It all depends on us also for what we are looking for a day, to Determine how many pips are used for your stop loss,
Depending on your plan or target for a particular trade you are in, for example you Determine that this
I want 60pips and you see that candle already so nearly 25 or 30pips, you can see that
you are ready to lose 60pips to 25pips. Stop loss is strongly recommended to always use
and also guide your money in case of market reversal so it will not exchange all accounts.