Simple Profitable Method

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I can see all steps of the action listed as a responce on my question, but still no info on the protective stop loss - in case of any disaster.
i am not talking about exit or entry,
a STOP LOSS order. I saw numbers 3:1 or 2:1, how it is in reality, ? for $ 200 you have to have $100 than, this is too small for ER2. Any suggestions?
 
Quote from oberun:

I can see all steps of the action listed as a responce on my question, but still no info on the protective stop loss - in case of any disaster.
i am not talking about exit or entry,
a STOP LOSS order. I saw numbers 3:1 or 2:1, how it is in reality, ? for $ 200 you have to have $100 than, this is too small for ER2. Any suggestions?
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Stop loss is a personal call, every trader has a different level of comfort. I know traders that dont use them at all, because even if their feed drops out they figure half the time it will go against them and half the time for them, and even out over time
 
No I dont, its pretty obvious when a trade isn't working, you always hope it becomes apparent inside 10 ticks but not always

The better trades work straight away, dont hang around hoping
 
Just an interesting observation, put a 25 period Simple Moving Average on your 2 minute price chart and see how many times it acts as support/resistance and bounces off it (ER2)
 
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