Loosing in our first trading activity will give us good experience to be more carefull when we entry forex market and from this loss we will understand how important trading strategy, mm and psicolohy, so in the next trading activity we will not make the same mistake.Quote:
Originally Posted by kanwaljit
for stop lossing you can made your luck perfect and then you stop loss luck is a important factor of trading.
this better to utilize each stoploss as well as industry revenue within your industry, in case industry revenue is placed twenty pips after that stoploss ought to be arranged in half which is ten pips more than or even beneath your own investing cost based upon the positioning sell or buy.
Since i am a short term trader i set my SL and TP nearby. I set them in the ratio of 1:2, so if my trade is well i set my SL at 15 pips and TP at 30 pips and if my trade isn't showing good results i set my SL at 10 pips and TP at 20 pips.
It comes much to the dimensions of trade exchange. It is important to the implementation of the peace programme of the second group. If you the dimensions of the land, the largest ever to make sure that open, get much variation. And you are in danger of losing the account of the same Ming. If you double, after a 10 can you Aunvastinid your account after 10, as well as.:peace:
stop loss and much knowlege about the forex trading market is the perfect way of trading .
I'm trading long term therefore inside my long term trading my first and last stop loss is 300pips. Currently day i'm trading and learning scalping other then i'm very will not know what exactly is the ideal stop loss. I take a look at in demo i find if i trade close to out to support and resistance then there can be no want out to set stop loss trade can shut with 10pips tp. Therefore i don't use stop loss in scalping trading other then i take advantage of trailing stop, its provide me profit if my trade move in profit.
i place my take profit after every 50 points and i guess that is best for me so far.i use take profit in my trading because i know it is better to get small rather than craving for big and lose money in it.
My plan in the trading to stop the loss is that when i am trading i am paying my full attention on the trading,when i am trading in the forex then my try is to avoid the greed in trading in the forex and try to trade in the forex with the cool mind and not trade in the forex with the hot mind and earn the lot of the money from the forex trading.
Forex is a good job.I am always trade with stop loss and the stop loss is about 30 pips and profit is 50 to 60 point.I am always buy at oversold zone and sell at overbought. pore lech.................