8 rul wrote:
8.Take profit and Stop Loss levels should not exceed 2% from the opening price for EUR/USD. Limits for the rest instruments recalculating each settlement according to "Pip Conversion Schedule". E.g. Limits for AUD/JPY=(EUR/USD Points/AUD/JPY Points)*2%=1/1.74*2=1.15%; for EUR/NOK=(EUR/USD Points/EUR/NOK Points)*2%=1/0.17*2=11.76%, etc.
What that mean?
That means that you cannot set a SL or TP, which is more than 2% distant from the current market price.
That rule is meant to prevent traders from opening month-long positions with literally unlimited SL/TPs.