Trading to stop the loss in that when i am trading i am playing my full attention on the trading when ia m trading in the forex then my try is to avoid the greed in trading the money from forex trading. i place my take profit after and igues that is best for me so faci used tkae profit in my tradin gbecause i know it is better to get small rather than craving for big and line money it.
Hy guys in case of your post i think. 25 pips is a bit of very tight stop loss. Price mostly moves in long ranges than that, but you are lucky if you are getting good results from it. I always set the SL and TP nearest to the support or resistance level and ofter alter it as the price moves on thanks for the post take care and keep trading.
Forex trading is a quick money making business.I am always trade with stoploss and the stoploss is about 30 pips and profit is 50 to 60 point.I am always buy at ovesold zone and sell at overought.Be aware of situations and trade carefully.
for that i use some fixed ratio and what is that i use fixed risk reward ratio 1:2 so that is why i am working on that.... and i think it is very good and that is why i am very happy with that so far.
mery khayl stop loss ak achi stragty hai so humien is ka use karna chahye and learn the forex and get the profit and i think earning is the best key to success in forex trading business.everyone should learn forex first time and if we hard work in forex business,forex is not easy business so we can not successful without learn and hard work in forex
i never all in my money on the market. i usually set stop loss at 20 pips and i am going good and making many profit at a little deal but i do my deals more for getting more profit, and take profit at 10 pips , but some times i set it according to the previous support and resistance,
I find that it completely depends on times to times and trades to trades..For the scalping m setting up SL for about a 15 pips maximums times and for long termes trading i tried to set up 90 pips of SL and 1 20 pips of TP .but i always use the analysis for each traded !!
it is difficult to say where you set up your stop loss and take profit..because it is depends on your market situation ..market has it owns characteristic if you understand this you can easily choose the right position where to put your perfect stop loss.
Hey i don't use take profit and stoploss.I start trade without tp and sl. I know it is risky for trader.I like risk.
if you dare to make trades without SL, it means you have a system and a good trading strategy, I will learn from you, because forex trading for me is very difficult and risky, without SL I would lose all of our moneyQuote:
Originally Posted by khairulislam111