there are many pips in forex trading currency market. we can't say how many pips will be safe for SL. stop loss depends on one's individual study, his experience, and account balance etc.it depends on trader to trader.
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there are many pips in forex trading currency market. we can't say how many pips will be safe for SL. stop loss depends on one's individual study, his experience, and account balance etc.it depends on trader to trader.
on my opinion SL should be of 50 pips and a good trader use SL with 50 pips and also TP at 50 pips and if he is in profit ha can use SL as to avoid loss in his trades as like take profit and i think he may continue it to his better trading
it would be bigger to put the SL is college than TP that we put that name because afterwards the amount will be authoritative our aboriginal float because of the transaction bare a spread, and this requires us to position the SL is greater than our short-TP.
According to my knowledge it can be better than TP pips, But most of times i don't use Stop loss if we are trading with H1 then its better to have Stop loss around 50 pips for H4 we should increase it.Quote:
Originally Posted by Anytime
It is depends on Traders Investment capacity & skillfulness of trading business. Trading is not constant scale of business, Here you come for profit, always it not happens sometime profit sometimes losses.
According to my noises it should be greater than PT pips, But most of present i don't use Terminate disadvantage if we are trading with H1 then its better to love Layover decease around 50 pips for H4 we should increase it.
Aap litnry stop loss denge wo aapke upar depend karta hai. aagar aapko lagta hai ki market ki situation zyada thik naahi rahega to phir aap 30 se 50 pip tak SL desakte hai aur aagar aapko lagta hai ki market jitni hi niche jaye wo phir upar aake ek barisi profit degi to phir aap SL 100 pip bhi de sakte hai.
determining the number of pips that will be given time we traded in my opinion it was tailored to our ability to deposit capital and risk management. as a novice trader, we can use the leverage of capital if we are not too many. thus we can make a deal with a lot spreed but the risk is small. suppose we use a stop loss and take profit of 50 points 20 points I think are ideal
I think its all depend on how much you can afford to lose, we need good money management and also we have to check resistance and support levels before we place our stop loss, we should not put stop loss just by numbers.
Regards
how many pips do you think is safe for SL ?
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers...