Hey everyone, I've been diving deeper into forex trading lately, and I keep hearing about stop margin orders. I'm curious if they've been beneficial for anyone else here. Do you find that they help protect your account from getting wiped out during those crazy market fluctuations?

I’m especially interested in how you guys determine your stop levels and how often you actually execute them. I get that it can limit losses, but sometimes it feels like I might miss out on potential gains if the stop is too tight. Any personal experiences or tips would be much appreciated!