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78 | Thiru Nagappan - Fx trader with his own smart indicator

A TRADER'S LIFE

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How to Trade Your Stop Loss Tight

The first stats are open equity, how much move is left upon the confirmation bar point of entry. The second thing is MAE, which is how much does it move against you before going to the open equity distance. And the third stats, which I wanted to tell your guys listening in is that how long does it take to get to the target? Okay. So once you've got these tops and bottoms and open equity stats and time two, a very simple strategy that you can construct is just based on trend following.

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