As a general strategy should stop-loss be "n" times the profit-target or the opposite (profit-target being more)?
Some suggest having a big stop-loss (say 3 times the profit-target) so that it is not easily hit
Other camp suggests taking quick small losses so that we are quickly out when the trade setup doesn't work out
Also has trailing stop loss worked better than a profit-target with stop loss? Would you recommend it?
What has worked best in your experience and what do you recommend?