What is Chart-based Stops? - Forex Questions and Answers - FXAnswer

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What is Chart-based Stops?

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- Warren
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1 year ago

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0 Votes A chart-based stop is when you set your stop loss based on currency activity. This usually means setting the stop loss right below the low swing when buying Long. In contrast, equity-based stops are when you set your stop-loss based on money management alone, such as 2% of your equity. Source(s): http://kidspips.com/Discussion-Learn-to-use-Stop- Loss-effectively by Duane 1 year ago by Duane 1 year ago

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A chart-based stop is when you set your stop loss based on currency activity. This usually means setting the stop loss right below the low swing when buying Long.
In contrast, equity-based stops are when you set your stop-loss based on money management alone, such as 2% of your equity.

Source(s):

http://kidspips.com/Discussion-Learn-to-use-Stop- Loss-effectively