Teeny Tiny StopLoss?

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Hi all, Andrey, phenomenal work you're doing here!

Just commissioned a custom EA from Fiverr, and the StopLoss you can set can be as small as 2 pipettes, it seems with CP the minimum SL is 1-2pips

Is there a problem with setting a stoploss in pipettes in the real world / live trading, is there a reason the SL in CP has a higher minimum?

I would love to have the option to enable SLs in pipettes or, like 0.2pips be allowed, is there a reason in practice why this wouldn't work?

Thank you!

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Andrey Khatimlianskyi
Quote from james

There was a strategy I was working on which worked great when the stoploss was almost non-existent, but I have since come up with better ideas I believe - and Sai I believe in practice it could have worked, just not very professionally - if you have an ECN broker account with a Stop Level of 0, tiny StopLosses, backtesting grew very reliably across time and markets, with a very low win-rate (around 7%), but because of the tiny stoploss and with zero/small spread it didn't matter having so many losses - but this 'brute-force' method is kind of ugly so have abandoned it - Andrey check out my new post I will write now, thank you!

So, this question is answered, isn't it?

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james

There was a strategy I was working on which worked great when the stoploss was almost non-existent, but I have since come up with better ideas I believe - and Sai I believe in practice it could have worked, just not very professionally - if you have an ECN broker account with a Stop Level of 0, tiny StopLosses, backtesting grew very reliably across time and markets, with a very low win-rate (around 7%), but because of the tiny stoploss and with zero/small spread it didn't matter having so many losses - but this 'brute-force' method is kind of ugly so have abandoned it - Andrey check out my new post I will write now, thank you!

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Andrey Khatimlianskyi
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James, welcome to the community!

Of course, you can work SL from 0.1 points (0.00001 for EURUSD).

Is it small enough? )

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Sai Pratap

Small SL wont work in real trades. Ur account will just be blown off eating away the SL almost everytime.

Better u have a bigger SL and use trailing as it moves towards targets.