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griffin,
when entering a trade you need to know your maximum exposure. Believe me, once you have a reliable system you do not mind being stopped out, it all part of trading. It about win/loss ratios.
If 30pips is too tight, move your stop further out and take a smaller position.
until you experience a sore loser, you will not know importance of stop loss. Mine was going long on Nasdaq in 2001, to catch a falling knife, so to speak.
If you do not know where to set stops and limits, subscribe to somebody that does.
It is zero sum game, but many participants are not speculating, exporters, governments, etc. Not all banks are making money either, ask John Rusnak.
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