Many new traders often say that they are doing everything correctly but still, their trades are being stopped out. This currency market is extremely volatile in nature and just by following the rules in the book you can never make any profit. If you want to really lead your life based on trading, then you need to bring some changes to your thoughts and imaginations. By following the traditional way of trading you can never really make a profit. Though this market can be traded in the lower time frame still the professional traders in the United Kingdom prefer higher time frame trading. You might say that in the higher time frame you have to use wide stop loss and take huge amount risk but if you follow some simple tips then you can easily change your way of trading. It’s true that you will have to use wide stop loss but still, at the end of the day, you will realize that this is the best way to trade the market. So let’s learn how to use the wide stop loss in an efficient way.