as far as I know the stop loss with a margin of 25 pips is still too low I always use a stop loss at 80 pips whereas I use with take profit margin of 80 pips. Limit the risks better than we've always hoped to a position that was clear in the wrong position. Like people said, cut your losses tightly, and let your profit run over the chart.
forex is risky but profitble.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.forex is works time be carefully to stop loss..
I think at the time it helps us open positions using stop losses, and do not use a stop profit, because we would be very difficult to know about, when the price movement will stop. so it is still possible to add profit.
hi member i usually do not use any stop loss order because i watch market all the day long i do not close my order either they go in -70 dollars because i know that market will come to that point where it was either it goes up or goes really down. and i set my take profit likely your 50 pips.
I've already put the stop loss in each open position and a cut loss order .we are going to change then its can accept that change if EA is running.we must close position not open other position in same pair till you analysis not allow to trade.
I am forever trade with stop loss and therefore the stop loss is concerning 30 pips and profit is 50 to firmly 60 purpose. I am forever purchase at oversold zone and sell at over ought.
In my view, must be trade should be done in the discipline. By managing money can be safely all trades, I use 40 point stop loss in extent and 15 to 30 points in profit with an average lot size. That gives me enough points.
healed when i opened any exchange than best i operation succeeding agree and opposition. i put my quit death nearer to these levels.
if hold and opposition levels are too shrilling then i select my money management rules. i use 2:1 risk & learn ratio.
disrupt amount is 200pips then my tp is 100pips..
thanks to share your experience i think both take profit and stop loss are important so if we do analysis then we don't find any ratio between the stop loss and take profit, as we know that price reach this level then we will place some 50-11 pips as stop loss from the entry position.
I've already put the stop loss in each open position and a cut loss order if my total capital is reaching the limit that i setups. While for profit i'm usually take the 1:2 ratio for loss and profit, so if i'm setup a 20pip loss, then my profit will be at 40 pips.I keep constant eyes upon the trade and close the position soon as I think the profits are enough for me.