan 2018 04:21:00 +0000

After reading this article I feel like I am having a benefit of your 15 years of experience ,,

By: Mohamed Tabsissi

Mohamed Tabsissi — Thu, 04 Jan 2018 20:26:25 +0000

thanks

By: Ronald Hardge

Ronald Hardge — Mon, 01 Jan 2018 03:21:21 +0000

Thanks Nial for the info.

By: Blake

Blake — Sat, 02 Dec 2017 20:41:15 +0000

Wider stops are important for the beginning trader to learn to use properly. It is important for people who may not understand how stops work though that incresing the stop does not mean risking more. If you increase your stop size, then you must lower the volume you’re trading. If you do this you’re increasing your odds of winning trades while also maintaining or lowering your risk. Win – Win!

By: Michael Wilson

Michael Wilson — Sat, 02 Dec 2017 05:41:04 +0000

A very valuable topic. Thank you Nial!

By: Solomon

Solomon — Fri, 01 Dec 2017 10:45:24 +0000

Great.Thanks alot

By: Minh Đức

Minh Đức — Thu, 30 Nov 2017 16:08:29 +0000

One of the best article i’ve seen so far. Wider stop loss with adjusted volume of trade. I’ve never executed that properly

By: Oluokun Sunday Adeyemi Fca

Oluokun Sunday Adeyemi Fca — Thu, 30 Nov 2017 16:05:55 +0000

yes and it would always be, i do analysis on daily & 4 hours. pick trade on 30mins or 1 hour. so i do not need high SL

By: Chaki2801

Chaki2801 — Thu, 30 Nov 2017 13:17:13 +0000

Very helpful Coach, many thanks

By: KRISTOFA OKENTA

KRISTOFA OKENTA — Wed, 29 Nov 2017 19:52:53 +0000

Great article and lesson from the great mind of Nial F. Thanks so much.

By: Nial Fuller

Nial Fuller — Wed, 29 Nov 2017 12:01:13 +0000

In reply to hidymat. no, they are not the same thing.

By: Ismail

Ismail — Wed, 29 Nov 2017 11:23:29 +0000

Nice lesson very helpfull for newer just like me

By: Andrew Treby

Andrew Treby — Wed, 29 Nov 2017 10:41:14 +0000

This is one of the most important articles youve done i.m.o. As soon as I started using wider stops,the consistencey kicked in………

By: hidymat

hidymat — Wed, 29 Nov 2017 00:30:56 +0000

thanks Nial, is bollinger band same function as atr for stop loss positioning ?

By: Christian

Christian — Tue, 28 Nov 2017 13:28:05 +0000

Thank you, Nial and team.

By: Khesiwe

Khesiwe — Tue, 28 Nov 2017 07:14:10 +0000

Thanks Nial what a wonderful title

By: ေန မင္း

ေန မင္း — Tue, 28 Nov 2017 03:50:29 +0000

Thank sir

By: Tochukwu Stonch Ughadinjo

Tochukwu Stonch Ughadinjo — Tue, 28 Nov 2017 03:27:11 +0000

this is amazing and soundly resourceful. i am one of the many traders who has suffered immensely from wrong stop loss placements, but now i know better and will do better. As always, thanks Niall for this resourse and empowerment.

By: yk

yk — Tue, 28 Nov 2017 02:47:09 +0000

Dear Nial,

This is indeed very useful article that can strengthen the STOP loss management. It supplements the initial stop loss technique (e.g placing at low/HIGH of Pin bar).

It will be great if you can have future articles talk about exit management. (can we use ATR?) In the recent trade, I found the instrument moves in my favour (e.g. Reach 1:2.x risk reward ratio) but reverse significantly (without reverse price action signal in the daily chart). I will send you some screenshot separately to discuss this in another email.

Again, many thx for your nice articles.

By: Roy Peters

Roy Peters — Tue, 28 Nov 2017 01:52:04 +0000

Excellent article. A nice refresher on the proper use of a stop loss.

By: Rahwa

Rahwa — Mon, 27 Nov 2017 21:24:16 +0000

Another fantastic article Nial. May God bless you.

By: Albert

Albert — Mon, 27 Nov 2017 14:55:13 +0000

This is really enlightening to the placement of a SL, though it looks very scary. By using this strategy of placing a SL, I have to be very selective and disciplined with my trades…… and I think that is good too.

By: Mangut Kefas Mafwalal

Mangut Kefas Mafwalal — Mon, 27 Nov 2017 14:00:19 +0000

This is a wonderful article because stop loss placement is one of the major challenges of new traders. Keep it up.

By: marisa

marisa — Mon, 27 Nov 2017 13:36:39 +0000

Gracias Nial. Helpful write up and nicely written. I enjoy reading your articles; they are refresher training of important tips from your own course.

By: Katarina Marie

Katarina Marie — Mon, 27 Nov 2017 12:42:23 +0000

Thanks heaps for teaching the use of the ATR indicator. I shall use it and widen my stops. I think you are dead right.

By: Olajide

Olajide — Mon, 27 Nov 2017 12:35:21 +0000

Thank you , this is nice

By: Hypolite Uchechukwu Olua

Hypolite Uchechukwu Olua — Mon, 27 Nov 2017 12:00:34 +0000

I love the tight pant video link. thanks Nail

By: Eric Aroh

Eric Aroh — Mon, 27 Nov 2017 11:50:22 +0000

Nial, Thanks a million for this article. With the right position size one maybe assured of positive “Expectancy” outcomes in their forex trades using ATRs. Are there any “good” in the use of MACD (though you have emphasized non-use of such tools). Thanks, Eric

By: André Hofland

André Hofland — Mon, 27 Nov 2017 10:36:27 +0000

Very true! On many occasions I have been taken out, before moving in the right direction.
As I am building my account from very small numbers, I am very alert on positioning my SL at a logic level. But the downside with working with such a small account is, there is only little/limited space for positionsizing.
Thanks Nial.

By: Marco

Marco — Mon, 27 Nov 2017 10:12:06 +0000

I like the photo, :D

By: John Promise

John Promise — Mon, 27 Nov 2017 09:47:54 +0000

Thanks a million. This is an eye opener.