SL and TP

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177

rubencouto 2008.10.10 14:07

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!

Equivolume Charting Revisited

The article dwells on the method of constructing charts, at which each bar consists of the equal number of ticks.

1235	BarrowBoy 2008.10.10 16:24 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-

177	rubencouto 2008.10.10 17:27 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! :)

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SL and TP