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Practice trading with $100 max, but missing Breakouts because proper stop placement is too far.
Is a money stop 10 / 20 points still a good trader's EQ for good BO setups ?
Nevermind found it
There is a section where Al mentions using stop just above 60% PB in case of a short, alternatively below 60% PB in case of long.
When he says above 50% PB, he doesn't mean a pip/tick above 50% PB.
In strong BOs, these 50/60% PBs won't get breached. However, using smaller stop always means, higher risk of the stop getting triggered.
