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How Much Buffer Should I Use for Stoploss?

When placing a stoploss, one of the biggest struggles traders face is deciding how much risk to take, and how much buffer to use.

If your stoploss it too wide, you end up increasing your risk too much. But if your stoploss is too tight, you end up getting stopped out even if you are right.

So what is the optimal balance in making this decision?

Enjoy the video! 😀