Putting 200 pips SL? why how much capital do you have that you can afford to put 200 pips SL? Just imagine right now eur/usd daily average volatility is only 125 pips and your SL is 200 pips? that means your totally of timing. Because you must always be at more or less in 30% of the daily volatility.
But same time if you are planning of long term trading then I guess 200 pips SL is okpay. But the big question is what is your strategy?


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