I cut losses when they reach 30 pips its max I can afford to lose. And what is your SL size?
It is not a strange thing , more than 50% traders loose their money in forex trading. Those who are making consistent profits are very less. I also got profit but loss is also with me . My friends loose much than mine because each of us is different in his trading.I very rarely lose--I'd say about 1 out of every 50 trades--and then it is only less than 1/2 percent of my overall investment. These are just estimates, but I really can count on half a hand how many times I lost in a trade in the last 6 months.