How Do You Analyze a Good Stop Loss Gold Order Setting Percent?

How to Analyze Good Stop Loss XAUUSD Order Setting Percent

Strategies of Setting Stop Loss Gold Orders in XAUUSD Trading

Traders using a trading strategy must have mathematical calculations that calculate where the Stop Loss Gold Order should be placed.

A trader can also place a stop-loss order according to the technical gold indicators used to set these stop loss orders.

Certain gold indicators use mathematical equations to calculate where the stop loss orders should be set so as to provide an optimal exit point.

These xauusd technical indicators can be used as the basis for setting these stop loss orders.

Traders also place these stop loss orders according to a predetermined risk to reward ratio. This technique of setting stop loss orders is dependent upon certain mathematical equations. For example a ratio of 20 pips gold stop-loss can be used by a trader if the gold trade has the potential to make 40 pips in gold profit: this is a risk reward ratio of 2:1

Other traders just use a predetermined percentage of their total gold trading account balance.

To set a stoploss order it is better to use one of the following percent based techniques:

Setting Stop Loss Gold Order based on Percent of Trading Account Balance

This gold stop loss setting method is based on the percent of gold trading account balance that the trader is willing to risk.

If a trader is willing to risk 2% of account balance then the trader determines how far he will set the order level based on the open gold trade size that he has bought or sold.

Set Stop Loss Gold Orders based on the Gold Account Balance Percent Method

Read a Good Stop Loss Gold Order Setting Percent