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Posted
The only way to trade with high leverage without risking blowing up an entire account in only 10-15 trades is by trading with a tight stop loss. Trading without stop loss will “kill” your investment in no time.
Posted

Never trade with high leverage in the first place, keep your money risked per trade to below 2%

Stoplosses should not be used to increase position size, it is placed at a technical place on the chart where your analysis is wrong.

Tightness of stop is not going to reduce losses.

This will actually increase losses as market must be given room to breathe.

Posted
Stop loss is a must. Tight stop loss depends on your trading style. If you trade from daily charts and use a 15 pip stop loss you are looking for trouble. Same if you trade from a 5 min chart and use a 2 pip stop loss you do not give enough room for your trades to breath and you could end with too many losing trades for no reason.

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