200 pip stop loss - 10 pip profit?

[iTradeFx4life]

that is playing safe and i like it that is way way that you ca make money even if the market does no move that much but what if it could happen the other way that the market falls

aesi trading bhohot hi buri risk to reward wali trading hoti hay, hum ko aesi risk to reward wali trading nae kerni chaheay, iss may agar hum ko lagataar profit bhi ho to bhi aik hi losing trade sara profit kha sakti hay.

[shahriar99]

I do not like this idea to use stop loss 200 pips and take profit 10 pips . I think it will be best to use stop loss 20 pips . But stop loss and take profit may be different according to your strategy . You can use it in demo account if you find it good then you can use it in real account .

[davi]

that is playing safe and i like it that is way way that you ca make money even if the market does no move that much but what if it could happen the other way that the market falls

[ladyheart]

Do you think it would be wise to trade with the strategy that has 10 pips target and stop loss be set at 200 pips. I think this strategy one can take advantage of forex up and down and may make profit many times before there triggering stop loss as probability of stop loss triggering is 1/20th of hitting target.

It is possible. you just need to find the right currency pair + the right time to enter your trade and you'll be making that 10pips profit every time. But ones need to sacrifices hours in order to find the 'accurate' time + pair to enter with such risk. You'll need to consider the ratio of winning vs. losing as well, because personally I think it's impossible for us to keep on winning a trade - every single time.

[naziakhan]

200 pip stop loss to kafi jayda ho jata hai, agar stop loss itna jayda rakha ja raha hai, to iska matlab us trader ke pass capital achcha hai, to fir wo take profit bhi bada rakh sakta hai, main kabhi itna jayda stop loss aur itna kam take profit nahi rakhna pasand karunga.

mery khial ma itna bada stop loss sirf long term trader hi use krtay hay .kyu k un ka tp bi kafi bada hota hay .lakin scalper kabi bi itna bada stop loss use nh kartay hay .kyu scalper high lot size use kartay hay .

[reham]

Building cash in the currency market is not an straightforward process by any means. However, due to some schooling and knowledge of the marketplace, it can become fairly straightforward to profit in the currency industry

[manav14386]

200 pip loss woi trader stop loss rakh sakta hai jiska capital kaafi achha ho,mai to generaaly small pips mein hein kaam karta hoon..mai tabi 10 pips ko prefer karunga aur apna profit le lunga..

[mutivo]

thats a very bad way of trading i mean you could lose everything in trading. take you take and 10 and make sure and understand everything in trading and make sure that you knoow where and how you make the same in trading.

[samim66]

As with any forex investment, it is risky but the reward is so incredible that you cannot pass up an opportunity not to invest in this market. Unlike the stock market, no one can predict the direction certain forex currencies will go. It is all based on real world events which influence the forex currency market. After you get enough forex training you can begin investing real money into the forex market. I would suggest starting out at something around $25.00. $25.00 can get you a long long way, in a month or two that $25.00 may turn into a few thousand dollars if you play your cards right and learn the forex system inside and out. The great thing about the forex system is that you do not need no fancy broker forex and shed hundreds of dollars on a forex system. All you need is a forex ebook and a understanding and know how of how the forex trading market works.

[Myrtis]

There are some good products out there, but they are very far few and between. The retail Forex trader who is looking to start making a profit in the market has two options: find product or signal service that can help them make money or undertake training/mentoring (which can also be costly and potentially worthless).
So, we have established that there is a lot of hype, lies and ultimately junk out there. We have also established that there are honest Forex system and service providers out there. Now what about Forex brokers?