main to scalping trading karta hu or mere take profit bi 6-8pips hi rahta hai.
main jydatar trade bina stop loss set kiye hi trade karta hu bas unme take profit hi set karta hu.
main ne ab tak ye dekha hai ki agar ham ache time par trade kholte hai to take profit hit ho hi jaata hai.
I use proper indicators like fib to determine stop loss and take profits but i usually put stop loss of 30 and take profits of 60 as forex is volatility and doing better analysis we can easily get to that level.
i can not make it as my permanent point to keep stop loss , because i have to know the market condition before i have to put it and sometimes i do not use stop loss too, i just used hedging or cut loss..
but to put stop loss need good ability then we can make it relevant for balance..
i seldom used stop loss, i just used take profit for my trading , and all can be happen with automatically and it means that i have to see the real condition of the market and then i can adjust my setting and make it relevant..
and besides it if iwant to put stop loss, i have to use the same way with using TP...cut loss is good too and also hedging can lock some losing and we still have chances to make losing become profit
I mostly choose my oder only after analyzing the trends. I trade with 50 pips stop loss and unlimited pips of take profits. I don't usually place take profit as I keep constant eyes upon the trade and close the position soon as I think the profits are enough for me.
dekhain gi main app ko sahi bat batoun main jo houn na main kabhi bhi stop loss lagata he nahi hounkioun k mera itna barra dil nahi ha k main apna loss bardasht karoun han ye bardaasht kar loun ga k sara account balnce chala jaye par apne hatoun se loss mugh ko bardasht nahi hota ha es liye main to stoploss use he nahi karta hounQuote:
Originally Posted by Jazpa
SL and TP that I use is very dependent on market conditions at that particular moment. Sometimes I use a 50, sometimes 200. I base it on a daily support and resistance calculations. More specifically, it is based on the calculation of Fibonacci levels.Quote:
Originally Posted by Jazpa
This reasonable rate, the rate of profit and loss 2:1 These are the most important principles of capital management correctly, and this also depends on the value of the amount of deposit, and also depends on the strategy pursued by each person
I mostly prefer my order exclusive after analyzing the trends. I change with 50 pips place deprivation and limitless pips of interpret profits. I don't usually square determine vantage as I fastness unflagging eyes upon the switch and finis the orientation soon as I judge the profits are enough for me.
some traders have their won setting to set their stop loss and make it relevant with their calculation, and there are many ways for it, and i meant that you have already known about it, but before we put the SL then we have to put the order at the right track then we do not need to hold floating minus too big, and also it is bad if SL is always touched by the market because put the order at the wrong place and time