Hello GammaJammer.
different traders with different risk levels and different style of trading. My risk level on any trade is 600pips (this can be confirmed by the live account statement posted here -->>
http://www.trade2win.com/boards/for...ons-banks-hedgefunds-e-t-c-5.html#post1234012 )
I really cannot define traders risk level for them; we're all different risk takers. Instead I try giving or posting the level I feel confident on that price cannot retrace back to if it pulls back when in a pullback.
I feel this best answers your post.
Thank You
PS. Before I forget; no matter where your stop is. 1000, 2000 or 10,000pips. If you're not right on the direction, kiss your money good bye because price with get there.It will only take time!