200 pip stop loss - 10 pip profit?

[nalawang]

if we invest our money a lot, so probably around $ 1000 dollars and you want a steady profit even if only to get no more than 20% per month then it is good we only use the leverage that the ratio 1:1000 and wear lots of 0.1% of your capital and then 1 pair only play it so that you will get results if we fold it double every month is enough, but that if you only rely on forex as a byproduct of your income,,
use a stop loss as necessary because I think lots of 0.1% then the premises will be safe once without us thinking if exposed to a large floating

[rudiandi]

I have no doubt that a bigger stop loss reduces the chances of hitting stop loss or so losing and naturally so there remain for chances of winning, so we can make profitable trades several times before hitting stop. The biggest threat remains is what if first time the little chances of stop loss work out we lose big even without earning anything, but it is forex - it is risky and we have no option but to play with risk,

[uyah]

I think you risk your account because my brother to do business like this is dangerous. Because with such a setting we need to win 20 times continuously to compensate for the loss in a single business which is very weird for me. I think it is better to trade with a small number of pips loss and a large number of pips of profit and we do that the market is stable and clear too.

[nvidia]

I think ratio risk and reward (usually I used TP and SL) is not too far away like in the title of this thread. If we made as ratio so 200 pips SL and 10 pips TP means TP : SL = 1: 20, it's too far away because normally the ratio are 1:1, 1:2, 2:1, 1:3 and 3:1. If the profit target is too few and Stop loss is too far so as overall you will lose if TP is hitted so many times (lets say 15 times) and SL is hitted once. It's not effective place to set.

[panah]

Well this is a wrong way to trade as risking 200 pips for profits of 10 pips is not a wise decision at all and this is not the right risk and reward ratio to trade with and with this kind of trading style a trader will suffer huge losses most of the times . I think the sound settings to take profit and stop loss is 1:1. that is, if you put take profit 50 pips, the stop loss should also be 50 pips. so, if you trade in a one-time experienced loss, then you simply do a one-time profit to cover losses.

[mainhard]

it can be possible to make good profit as long as you will be watching the charts.200 pips stoplose it too high and 1 loose can erase your 20 wins.and you should not open a random position just based on this set up.or the trader can test this strategy with different stoploose and take profit settings.the advice of the professionals is your TP have to be at least 2 times bigger than your SL.so that even your loose trades will be more than your wins .you will still gain profit.

[meikarta]

it is not balanced between the stop loss to take profit. if you moved your stop loss position (200 pips), would require 20 times the open trade, to restore the loss. I think, to the best ratio between tp and sl is 1:1. 10 pips profits only for 200 pips stop loss ? this statement should be wrong.i will not place this much pips for taking only 10 pips profits.because if markets turn into negative direction then i will lose every thing in trading forex.

[saqlain khan]

I have been coming across many traders with such strategy and I feel it might be a good strategy but before I trade with this strategy in real account I want to practice in demo account first and see the results and then shift to real account.

[aswat]

it can be possible to make good profit as long as you will be watching the charts.200 pips stoplose it too high and 1 loose can erase your 20 wins.and you should not open a random position just based on this set up.or the trader can test this strategy with different stoploose and take profit settings.the advice of the professionals is your TP have to be at least 2 times bigger than your SL.so that even your loose trades will be more than your wins .you will still gain profit.

[burqa]

I have trade in forex market for about six yearn now and I never see a strategy like this hh, but this is like the scalping strategies they work in the same way but its very risky, one losing trade can eat all the profits. 10 pips profits only for 200 pips stop loss ? this statement should be wrong.i will not place this much pips for taking only 10 pips profits.because if markets turn into negative direction then i will lose every thing in trading forex.