Are You Getting Stopped Out All Of the Time?

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#524: Are You Getting Stopped Out All Of the Time?

In this video:
00:26 – Do you keep getting stopped out?
00:47 – What are the issues here?
01:32 – Not knowing where to place your stop loss?
02:02 – Trading is emotional.
02:35 – How to avoid being stopped out all of the time.
03:40 – Consider Blueberry Markets
03:48 – Book a call with us and watch my Masterclass

Why do I keep getting stopped out? Today, we’re going to delve into that question that has annoyed many a forex trader. So let’s get into that and talk about it and more. Right now.

Hey, everybody! Andrew Mitchem here at the Forex Trading Coach with video and podcast number 524.

Do you keep getting stopped out?

Now, are you getting stopped at all of the time? It’s a frustrating experience. You’ve done your analysis, you place your trades you set your stop loss only to find that the market momentarily dips far enough to hit a stop loss and then it goes back in your intended direction. It’s like the markets go a personal vendetta against you, right? That’s how it feels.

What are the issues here?

Well, let’s have a look to see what you can do about that to stop that happening. Because the most common reason that I find that many people have is their stop loss is too tight. A tight stop loss might seem appealing because it minimizes your risk, or so you think on paper, but often it doesn