My way of placing stop and take profit!

[Ammie]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

[tibasingh]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

hmmm very good strategy thanks dear app ne kafi achi post ki ha or waqai he es ko parrh k kafi knowledge main izafa howa ha main pehely kafi confussion ka shikar hota tha par ab kisi had tak mere knowledge main izafa howa ha

[aniket]

hmmm very good strategy thanks dear app ne kafi achi post ki ha or waqai he es ko parrh k kafi knowledge main izafa howa ha main pehely kafi confussion ka shikar hota tha par ab kisi had tak mere knowledge main izafa howa ha

[da2ng1]

its depend to pair what i choose to trading in that day, for USD/JPY i always make stop loss its 20 pips from target and make target is 15 pips, because USD/JPY movement not realy extreem.

[dog]

hai friends i want to know the method of using stop loss.how to put it and where shall i put it?putting the stop loss in correct position is very important.and some forum members told that it give loss to them and another member told that it will give profit to you.which is correct?am little confused

[atif58]

Very good information you gave us brother. I have never listen about it.
Recently i entered a sell position whose stop loss is falling on 00 level according to my analysis ( EUR/USD SL 1.3200). But now I am going to put it on 1.3210 to check the reality of your point.

[naik]

The way of placing trades correctly is very important for we traders to learn. This now means that we must learn it. If we are unable to do it, then we will not make the profits that you desired in the business of forex.

[ashwini]

00 level means open price of the day...
i am placing my stop and take profit .. with tight **** 30-35... and also follow the resistance, and support level ...

[norix]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

good opinion, than some traders must also have a difficulty in determining when to take profits stoploos how and how much. to note in my opinion is the distance do not get too close or far away:yahoo:

[ishvara]

Yes, our psychology that we have in forex currency trading can affect us to trade successfully. The placing of stop losses in our trades brings up making of more mistakes if we are taking the wrong trading decisions. We must be careful if we are setting up our TP in our trades.

[alam]

Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.

[edison]

yes it is good to put stop loss level 10 or 20 pips below or over oo level it is a good strategy yes i try your strategy in my coming trading session and
tell you in this thread how it works

[realman]

Hello Indian, I want to share with you, Wrong placement means wrong profit or lose. You have no right to take it. Because this you could not go ahead. I hope your best day. So I suggest you to take a right placement for real Forex man. It's have right to take. Also it may not give you all time profit. I can confirm you that All good trader can not earn from all trade. For that you need select a trading psychology. Which kind trade you will play. Scalping or day trading. Than you will select pair, than you will select time frame than you will select overbought and oversold market, than you will select support and resistance market, than you will select you right stop lose and take profit area. Yes take your profit or lose confidentially. I hope your best day. Again I request you Please make plan and modify day by day. You will gain sure.

[Susti]

I usually put my stop loss afew pips (usually around 5) over the resistance/support levels. That way I'm protecting myself from news breakouts and other unpredictable things that affect the market. But I am a short time trader, I usually do scalping in between the resistance/support lvls according to trends and only make long term investments when I am pretty sure of the outcome. So this is also how I protect my small time trades (where I want a profit of 10-20 pips) from costing me if or when the trend changes. I guess for long time investements you might want to put the stop loss abit further like 10 or 15 pips beyong support/resistance.

[joget]

Hello Indian, I want to share with you, Wrong placement means wrong profit or lose. You have no right to take it. Because this you could not go ahead. I hope your best day. So I suggest you to take a right placement for real Forex man. It's have right to take. Also it may not give you all time profit. I can confirm you that All good trader can not earn from all trade. For that you need select a trading psychology. Which kind trade you will play. Scalping or day trading. Than you will select pair, than you will select time frame than you will select overbought and oversold market, than you will select support and resistance market, than you will select you right stop lose and take profit area. Yes take your profit or lose confidentially. I hope your best day. Again I request you Please make plan and modify day by day. You will gain sure.

yup, your'r rigth... but how? to select the pairs and time frame, to take a right placement, to know overbought and oversold market, to take profit or cut loss confidentially like you do... would you share your successfull strategy? i wanna learn it if you don't mind... thx'u.

[niteshforex]

Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.

[Morshedul]

Thanks for sharing these. I think this strategy really helps me while i am trading. By using your advice, i think i can really earn some profits through which i can go further. But i have a problem. I never use stop loss. So i have no idea about it. Can anyone tell me what does stop loss mean?

[rahibul]

In the 15 minutes charts I thinks stop loss may 40 pips and take profit 10 pips. And others time frame as a ratio on 15 minutes charts after follow the money management rules. If any one not follow money management so they depend on their response.

[xiaotanghao]

Thank you so much that you share your strategy here.Now I wish I can share my strategy here.I usually have not got a clear about stop loss there.So when I make a order in forex,then I will just place the stop loss at 10 pips below the suppot line and target as 10 even 20 pips below the pressure line.

[maryosa]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

Real good advice for all trader but let me add to it that if place stop below or above 00 and the stop fall before next support or resistance, then also need to move it far off to stop 15 pip above major resistance or 15 pip below major support.

[twinkling star]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.
you have give the very good strategy I will follow it in my demo account, but I am unable to understand it fully, plz explain me well if you can as I am unable to understand what you want to say about 00 pips. it means not to set stop loss, am I right, explain me elaborately plzzz, I am waiting for yours reply.

[kashifrehman]

Placing a stop loss to risk less money is a good thing but point of stop loss is not a matter of mind its must be based on technical analysis, you must consider support and resistance for your position than decide your point of stop loss.

[AHMEDALEX]

I agree with you by a large margin, but sometimes the error analysis of similarities and get profit spontaneously to the trader is likely to be more greed for profits without recourse to the wisdom of trading and in the allotted time so that you can Kheruch without losses or the ratio of losses a few

[sasmita11]

Very good information you have .i have never listion about it.
recently i entered a sell psition whose stop loss is falling on 00 level according to my analysis ,but now i am going to put it on 1.3210 to check the reality of your point

[sasmita11]

Succesful traders know that no trader is 100% of the time over the long term,so they always have not only an entry price
and profit target for there trade but a also a price at which they will close out there trade should the market move against them.

[Protech]

Positioning a SL to be able to possibility less funds is a superb item nevertheless aim of SL is actually no case of mind its needs to be based about technical analysis, you need to consider support plus resistance for your individual position than choose your own point of SL.

[twinkling star]

I think 10 pips for stop loss can be easily hit, as new bie has no experience for trading usually open the wrong position then 10 pips stop loss can be easily hit soon, I think stop loss should be avoided, if you can see yours position after few minutes.

[ericnyamu]

there are all sorts of methods to use to place stop los and take profit but one thing is that we have kto use them so that we remain objectionable to the trade . making or using them after a trade has been running might cause you to be greedy and this will kill your a/c as you will want to/or hope that rice will rally more just for the price to fall taking your profits

[lights]

10 pips is too risky to be a point to stop loss or cut loss, even if it is a sideway. Usually I use 50 pips to cut loss or stop loss, according to my experience, 50 pips is safe because I use a small lot

[norix]

10 pips is too risky to be a point to stop loss or cut loss, even if it is a sideway. Usually I use 50 pips to cut loss or stop loss, according to my experience, 50 pips is safe because I use a small lot

for me to use 50 pip stop loss is too big brother, I use the SL is 30 pips in value, on average barengi system and also in adding more if we open a new position will add a lot bigger

[yogesh]

for me to use 50 pip stop loss is too big brother, I use the SL is 30 pips in value, on average barengi system and also in adding more if we open a new position will add a lot bigger

Well i dont think it will make lot difference if you have 30 pips stop or it is 50 pips but what matters is what is the reason behind setting the stop loss and why you think prices will not go beyond that. If you feel there is a good support below 10 pips there is no harm in setting at stop at 15 pips then.

[ericnyamu]

One rule for placing stops and take profit is place then where its logical and not where its convenient for you what does i mean i mean place them where you know it will allow the trade to breath and where market volatility willnot get your stop . for take profit it really depends on your trading style for scalpers its different from for swing traders

[twinkling star]

you have a great strategy on that but as a strategy all of us develop our own. for me the most effective take profit and stiop lose is using support and resistant level, with the confirmation of some handdy indicator stoplose take profit is very effective on support and resistant level.
no doubt you have very good strategy, but I thing sl should be in support and resistance levels because these levels are most importand in tradig, if we able to understand these levels then we can easily maximize ours profit soon and loss ratio will be minimum.

[mhchomsi]

i think, i want to know the method of using stop loss. how to put it and where shall i put it? and some forum members told that it give loss to them and another member told that it will give profit to you. which is correct ? am i little confused

[ermaniso2011]

using stop loose is one of the most important tool with trading.if you will place your stoploose in a wrong point then it will be useless and it will work against you.traders have to study about how to place stoploos.there are always some points that as long as we will watch carefully then we can reall gain big profit.but it is a long case we really cant explain all at here.

[narendra]

Yes your system is good. Every time is set my trade with stop lose and take profit. I think it is very good think to set stop lose and take profit. I set my stop lose and take profit with support and resistance level. But most of time is use take profit 50pips and stop lose 30pips it depend on market conditional.

[norix]

Yes your system is good. Every time is set my trade with stop lose and take profit. I think it is very good think to set stop lose and take profit. I set my stop lose and take profit with support and resistance level. But most of time is use take profit 50pips and stop lose 30pips it depend on market conditional.

we are always reminded that we was given the freedom by the broker to make a decision between the cut and cover, from there it should be fine because we use stop losses and takeproft is a strategy we reduce the risk of a major

[ericnyamu]

entry is as important as exit ans exit is as important as entry .when you are in a profitable trade those profits are just paper profits until you close the trade . but we cannot capture each and every point so its best to try as much as possible to put our tp at somewhere reasonable

[naziafarhan]

PLease explain your strategy of placing sl and tp by pictures. I think this is not too hard for posters. And for newbies like us will get a good idea from them so please post with pictures. Hoping that you will answer soon.

[girish]

good opinion, than some traders must also have a difficulty in determining when to take profits stoploos how and how much. to note in my opinion is the distance do not get too close or far away

[girish]

good opinion, than some traders must also have a difficulty in determining when to take profits stoploos how and how much. to note in my opinion is the distance do not get too close or far away

[naziafarhan]

I mainly place my stops above or below the high or low of the movements. And I think this method should be adopted by all the traders casue after moving beyond the high or low the pair may not come back to the trend.

[newentry]

it is hard to put stop loss with relevant and because if the trader put it too close with the trend then it will be touched but if they put too long and still the trend touch it then they will get some losing too big, the problem here is how to put the order with right ..so all depend to the condition and also we have to know the pair's charateristic

[trader_jambi]

placement where you will place it where you want to stop how much profit you. you can use the existing tp on his metatrader. after that you can get what benefits. Do not linger long to keep the advantage, when it cut it pretty straight.

[anoha]

A good strategy .. Do you mean by point 0 that are in fibo !!
In any case thank you to put your style in trading and I hope to always Kmtagerh profitable and more profit ......

[mita]

Succesful traders know that no trader is 100% of the time over the long term,so they always have not only an entry price
and profit target for there trade but a also a price at which they will close out there trade should the market move against them.

[gava]

Very good information you have .i have never listion about it.
recently i entered a sell psition whose stop loss is falling on 00 level according to my analysis ,but now i am going to put it on 1.3210 to check the reality of your point

[moti]

using stop loose is one of the most important tool with trading.if you will place your stoploose in a wrong point then it will be useless and it will work against you.traders have to study about how to place stoploos.there are always some points that as long as we will watch carefully then we can reall gain big profit.but it is a long case we really cant explain all at here.

[yaar]

Very good information you gave us brother. I have never listen about it.
Recently i entered a sell position whose stop loss is falling on 00 level according to my analysis ( EUR/USD SL 1.3200). But now I am going to put it on 1.3210 to check the reality of your point.

[kalponick]

I use both vertical and horizontal pivots line in my trading.. Fibonacci for drawing my vertical pivots line while I use trend line for horizontal pivots.. and both of them really works well.. price actually honored those line if you just can draw them correctly in your chart..

[wavestraders]

i always use the stop loss but i have to calculate the potential level the price will go before i set it , normally the price will retest the previous level so my sl will be above 30 pips from those level

[yaar]

we are always reminded that we was given the freedom by the broker to make a decision between the cut and cover, from there it should be fine because we use stop losses and takeproft is a strategy we reduce the risk of a major

[yaar]

for me to use 50 pip stop loss is too big brother, I use the SL is 30 pips in value, on average barengi system and also in adding more if we open a new position will add a lot bigger

[yaar]

good opinion, than some traders must also have a difficulty in determining when to take profits stoploos how and how much. to note in my opinion is the distance do not get too close or far away

[sachin]

Real good advice for all trader but let me add to it that if place stop below or above 00 and the stop fall before next support or resistance, then also need to move it far off to stop 15 pip above major resistance or 15 pip below major support.

[mahmudi]

yes I strongly agree with your review we have to learn to put take profit and stooploss so that we can consistently
usually means to place the line SL is measured by Fibo
you try to give it a try

[taufiqbd]

In my trading strategy first I determine the market position and as I'm a day trader start trading order and set take profit to 50 pips and set stop loss where we capital loss 2%. I think a trader start trading with analysis and never take big risk in particular trading.

[zoomfire]

normally i never provide stop loss but when i am away from system i provide stop loss to protect.
but i have a ratio of stop loss too.3 parts profit means 1 part of loss.

[michael]

My way of selection of points to take profit in the trade of foreign exchange. Is very clear where the selection of 30 points as to the arrest of loss rates is clear. Now trade foreign exchange required to learn this skill before entering this type of investment. But not always used the method of issuing pending order.

[silenteyes]

normally i never provide stop loss but when i am away from system i provide stop loss to protect.
but i have a ratio of stop loss too.3 parts profit means 1 part of loss.

I usually place stop loss double than my take profit. It means that if I lose a trade then I have to win 2 trades to make it break even. In using close take profit we can give ourself a good chance of winning more trades.

[songkok]

To be able to identify where the location of stop loss and take profit where the location we can identify it by identifying areas of demand and supplay. I tried to love the example with a picture so we can better understand.
http://s7.postimage.org/hwcksj3uj/s_n_d.jpg (http://postimage.org/image/ozkg8599z/full/)
image host (http://postimage.org/)

[anoha]

I am the way I put a stop loss and take profit based adoption of the kidney on the price movement and the strength of the trend and the deal is open, sometimes closed the deal before the price reaches the target in the profit and also at a loss, if confirmed, he will be up to the stop loss order. This is not a constant with me according to market movement

[songkok]

I am the way I put a stop loss and take profit based adoption of the kidney on the price movement and the strength of the trend and the deal is open, sometimes closed the deal before the price reaches the target in the profit and also at a loss, if confirmed, he will be up to the stop loss order. This is not a constant with me according to market movement

Get used to replace or menggeres stop loss from minus to +1 minimal. This will minimize the losses that would later be your responsibility. These systems often do I do although often well-known SL +1 but no time to lose and no profit, he will continue in line with what we expect.

[ashwini]

i use different method and its depend on the markets.
what i follow the candlestick first ,,i draw the horizontal line and get the level of next support and resistance.
then i chek the pivot points. after that i analysis .. which is the best place to given my stoploss and take profit. so with this.. i make the maximise profit. form the market .

[jg6073727]

this is good option but very difficult to know. only use TP and Sl. Use SL if you have a big trade never left a trade without SL. Ift cans leads you to a big loss

[rookie001]

I am sorry but I have read about this way of thinking on the internet and don't agree with it. Because from wherever you got that idea ... is dumb enough to rule out the drag of the market that it does on almost every swing, move or trend with psychological selling and buying ... leaving the place for retracement and/or correction. If banks think they wanna respond to 3200ish level, for example, I don't understand how in the world are they gonna stop the pour in selling or buying from random traders ? The price could move even 25 pips plus/minus and hit the stops ... so that is no way of speculating but people with gambling mentality do that kind of stupidity, by following some golden number or a numeral closer to their boasting. My advice would be to review your thinking about it.

[Morshedul]

I always like to use target profits, but i hardly use stop loss. To me, it seems to waste of money and nothing else. If you have a large back up, then you do not need to use any stop loss strategy. But if you have low capital and equity also, then you can use stop loss and that time it will definitely help you.

[fxquest]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

I completely agree with you because stop loss is one of the main elements of a good strategy. Many new bees tend to be setting a very low stop loss which simply leads them to loss most of the times.

[hardworks]

My way of placing stop and take profit!

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

But, i am confused. You mentioned to place stop loss. So, we may get loses only. Am i right. If we place take profit, then we may get some profits. So mention, take profit place too. Otherwise, it will be for making loses only. If i am wrong, let me to get clear.

[Nabi Ahmed Gill]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

forex trading min yahi to sub sa achi or best facility ha k haum ko itini zadai facility data ha mauja es laya ya forum boht passand ha or main es sa boht sara profit earned kar skata hoon es main ap apna order ko take profit or sop loss be used kar stakta ho agr ap ko dar ha k hama loss na ho ga to ap sotp loss ko used karana or boht sara profit earned kanra.

[fxlover]

fixing the stop loss and take profit vary from trader to trader. i use the support and resistance level to target my take profit and stop loss. pivot point is also helpful to determine it. but most of the trader hesitate to determine this.

[Maham Gill]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

trading main hum sotp loss ko or take profit ko es llaya used karta han ka haama boht sara profit earnd ho or ham loss sa batacna ka laya stop loss ka shara lata han or sotp loss ko used karta han es ay haum kafi profit earned hot ha or haum loss ha batch or profit earned karta han

[andhwrey]

i didnt have consistence SL and TP in trades,i'm prefer to put SL and TP at resistance points,and try to lowering or raising size of risk if i',m
sure what i'm guess.thats are more help for me to setting tp and Sl at orders

[Morshedul]

Target profit is really an important thing for forex trading. I think you all use target profits. If you do not take any risks and use smaller lots, then you do not need to use stop loss. Those who trades with risks and usually use higher lots can use stop loss to prevent losses.

[deathzz]

I always put the SL 50 points by using the TP by 10 points, with the hope of more quickly touched my TP before SL.
If it turns out that touched my SL, I just need to do better in the future without having to regret the loss today, :)

[najaf12345]

Hi
thanks for sharing these . I think this strategy really helps me while i am trading by using your advice i think i can really earn some profits through which i can go further
but i have a problem i never use stop loss so i have no idea about it. can anyone tell me about how we can use this on right place.

[budado]

If you don't use SL then you need to stop trading. Both in real and in demo account. First you must always have an SL even your doing scalping or doing long term trading. You always need to put SL. The only difference is that each strategy has different SL value
I think right now its better that we trade in demo account and try to experiment with SL. Not to short that you get fill all the time. Not too long that you will get MC before you SL going to have a hit. lols.

[eoneadit]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

I don't think this one is true. I read somwhere, the banks do operates a robot to trade, it's called HFT (High Frequency Trading). Very similar to robot EA, but it is develop by themself on their platform. This HFT will trade as scalping mode, so they will trade at any level up to 5 or 6 digit. Only few trader in the bank will trade by human, and may be your posting is true when forex traded by human. Because 00 number is a lot easier to remember. But with the involvement of HFT, this is not necessarly true.

[mohamedsaleh]

i really became interesting in putting stop loss and take profit . in early day for me in Forex market i didn't like putting stop loss because i make loss because of it but i now realized i was putting my stop loss in wrong market value so i began learning about it and in the end i understood my problem .

[waleedkhan]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

wasa kafi achi stretegy hai app ki aur app ka thanks yaar app na jo hai woh kafi achi post ki hai aur han is ko parah kay kafi achi knowledge hasil ho jaya ge banda ko aur is ki waja say kafi achi knowledge hasil ho jaya ge

[Kites]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

Me neither, I negotiate without Stop Loss by what I negotiated only at the points of support and resistance, just so I rule my Take Profit, and to take profit, every trader has his trading style so the number of pips will vary depending on the strategy and time frame, then you must set your number from your strategy.

[darksaimon]

each reading is set my trade with terminate retrograde and digest profit. I judge it is really respectable guess to set preclude retrogress and accept profit. I set my interrupt retrograde and use profit with validation and opposition structure. But most of instance retrograde 30pips it depend on industry conditional.

[sudsind]

Yes it is indeed a very good information, as most traders view a 00 level as psychological point usually banks and big institutions places there orders or close their orders on these physcological level, so it is better to not put our sl at physiological levels

[najaf12345]

Hi
Nice tip especially the one about the psychological level. it is very effective because most traders put their take profit at major levels. like 00 and minor
psychological level like 50. this means that they will ensure push the price to reach this level before taking profit. however your take profit
and stop loss should naturally border on your entry and risk to reward allowance.

[omofx]

i place my stop loss because i use money management at the previous high if i am selling or previous low if i am buying ,,,as for my take profit i don't set it i let it run but i trail it by 20pip

[hitesh]

we are always reminded that we was given the freedom by the broker to make a decision between the cut and cover, from there it should be fine because we use stop losses and takeproft is a strategy we reduce the risk of a major

[hitesh]

for me to use 50 pip stop loss is too big brother, I use the SL is 30 pips in value, on average barengi system and also in adding more if we open a new position will add a lot bigger

[julianambas]

all depends on how we will get the profit, if the ratio 1:2 to use your management and sl moneynya still good with only 50 pips is a good friend. for the sl is indeed expected to be not done.
so chances are very great for the price back in profits because the price will reach for a foothold or a moment to catch the take profit

[napkin]

By my way if we put the wealth of move profit for 20 points then for plosive loss we get to add 50 points statesman from the necessary profit. For EX:- If a trader activity a buy dictate in 1.31000 then the attack profit means be some than the purchasing worth, and the act loss power be 50 points food from the purchase duration.

[3mala]

Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.

[affan9011]

I am saying that substance is as fundamental as outlet ans move is as central as substance .when you are in a productive trade those profits are upright press profits until you unventilated the trade . but we cannot entrance apiece and every tangency so its best to try as such as viable to put our tp at somewhere sound

[abdul hamid p]

i think using stop loss in right price closely related with support ressistant line. it will be more accurate because the price moves fluctuatively and so difficult to prediction in sort time range. it just my opinion

[barn]

whether the opinion was the result of observation and experience during your trading? indeed if you ask me it seems like it's best

[joru]

wasa kafi achi stretegy hai app ki aur app ka thanks yaar app na jo hai woh kafi achi post ki hai aur han is ko parah kay kafi achi knowledge hasil ho jaya ge banda ko aur is ki waja say kafi achi knowledge hasil ho jaya ge

[nurivasyarifah]

almost always dala bedagang I always put astop loss and take profit to provide comfort in a trade, because if we do not memmasangnya then most likely we will experience stress when exposed to floating or upset and greedy when we get a profit
SL and TP to be very useful

[mukta]

I use stop loss and take profit both.But my stop loss is always hidden.Because most of the time stop loss in hunted.If any trade my stop loss is 50 pips than my take profit is 100 pips.I want to earn double with single risk.

[maulana]

In the 15 minutes charts I thinks stop loss may 40 pips and take profit 10 pips. And others time frame as a ratio on 15 minutes charts after follow the money management rules. If any one not follow money management so they depend on their response.

i think if you use that risk reward ratio, it will be dangerous... hit 4 time take profit will gone only with hit stop loss 1 time.... i recommend for use stop loss 15 and take profit 30... that is healthy risk reward ratio... believe me, it will be making good result...

[zizhost]

i do think making use of cease burning throughout correct price tag closely related to service resilient brand. it will likely be more precise considering that the price tag moves lucratively and so complicated to prediction throughout variety occasion selection.

[kiran]

I completely agree with you because stop loss is one of the main elements of a good strategy. Many new bees tend to be setting a very low stop loss which simply leads them to loss most of the times.

[anish]

Thank you for sharing here of your trading strategy as well as your experience . But i think placing of accurate take profit and stop loss should be set according to news analysis and currency pairs then it will be a perfect one .

[skboyra]

For any reason if you are absent from market you can mitigate your risk by placing stop loss and take profit. by this technique you can limit your profit and loss. I think maximum fifty pips and minimum twenty pips is considerable but more than or less than it would be risky.

[budado]

I ussually place my stop loss in the upper candle daily or in the lower candle daily. Forexample if daily candle are bull, I will place my stop loss below its candle and if candle is bear i will put my stop loss above this candle. this trading strategy are suitable for intraday trading.
What candle? Is their even a daily candle? You mean one candle stick in a day? So you mean your time frame will be in months? or years? Because I can't imagine that their one candle for a day in a chart. I never tried to do that or even check a chart that has a one bar candle as one day. So if you use one candle stick in one day in one year chart their will be 365 candles in their. I guess its feasible.

[ras]

stop loss and take profit is a good technique of all great traders. i also use these in trading,usually i use stop loss twice of take profit that meance ;take profit at 25 pips then stop loss at 50 pips.

[cfxsignals]

What candle? Is their even a daily candle? You mean one candle stick in a day? So you mean your time frame will be in months? or years? Because I can't imagine that their one candle for a day in a chart. I never tried to do that or even check a chart that has a one bar candle as one day. So if you use one candle stick in one day in one year chart their will be 365 candles in their. I guess its feasible.

I think that he means he has an overall stop, basically if he is bull, he is buying dips, with a stop below the daily low. If it breaks daily low, then his trade idea is invalid. Some people use this for following trends, but in consolidating markets its a loss maker.

[ayakcalysta]

I think that he means he has an overall stop, basically if he is bull, he is buying dips, with a stop below the daily low. If it breaks daily low, then his trade idea is invalid. Some people use this for following trends, but in consolidating markets its a loss maker.

if this method can be effective in us to follow the trend, then I would use this method to be able to follow the trend well. so that I get accurate information on trade in the forex business. thank you

[monkedelofi]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

The way of placing trades correctly is very important for we traders to learn. This now means that we must learn it. If we are unable to do it, then we will not make the profits that you desired in the business of forex.

[ceestech]

I mainly take my take profits depending on the amount of movement that my indicators tell me they maybe in the market.

[nurhidayah]

While placing our take profit we need to set such price which will be easily hit by market and we get our profit easily .
But stoploss should be a little difficult to be touched by market to prevent us from early loss in a possible winning trade .

losses that we had to avoid this we can use additional strategies such as hedging or injection of funds to withstand any trading process in which we live is so the future can be more consistent with the analysis that we use based on the trading plan that had been set before us with the best possible

[sammy]

wow that is a great strategy. i also heard about this and in the process i came to knoe the term stop hunt that brokers do to spot the stops in the market. i have been seeing lately that the market is acting very crazily..may be its because of stop hunt.

[fxquest]

Along with considering that stop loss should not be bigger than the target we should ensure that stop loss is set at a level which is considered strong and market is not going to reach that in normal conditions, also target should be such that is expected to hit and it should look difficult to move market much beyond that target.

[obaid2012]

I have very good information for you. I do not hear about it.
Recently I went to the sales position with a stop loss level to 00 in my analysis (EUR /USD SL 1.28) according to. But now, I am your point of 1.285, it will be tested.

[mage]

The style, which depend on them for trading on Forex, through which you select a point stop loss and take profit is an excellent way and you should not let go until you come out of each transaction to achieve a good percentage of profits from forex

[Rizwan]

hmmm very good strategy thanks dear app ne kafi achi post ki ha or waqai he es ko parrh k kafi knowledge main izafa howa ha main pehely kafi confussion ka shikar hota tha par ab kisi had tak mere knowledge main izafa howa ha

I think you have to realize the difference between HYIPs and Forex, In fact, we can't set SL in HYIPs, what we can do is waiting for profit once we make an investment, Maybe you can get some profit or lose your entire original capital if this program turn into scam. I also want to know how long you have traded in forex? and what's leverage and lot you choose when you trade in forex? If you are a beginner and trrade with long term trading, I think it is necessory for you to set SL in forex trading, After all , SL can make you minimize your losses.

[monkedelofi]

Yes, our psychology that we have in forex currency trading can affect us to trade successfully. The placing of stop losses in our trades brings up making of more mistakes if we are taking the wrong trading decisions. We must be careful if we are setting up our TP in our trades.

Yes your system is good. Every time is set my trade with stop lose and take profit. I think it is very good think to set stop lose and take profit. I set my stop lose and take profit with support and resistance level. But most of time is use take profit 50pips and stop lose 30pips it depend on market conditional.

[kajole]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.

[youssef]

Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.

[sapna]

I completely agree with you because stop loss is one of the main elements of a good strategy. Many new bees tend to be setting a very low stop loss which simply leads them to loss most of the times.

[computers]

Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.

[anish]

Placing of stop loss and take profit are very important in forex trading and specially for newbies and your strategy seems very good to me . i must try it out in demo account within very short time and then real account .thanks for sharing .

[pickmurari]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

good piece of advice and explained in a easy and understandable way. Example adds value to the explanation. This could give an oversight for people regarding stop, when and when not to apply or trade and proceed.

[hanna]

It is the important for everytrader,when and how much use we stop loss.I think it depend on the trader strategy.he/she how much use stop loss.

[ishvara]

It is the important for everytrader,when and how much use we stop loss.I think it depend on the trader strategy.he/she how much use stop loss.

Yes the stop loss and the take profit that any forex trader can take in their trades would depend on their trading strategy. The scalpers mostly trade without the stop loss because they stay in front of the computer till the end of their trading. The day traders set a few pips like 20 - 50 pips for their stop loss and 40 - 100 pips and their take profits.

[budado]

It is dependent on yours system that means trading strategy, here you do not mention that your capital.
If your capital is more, you can be possible to earn more.
It does not matter if you have more capital or less capital your SL and TP will always or must be the same. Since each pair currencies has average daily volatility. You can compute your SL and your TP in their. But if you going to trade and have big capital it does not mean that you going to put bigger SL and TP. Even if you change your lot size your SL and TP will always be the same and its only change depends on your strategy and the pair volatility.

[amero]

good way to a great extent my friend but I'm my way somewhat different in some cases, I do not do I put the stop loss order in case if you I will follow up the deal for a moment by moment and I do cooling by entering a deal in the same direction, but Lott multiplier to compensate for the loss in the first deal and also to get out on the profit and the more do I reflected on the price Balamadaafh depending on the speed of movement of the market ..

[milan]

You distribute your strategy here.Now I care I can assets my strategy here.I ordinarily know not got a fair some block sum there.So when I urinate a arrangement in Forex, then I module retribution locate the block going at 10 pips below the support destination and aim as 10 straight 20 pips beneath the pressure finish.

[aminos]

In the 15 minutes charts I thinks stop loss may 40 pips and take profit 10 pips. And others time frame as a ratio on 15 minutes charts after follow the money management rules. If any one not follow money management so they depend on their response.

[nurivasyarifah]

It is dependent on yours system that means trading strategy, here you do not mention that your capital.
If your capital is more, you can be possible to earn more.

placing stop losses and take profit for my adal a must when going into the market, but sometimes I forget it, and if there is a little greedy attitude in me then I will not put stop losses

[jahangir2812]

For virtually every explanation if you're lack of by marketplace you are able to minimize the risk by means of placing stop loss and acquire benefit. by means of this technique you are able to control the benefit and loss. I think greatest thirty five pips and bare minimum thirty pips is considerable although in excess of or less than it might be risky.

[lap]

Along with considering that stop loss should not be bigger than the target we should ensure that stop loss is set at a level which is considered strong and market is not going to reach that in normal conditions, also target should be such that is expected to hit and it should look difficult to move market much beyond that target.

[vbalan]

Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.

[vbalan]

For any reason if you are absent from market you can mitigate your risk by placing stop loss and take profit. by this technique you can limit your profit and loss. I think maximum fifty pips and minimum twenty pips is considerable but more than or less than it would be risky.

[abdellatif2013]

To define place stoploss order I use readings of indicators depending to my rules. I do not look at 00 cases or something else. Just my indicator and my rules.
I do not use my stoploss point as a enter in opposite direction. I am a trend trader and I exit trade if trade is weak. It is not a signal of reverse but just a signal of weak trend. The price can reverse here or it can move sideways, anyway I have to get out.

[masudraj]

thanks for your opinion, i think your opinion i good. i try to follow your tips, and i hope you share your others tips.

[xomes]

To define place stoploss order I use readings of indicators depending to my rules. I do not look at 00 cases or something else. Just my indicator and my rules.
I do not use my stoploss point as a enter in opposite direction. I am a trend trader and I exit trade if trade is weak. It is not a signal of reverse but just a signal of weak trend. The price can reverse here or it can move sideways, anyway I have to get out.
In any strategy of market we need good management and good strategy too, every business out there has some golden rules or requirements that one must follow in other to be successful. The effectiveness with which one applies these principle determines how successful

[mohamed2020]

i think using stop loss in right price closely related with support ressistant line. it will be more accurate because the price moves fluctuatively and so difficult to prediction in sort time range. it just my opinion

[sammy]

actually those psychological levels are a target of major players and brokers and they like to hit the level to make the weak trades wash away which is called stop hunt. so risk very less amount of money.

[sharabela]

That is quite a good thinking as it seems and sounds. I am sure you must have been trying it for a long time and the result is proved. I will have a go on my demo account and find out how that works for me.

[sazzad]

According to my analysis i think that giving stop loss and take profit is depend on the trader account balance, lot size of the trade and also pair in-case of the EURUSD pair if a trader give trade with 0.05 lot size with 50 dollar account balance then the trader can give 50 pips stop loss and 30 pips take profit.

[ahsankhan]

good opinion than some traders must also have a difficulty in determining when to take profits stop loss how and how much to note in my opinion is the distance do not get too close or far away...

[kalponick]

I use fibonacci and trendline to draw the support and resistance level for that day.. and I execute my trades according to it.. Like I open my trade when I saw that price pullback from a major pivot points.. And I also give my stop-loss and take profit with the help of my pivot points.. because there is always a chance that price will reverse again from those points..

[goldenmember]

I think that is a nice way of placing a stop. I think that the 00 level always gets hit if it gets close. The problem is that if it goes through it normally takes all the stops under that level as well.

[tenma]

hmmm very good strategy thanks dear app ne kafi achi post ki ha or waqai he es ko parrh k kafi knowledge main izafa howa ha main pehely kafi confussion ka shikar hota tha par ab kisi had tak mere knowledge main izafa howa ha

the coupling depends on what I choose to bargain, in that day for USD / JPY I always stop loss 20 pips of its targets and make target is 15 pips, because USD / JPY movement not really extreem.

[nonprado]

Very good information you gave us brother. I have never listen about it.
Recently i entered a sell position whose stop loss is falling on 00 level according to my analysis ( EUR/USD SL 1.3200). But now I am going to put it on 1.3210 to check the reality of your point.

the coupling depends on what I choose to bargain, in that day for USD / JPY I always stop loss 20 pips of its targets and make target is 15 pips, because USD / JPY movement not really extreem

[hmkowsar]

if you can do above 10 pips then its better but not below it ,in the opposite plane your target at 00 level becsuse it will most likely be hit.

[leshvein]

Very good information you gave us brother. I have never listen about it.
Recently i entered a sell position whose stop loss is falling on 00 level according to my analysis ( EUR/USD SL 1.3200). But now I am going to put it on 1.3210 to check the reality of your point.

Nice tips, especially on a psychological level. It is very effective because most traders are taking profits at significant levels, and 00 as minor psychological levels as 50

[marjuck]

i do not place stop loss but place the take profit. the target is vary from currency to currency. for gbpusd my average target is fifteen pips, for eurusd thirty pips and for usdjpy my target is average ten pips. this is my style in trading. maximum time it's work positively and make me happy.

[kavita]

what is profit or loss nothing its depends upon the experience and not to take decision on the pressure of the market and emotions its depends upon the availability of money and how much money transfer from one trade to another kept in mind this is in your hand when u take decision investment and it is necessary for u take right decision at the right time and market trend not our expectation

[abbey ak]

alright thanks for your strategy shearing i know this will surely go a very long way in the forum for the newbies but i know i will like to suggest to the newbies that the best way to identify a losing trade is when you are losing about 30 pips against your direction so i think 30 pips is very much okay to be use as a stop lose

[nitshar]

hmm. good info you gave here bro. Though I've read this 00 psycology before but I couldn't find any use of it. I'll try it and hope I'll make some profit.

That means also, that putting my SL at a difference of 10 points from 00 levels but would it be better to put the tp at 00 level to make it hit more likely.

[mcceducation]

very good information about the stop loss and take profit select, i think if the trader are accept you say hope its give they very good result. the stop loss is very important for the trader, because its protect our current account if the market move out of our favor.

[chama]

i used to put stop loss and take profit in any trade i opend to keep the my capital safe , the point i put stop loss at the closer support of the pair

[digital]

You make a good strategy. But I think a trader should set his take profit or, stop loss by his ability and strategy. Your strategy is also good for beginners.

[esif]

My way of placing stop and take profit!
you talked about a good techniques to safe guard our stop losses, and i agree to you, 00 level has definitely an importance psychologically, so i will say that one can also place a stop loss behind the major fibo level.

[greenroad]

Great details an individual provided us all buddy. We have by no means hear regarding it.
I just came into any promote place whoever quit damage will be dropping about 00 stage in accordance with my own examination (EUR/USD SL 1. 3200). Yet today My goal is to wear it 1. 3210 to test the fact of one's level.

[suhasrn]

Thanks for the above information ! Very Informative ! Its also depends on which currency pair you choose !

[ishvara]

Every forex trader should know that money management is the way to trade forex and succeed in it. In earnest, we need to use the risk reward ratio at all times to set our stop loss and take profits. 1 : 2 or 1 : 3 is the best risk reward ratio in accordance with our trading method.

[ishvara]

my methode of placing the take profit and stop loss depend on my technikal analyses if im sur of my analyse i alsow trace a long take profit and stop loss

yes the analysis that a forex trader is performing decides the amount of stop loss and take profits they set in pips. I think that doing this enables us to execute our forex exchange trading plans effectively and make us have the chances of making better trading results.

[emir]

Without knowledge of risk management, we often see traders that are too long to hold the position of floating loss, but when the position of floating profit, they rush to close the position. As a result, the starting position should profit ended tragically in a state of loss. Therefore, before we entered the trade, we must consider carefully how we determine the amount of loss, and how much profit we get. For that we need to determine how the ratio of Stop Loss and Take Profit will we get on each open position.

[wending]

I am very glad to enjoy your strategy on placing a stop loss and take profit.Now I think my strategy can be a better one.You see,we usually can check the support line and resistance line easily.With these,we can place a stop loss 10 pips under the support line,and a target 10 pips under the resistance line.

[abbey ak]

alright thanks very much for your vital information and i think i will have to give it a try and see how far i can go in making use of your analysis and see the very best way this can go in my favor and in case i need more information i shall get back to you and i just hope this will go a very long way in given me the number of pips i really wanted

[monsterzz]

placing SL and TP by 40 by 10-15 is the most often I do, I use a smaller TP so fast and moved quickly closed the open position. If you do not use TP and SL will be very harmful to your account, because price movements are very fast when we are trading.

[cresteden]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

I totally agree with you there are indeed occasions where after placing an order including Take profit and stop Loss parameter there might be possible retracement as against your predicted direction and it just it hits your Stop out level especially with 00 points senarios and takes you off the market before finally going your direction. It is so annoying!

[BaHaaFxTr]

Good point u mentioned that the prices with 00 and 5 is very important of physiology of the trader so all i do the i put my limit order under that prices and my stop loss above it ti make aware of it but, Unforgettably i learned that after some losses cause i missed that thank you.

[FREEDOM]

Usually i put stop lost 12 pips above or below previous candle. We should consider about broker spread too, because it is including in our counting. Sometime we will miss our order without including the spread and this several times happened to me.

[Smith89]

i always risk 5% of my equity and i look for 2% of profit, because it is easy to calculate the trading option and it makes more favorable.. the main thing that matters is we should keep on looking for more profit and make more favorable profits later

[rimsha ali]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

this is nice post for me too kyn key mai beginner hu or abhi learning ki field mai hi hu or day by day demo account par work kar key apny mind ko real live account key leay prepare kar rahi hu...
is tarha ki threads waqai begginers or seniors dono key leay boht knowledge ka kaam karty hai...
keep posting,
i wish all traders happy trading...

[goldenmember]

I think if you are looking for a place to put a stop loss then you should be placing a stop loss at about 20-30 pips away from your entry. If it has gone out of your order then it is likely that it is knocked out. Its easy to say, but harder to do.

[AJAY]

haan mere khyal se ye bohot important he forex trading market me stop loss aur take profit ka, hum ise trading ke time use kerte he ek good profit earn kerne ke liye,iske bina humara trading adhura reh jata he.

[FREEDOM]

I think if you are looking for a place to put a stop loss then you should be placing a stop loss at about 20-30 pips away from your entry. If it has gone out of your order then it is likely that it is knocked out. Its easy to say, but harder to do.
Hmmm, i think it is still risky to put on that amount of pips, bro. At least we need 35 pips stop lost and 70 pips take profit target.
If our margin is strong then we can apply 50 pips or 100 pips as our stop lost. when we put less stop lost then it will become premature stop lost before hit our target.

[abbey ak]

well thanks very much i think am really having problem on the very best point to place the stop lose in my trading but with your full understanding i think i can really know the very best way to go about making use of how to make use of my stop lose all day and i think the support and resistance can also go a very long way also

[Forex_Fighter]

ya the best i have ever seen , on my self i always use a stop based on the nearest support or resistance , above the resis. with 5 - 8 pips and below the support with so
and may use moving 200 on identifying this also
but always keep a 1:2 or 1:3 loss :target ratio
as if i got a 30 stop put my target to 60 - 80 pips
in case of losing 2 trades , only wining one will recover my loss or at least will be 0 loss win

[skyonline7866]

some forum members told that it give loss to them and another member told that it will give profit to you.which is correct. to note in my opinion is the distance do not get too close or far away.If we are unable to do it, then we will not make the profits that you desired in the business of forex.

[mithunsarkar]

Hi everybody have been live forex for 1 month In using mace, stochastic, risk & turn end to place my arrange.

Every time when open a trade will use spin around tip as my confrontation & hold up line. for illustration...

when the outlay is in connecting R2 & R1, I will position my stop loss generally 10 pips above R2 & take income above R1& my difficulty set my discontinue defeat pips senior than take profit. So I was wonder is there any improved way to put my discontinue loss? Because i interpret some books, they mention the take income must be twice up of stop loss, merely then it will think as an effectual trade. If i put my stop defeat too low.my trade will be shut by the out of order cost tendency.

[scavi]

I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit.

[nilanjan]

Using stop loses is one of the most important tool with trading. If you will place your stop loss in a wrong point then it will be useless and it will work against you. Traders have to study about how to place stop loss. There are always some points that as long as we will watch carefully then we can real gain big profit. But it is a long case we really can't explain all at here.

[adnanhm]

i think we should use trailing stop for that and we must let our profit to run ... so that in this way we can have big move which can cover all of our losses ... so try to find big move to making good profit

[kazim]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

stop loss and take profit ak boht he ahci or best strategy ha trading maine joo trader trading maine stop loss or take profit ko used karta ha wo boht he ahci or best trading karta ha wo es ka sath sath apna emoiton ko be control kar sakta ha esi waja sa stop loss or take profit kafi best or achi strategy ha.

[cepik]

Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.

[jimloveski]

I always put stop loss just above/ below nearest resistance/ support. My take profit is counted by measuring a distance between entry and SL. It gives me good risk/reward ratio. I never trade with bigger risk / reward ratio then 1/2

[genjer fx]

yes, thank you very much and strategy very well and you are passionate about and I think we should put a stop loss and take profit in this way and I think the take profit and stop loss is very important in your trading. Her usual I put 10 pips to take profit and stop loss 50 pips lo me whenever trade.

[ebonizim]

hmmm very good strategy thanks dear app ne kafi achi post ki ha or waqai he es ko parrh k kafi knowledge main izafa howa ha main pehely kafi confussion ka shikar hota tha par ab kisi had tak mere knowledge main izafa howa ha


The first FX trading strategies will be to teach the main currencies. These dominant currencies are the most traded pairs of money.

[pro2]

stop loss can protect our account balance it is true.but using stoploss unwisely can harm as well.it can deprive you from getting profit as well.sometimes the market makes an uturn and if your stop loss close your position before that then you are a loser.so i never use stop loss in a tight position.and i never use it at the time of opening position .i just observe the market trend and if i feel that it is necessary only then i modify my order using stop loss and take profit

[dareking]

stop loss and take profit ak boht he ahci or best strategy ha trading maine joo trader trading maine stop loss or take profit ko used karta ha wo boht he ahci or best trading karta ha wo es ka sath sath apna emoiton ko be control kar sakta ha esi waja sa stop loss or take profit kafi best or achi strategy ha.

bhai trader ko stop loss aur take profit ka use kafi carefully karna chahiye, kyun ki stop loss lagane ka sahi point ka pata hona bahut jaruri hota hai, wrong side par agar stop loss lagate hai, to jaldi hi hit karne ke chance hote hai.

[mohsin15]

i always trade trend wise and never place stop loss because i only use 5% margin and i will make average after 50 pips loss and close that trading in profit

[jubel200]

PLEASE explain your strategy of placing sl and tp by picture .i think this is not too hard for posters.and for newbie like us will get a good idea from them so please post with pictures. Hoping that you will answer soon.

[naziakhan]

i always trade trend wise and never place stop loss because i only use 5% margin and i will make average after 50 pips loss and close that trading in profit

i think it is not a good way to trade in forex market .you should place stop loss in your trades .if you do not use stop loss then soon you will receive margin call and you have to leave forex market .:)

[faruk339]

Much of this original conception of the genre is still alive whenever a short joke is told to make a certain humorous point in everyday conversation. The longer exploits left the sphere of oral traditions with the arrival of the printing press.

[gretongan]

Placing a stop loss to risk less money is a good thing but point of stop loss is not a matter of mind its must be based on technical analysis, you must consider support and resistance for your position than decide your point of stop loss. and you can survive easy business forex market :)

[kash]

here in the forex business we need the better thing to use it because you know this thing it is very risky business so here you need the stop loss and the take profit to make your trade best so we use it the stop loss when we gone in big loss and take profit we use for make the big profit how many we want

[rashedul]

Respectable tips, especially the one most the psychological raze. It is really impressive because most traders put their decide profits at starring levels same 00 and pardonable psychological levels same 50. This implementation that they leave insure pushing the cost to contact this layer before attractive acquire. However your see clear and stay sum should course adjoin on your entry and peril to approving disagreement.

[jogoroni]

i do think making use of stop losing throughout appropriate cost tag carefully relevant to support strong product. it will likely be more accurate considering that the cost tag goes lucratively and so complex to forecast throughout wide range event choice.

[Raja Ahsan Saleem]

it is very good stratigy i like it very much most people dont follow it , but i follow it most of the time and try to make my risk more and profit more but i have to w8 also for this to make profit and of course some time it make me loss but mostly average of profit in my trade.

[munna khan]

It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit.

[mudassar004]

The high amounts of leverage commonly found in the forex market can offer investors the potential to make big gains, but also to suffer large losses. For this reason, investors should employ an effective trading strategy that includes both stop and limit orders to manage their positions.

[sundari]

In the 15 minutes charts I thinks stop loss may 40 pips and take profit 10 pips. And others time frame as a ratio on 15 minutes charts after follow the money management rules. If any one not follow money management so they depend on their response

[dareking]

i think it is not a good way to trade in forex market .you should place stop loss in your trades .if you do not use stop loss then soon you will receive margin call and you have to leave forex market .:)

bhai ye baat sahi kahi aapne, agar koi trader stop loss nahi use nahi karta hai, to usko margin call lagne se koi nahi rok sakta hai, stop loss hi aisa tool hai, jo hume margin call se bachata hai, aur aage bhi trade karne ko milta hai.:)

[angle]

i am not really sure of the stop loss as much as the take profite reason being the i do not know the best possion to place a stop loss but a really the best to use in take profites.

[bisifentus]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.
I am so grieved when traders thinks that they are good when luck is actually working for them. I think that if a trader wants to place a reasonable stop loss and take profit, it is either using a previous lows or highs, or pivot points or Fibonacci etc, If you think that a place is psychology, it might just surprise you to hit it and continue or hit it and bounces back.

[adnan10076]

bhai ye baat sahi kahi aapne, agar koi trader stop loss nahi use nahi karta hai, to usko margin call lagne se koi nahi rok sakta hai, stop loss hi aisa tool hai, jo hume margin call se bachata hai, aur aage bhi trade karne ko milta hai.:)

sahi kha margin call jub kisi bhi trader ko aati hai us time kafi tention crat hoti hai aur ye call tub hi aati hai jub koi bhi trader stop loss use nhi krta aur forex ko gambling ki trha use krta hai . forex main ye chota sa tool take profit aur stop loss ye bohat hi eham hai.

[manav14386]

bhai ye baat sahi kahi aapne, agar koi trader stop loss nahi use nahi karta hai, to usko margin call lagne se koi nahi rok sakta hai, stop loss hi aisa tool hai, jo hume margin call se bachata hai, aur aage bhi trade karne ko milta hai.:)

aapne ekdum thik kaha stop loss ka forex trading mei bahut jada jaroorat hai..trader poori tarah se safe hai stop loss ki wajah se..margin call sirf stop loss se bachta hai..aur hum sabko stop loss jaroor use karna chahiye..

[naziakhan]

aapne ekdum thik kaha stop loss ka forex trading mei bahut jada jaroorat hai..trader poori tarah se safe hai stop loss ki wajah se..margin call sirf stop loss se bachta hai..aur hum sabko stop loss jaroor use karna chahiye..

stop loss is very important tools for forex trader and if you do not use it in your trades then your all account is in risk and you can receive margin call any time that is why i always prefer that always use stop loss in your trades .:)

[sulasih]

Hello Indian, I want to share with you, Wrong placement means wrong profit or lose. You have no right to take it. Because this you could not go ahead. I hope your best day. So I suggest you to take a right placement for real Forex man. It's have right to take. Also it may not give you all time profit. I can confirm you that All good trader can not earn from all trade. For that you need select a trading psychology. Which kind trade you will play. Scalping or day trading. Than you will select pair, than you will select time frame than you will select overbought and oversold market, than you will select support and resistance market, than you will select you right stop lose and take profit area. Yes take your profit or lose confidentially. I hope your best day. Again I request you Please make plan and modify day by day. You will gain sure.
:)

[vickymughal]

it is good way and for me I put stop loss under 4h candle on time frame 4h if the candle close over or below the moving average indicator where the moving average value differ from one currency to another

[hossam_a22]

By varying the period length, the Aroon indicator can give long term indications of trend or short-term indications of trend. By default, the Aroon indicator is 25-periods (shown in the chart above), but a shorter time frame could be 10-periods.

[infoworld]

hmmm very good strategy thanks dear app ne kafi achi post ki ha or waqai he es ko parrh k kafi knowledge main izafa howa ha main pehely kafi confussion ka shikar hota tha par ab kisi had tak mere knowledge main izafa howa ha

We need to practice this strategy on different pairs to be able to know which pairs will work well as it is not all pairs that will follow this simple and effective strategy and then following it with discipline and good trading plan can really give a good result

[abbey ak]

that is very nice i think i have to practice this in my demo trading to know how to place the stop and take profit and i will like to advise all traders to risk only the amount they know they can afford to lose in the forex market thats what i think

[nabila]

i require to jazz the method of using halt going.how to put it and where shall i put it?swing the conclusion departure in straight part is really measurable.and both installation members told that it break departure to them and added member told that it give lot realize to you.

[jokojono]

How to trade place with really very important for us traders to learn. This now means that we have to learn it. If we do not do that, then we will not make the profit you want in the forex business. stop loss will reduce your stress level, and will affect your trading style next

[kianbunsen]

Until my profit remain in my account i think that they remain on the risk. In fact every trader need separte technique to protect the profits.

Profit by mistke is not a profit at all and you cannot earn with conistancy in this way. You have to develop some good system to earn with consistancy.

[suhermanto]

Succesful traders know that no trader is 100% of the time over the long term,so they always have not only an entry price
and profit target for there trade but a also a price at which they will close out there trade should the market move against them.

[edywaluyo]

placement of stop loss and target is very important, every trader's stop loss placement varies depending on the system used. There are 30 pips, 50 pips is 100 pips. but why stop loss is always greater than the profit targets to be achieved. because we are afraid of the loss, I often experience this, but if we really analyze the sometimes sorry to open are already in close while prices are still far stepped suit our open. how to deal with this sort of thing. ask his advice

[rokib]

Some traders want tight stop in order to limit their loses, and some newbies position their stop place is wrong, making it vulnerable of getting hit. Need to understand take profit and stop loss for forex trading success. Placement of stop should not be looked as negative things, setting proper stop in one's trade will give our trade enough to make it profitable.

[margono]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.
I will stop trading when I benefit. I'm not going to earn big profits and stop trading. but I will do or stop when I've got the advantage even though the results slightly.

[reazforex]

The means associated with striking trades properly can be particularly valuable with regard to we trader to educate. This particular right now denotes that we ought to know this. When we can't complete this can, next we tend to will not help make your money that you simply desired under the privilege associated with Forex.

[Md. Mominul Islam]

Putting deals properly is very essential for we investors to understand. This now indicates that we must understand it. If we cannot do it, then we will not create the earnings that you preferred in the company of currency trading.

[nurivasyarifah]

yuppz,,, so true because I've had this thing that is missing most of the capital I have invested everything just because I think to not give stoploss when exposed to floating a lot because I think that every other week pastin prices will return to price I entered earlier, hufffft messed everything

:( :(

[baned tak hajar]

I agree with you by a large margin, but sometimes the error analysis of similarities and get profit spontaneously to the trader is likely to be more greed for profits without recourse to the wisdom of trading and in the allotted time so that you can Kheruch without losses or the ratio of losses a few

:D waaawwwwwwwyeeaahh

[oreoluwa]

alright thanks very much for you time taken to give out this strategy on how to trade with stop lose but if you don't mind a clear picture on this strategy can go a very long way in the understanding of this strategy i hope you can get back to the forum

[shunu]

in this business the stop loss and take profit is very important for your trading because bro the stop loss is use for save from the big losses and the margin call and take profit use for to make the better profit from here how many we want

[alam847]

I am using stop loss take profit both. But my stop loss is always hidden. Because most of the time stop loss in hunted. If any trade my stop loss is 50 pips than my take profit is 100 pips.

[numanpsc11]

Most of the time stop loss in hunted, if any trader my stop loss is 50 pips and take profit 100 pips. *I want to earn double with single risk.

[asmakhatun]

its depend to pair what i take to trading in that day, for US/JOY i ever achieve occlusive loss its 20 pips from point and neaten spot is 15 pips, because US/JOY defecation not relay extreme.

[pyardilforex]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

my trick places stoploss is 30 pips and takeprofit 120 pips but way this experience failing on me, I will try again with arrangement a new one, which is stoploss 100 pips whereas takeprofit 10 30 pips. I perceive this will better

[dartofx]

I put a trade correctly is very important for us traders to learn. This now means that we have to learn it. If we do not do that, then we will not make the profit you want in the forex business.

[abbey ak]

alright thanks very much for your time taken to give out the best way to trade based on how to set stop lose and take profit and i just have to give it a try to know the best way to make use of it in the market

[fxrock200]

Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.

[runu]

its depend to pair what i take to trading in that day, for US/JOY i always accomplish block amount its 20 pips from spot and wee aim is 15 pips, because US/JOY defecation not relay extreme.

[mediafxx]

Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.
psychological in every trade, use and need risk and reward and will get educated psychological management, use with psychological and analyse and make small risk in capital that will get benefit and make capital will get reward in every trade

---------- Post added at 01:49 PM ---------- Previous post was at 01:46 PM ----------


Nice tips, especially the one about the psychological level. It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit. However your take profit and stop loss should naturally border on your entry and risk to reward allowance.
psychological in every trade, use and need risk and reward and will get educated psychological management, use with psychological and analyse and make small risk in capital that will get benefit and make capital will get reward in every trade

[vikasudasi]

is difficult to place a stop loss if and when the dealer put it very close to the trend, then you will be affected, but if it gets too long, and even a touch of trend, then you lose a little too much, the problem Here is how to get the correct order .. it all depends on the condition, and we need to know this feature pair

[Chuotcon]

next we tend to will not help make your money that you simply desire the privileges associated with foreign exchange .... When we are not able to complete this can be ... Rights specific in indicating that we should know this ... This means that the link with prominent industry can properly be particularly valuable for us to educate traders.

[kaushal4]

I have invested everything just because i think do not give stop loss when exposed to floating a lot.If you don't mind a clear picture on this strategy can go a very long way in the understanding of this strategy i hope you can get back to the forum. I think greatest thirty five pips and bare minimum thirty pips is considerable although in excess of or less than it might be risky.

[khiran]

hmmm very good strategy thanks dear app ne kafi achi post ki ha or waqai he es ko parrh k kafi knowledge main izafa howa ha main pehely kafi confussion ka shikar hota tha par ab kisi had tak mere knowledge main izafa howa ha

[kang portal]

good strategy
for me myself i use support-resistance or fibbo line for placing take profit point
it is simple, easy and very powerfull but i have take few point from the line to make sure that my TP point will get closed
but i think this important because we not 24 hours in front of pc

[malhi]

if you stop your loss and take the profits then your luck good and strong must and your planning for forex trading is also important for take profits.

[combrofx]

I usually put my stop loss afew pips (usually around 5) over the resistance/support levels. That way I'm protecting myself from news breakouts and other unpredictable things that affect the market. But I am a short time trader, I usually do scalping in between the resistance/support lvls according to trends and only make long term investments when I am pretty sure of the outcome. So this is also how I protect my small time trades (where I want a profit of 10-20 pips) from costing me if or when the trend changes. I guess for long time investements you might want to put the stop loss abit further like 10 or 15 pips beyong support/resistance.

I agree with your strategy. because somehow there must be trading risk and reward as traditional trade.
I myself use the risk and reward ratio of 3% and 5-10% risk reward.

[hopanais]

I completely agree with you because stop loss is one of the main elements of a good strategy. Many new bees tend to be setting a very low stop loss which simply leads them to loss most of the times.

[malik]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.
Bhai aap nain bohot achee bat share ki hay main nain bhi bohot zayada dafa experience kiya hay kay 00 par price aik khass behavior show kartee hay, 00 say ya to reverse ho jatee hay ya phir aik spike bna kar agay move kar jatee hay.

[dareking]

Bhai aap nain bohot achee bat share ki hay main nain bhi bohot zayada dafa experience kiya hay kay 00 par price aik khass behavior show kartee hay, 00 say ya to reverse ho jatee hay ya phir aik spike bna kar agay move kar jatee hay.

haan bhai kuch level aise hote hai, jaha par aksar price aa kar ruk jate hai, 00, 20, 50, 80 in sabhi price par market jab bhi aata hai, to waha par aakar kafi ajeeb sa behavior karte hai, uper niche hota rahta hai, trader in level par price breakout hone ka wait karte hai, jisse humko kuch pips gain ho sake.

[wasimanjum]

hr trading krnay walay ki apni ik soch hai jis ki waja sa wo ye daikhta hai k us ko kb apna business bnd kr daina chahaye us k liay ye best hai k wo apna ik target rkay jis ma us ka target pura ho jay to wo trading bnd k r day

[perubahan_kita]

This is the forex
we have to understand when we are in and out

[adnan10076]

hr trading krnay walay ki apni ik soch hai jis ki waja sa wo ye daikhta hai k us ko kb apna business bnd kr daina chahaye us k liay ye best hai k wo apna ik target rkay jis ma us ka target pura ho jay to wo trading bnd k r day

aap ki bt sahi hai aur her tradr ko aise hi money management krna ho ga. aur apni her trader order mai stop loss aur take profit ka use krna ho ga. aur target set kr k trade krna bohat hi achi bt hai kiyu discipline
k sath koi bhi work kiya jaye us ka faida hi hota hai.

[fxearner]

hr trading krnay walay ki apni ik soch hai jis ki waja sa wo ye daikhta hai k us ko kb apna business bnd kr daina chahaye us k liay ye best hai k wo apna ik target rkay jis ma us ka target pura ho jay to wo trading bnd k r day

hanji aapki baat bilkul thik hai aur traders ko bhi apni har ek trade mein apni strategy aur capital ko achhe se manage karke stop loss aur take profit point laga dena chahiye aur apne target se stick rehna chahiye..

[nimohit]

I think that is a nice way of placing a stop. I think that the 00 level always gets hit if it gets close. The problem is that if it goes through it normally takes all the stops under that level as well.

[wooglejobs]

main to sab traders ko yehi suggestion dunga ke stop loss ka istimal na karen kiun ke main ne to jab bi stop loss lagaya hai meri lots stop loss me hi close hui hain agr lagana hai to take profit laga lia karen kiun meri har lots profit me hi close hoti hain.

[dareking]

main to sab traders ko yehi suggestion dunga ke stop loss ka istimal na karen kiun ke main ne to jab bi stop loss lagaya hai meri lots stop loss me hi close hui hain agr lagana hai to take profit laga lia karen kiun meri har lots profit me hi close hoti hain.

bhai main ye batana chahunga ki agar stop loss aapne nahi lagaya hota, to dekho kitna jayda loss aapka ho sakta tha, shayad account blow bhi ho jata, agar aapke pass 1000 pips ka back up hai, to main kahunga stop loss na lagayae.

[Jack]

Dekhiye jab bhi koi khas news ya European bank ke adhikari jaise ke draghi ki speech hone wali ho aur ushi waqt apne trade open kar liya hai aur apke trade ke opposite me market ja raha ho to ush waqt apko stop loss 10 se 30 pips se jyada nahi rakhana chahiye nahi to loss bada ho sakta hai.

[get2ilyas]

Bahi mujay bee kafi idea hai loss kaa pahlay may bee stop loss use nahee kartaa thaa.jaab may market may loss karna sharoo keya tab mujay stop loss kee important kaa pataa chalaa.kay ketnaa zaroore hoota hai.aap kaa ketnaa baraa account keu naa hoo.aap koo Stop loss laazme use karnaa chayi.may nay stop loss use naa kar kay apnay 5000$ kaa loss keya thaa.phar mujay ess ke importans kaa pataa chalaa.

[fxearner]

main to sab traders ko yehi suggestion dunga ke stop loss ka istimal na karen kiun ke main ne to jab bi stop loss lagaya hai meri lots stop loss me hi close hui hain agr lagana hai to take profit laga lia karen kiun meri har lots profit me hi close hoti hain.

bhai mai aisa nahi maanta mera maana hai hume har ek trade mein stop loss tou lagana hei chahiye,stop loss se hamara account poori tarah safe hai agar humara capital kaafi ho tou fir hum stop loss ko avoid kar sakte hai,nahi tou stop loss is very important in our trade..

[angle]

the take profit we use it to make money in the simplest way possible in order that it will do the work for us if at all we are not ready but a stop loose on the hand we use it to protect our accout from being wiped out.

[datorik]

I think if you are looking for a place to put a stop loss then you should be placing a stop loss at about 20-30 pips away from your entry. If it has gone out of your order then it is likely that it is knocked out. Its easy to say, but harder to do.