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Duc is spot on here.


Regardless of whether you use a 10% initial stop loss and/or a 2% trailing stop loss, it is a certainty that you are going to lose that percentage. Especially, if you are using an approach where you are waiting for the market to prove you wrong (i.e. your stop loss is hit before you exit the market/trade). This is what you see in a lot of trading systems.


The only variance is the actual realised $ value that the % stop loss equates to.


If you exit the market when a target profit (whether it is  $  or % terms) is hit then the loss will not be realised, as the stop loss has not been triggered, hence no loss incurred.


cheers.


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