Stoploss Big Mystery-3 Golden Keys

#41
Dear Mr.Rvlv I came across this post today 2 yrs after u wrote it.My sincere appreaciation for this very informative article.I m a bit new to this business and I want 2 do systematic and deep study on this subject.I find answers 2 most of my questions in this forum.It is a wonderful forum with people who r not only highly knowledgelable but r also HELPFUL and willing 2 share their info 4 d benefit of all members.PL.KEEP UP THE EXCELLENT WORK.
 
#46
Appreciates your help rvlv..

Also to SANX for the post explaining stop loss with example (Post #33).

Yet not clear about the correct stop loss level. Is that the previous days Support (S1 or S2) for a short trade and Resistance (R1 or R2) for a long trade.

thanks
Vinod