Yes, that’s true. Most times when I am trading, how much I am willing to lose is an important factor that I consider when setting the stop loss on turnkey forex. I know it's pure guesswork but that also depends on the historical movements of the asset. I try to place it far enough that it doesn’t trigger too early but not too far that I get to lose a significant amount of capital. I keep trying to set different stops with low amounts with icm to see what impact they can have on my trades so as to prepare myself for whatever the results are.Oh yes! Considering market fluctuations and volatility are really important. When you are planning to go long, you can set the stop below the market price and when you are going short, it should be above the market price.