i m new in Forex did not have so much knowledge about it when i will think that i m loosing my money then i will think that i will take some suggestion from my senior brothers that how can i promote my business and how to get profit in it and i m sure that they will surely help me
The perfect stop loss is next to the strong resistance or support level so that it is not easily hit by the market movement. If we place the stop loss according to the money management also we may suffer losses, just think and be practical so that you are in profit.
Mujhe to small earning receive karna hi acha lagta hai is risky trading system main. Is say main apni bari investment ko bhi asani kay sath save kar laita hoon. Main ne target set kya hua hai aur main daily trading main sirf aur sirf 10 say 15 pips take profit ki umeed rakhta hoon aur stop loss main 30 pips ka lock use karta hoon. Yeh mera liye humaish profitable raha hai.
well i am a newbie in Forex and i use the 50 on to take profit and 20 to stop lose and i am also feel a good successful trade to use it and earn money in Forex business easily.
gains 40 points u geet for how long. for one week, one day or one month. if we use a large capital, and lots of pretty. we only get 10 points I think enough. stop loss 25 seems less appropriate when we use a pair gbp-usd and eur usd .
properly as i open up any business in comparison with first i lookup future assistance and also resistance. i fit my personal stop damage near to most of these amounts.
in case assistance and also resistance amounts usually are too high then i comply with my personal funds supervision principles. i prefer 2: 1 chance & compensate percentage.
stop damage can be 200pips after that my personal tp can be 100pips..
My partner and i deal with 50 pips halt loss and also endless pips regarding carry earnings. We are always purchase from oversold sector and also advertise from overbought. I usually established your SL and also TP nearby on the assist or maybe amount of resistance amount and also ofter adjust the idea because the cost progresses.
Every trader have totally different completely different views regarding stop loss. A few trader set it in keeping with their risk and reward ratio and a few set in keeping with their strategy. The stop loss ought to be close to to aid and resistance level.
dear sir
i thank the best stop los is 50 pips and somtimes 100 pips
tnx
I see that it is not fixed for me I firstly find a great area to put stop loss and then used a 1:3 risky reward to putted a TP or used some resistances support if a big support or resistance is near.It also depends on your trading styles !