Quote:
Originally Posted by Anytime
hi friends,
it's difficult to define how may pipes safe for SL or TP because it depends on situation of market & the circumstances of the country its internal & external issues.
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Quote:
Originally Posted by Anytime
hi friends,
it's difficult to define how may pipes safe for SL or TP because it depends on situation of market & the circumstances of the country its internal & external issues.
Setting of SL depends on market conditions at present when you open trade as well as number of trades already opened and account balance.
Even, trade style of trader also matter for SL. In general case, you may set SL as 30-40 pips are fine or do 1:1 with SL and TP.
yeah absltly right stop loss aap jab set karte hai toh uske pehle aapko market ko acche se dekh lena chahiye aur iske sath hi sath aapko apni capital ka dhayan bhi rakhna chahiye ki agar trade aapke opposite gyi toh aapka accnt kitna effct ho sakta hai...Quote:
Originally Posted by bigearners
Forex many pips do you think is safe his account balance depend on individual for setting stop stop loss Forex trading.for me sometimes a select 40pips and sometimes also 70pips depend or Forex market business.
yes i think stop lose should be not more than 20% of Actual Investment ,or show resistance line or where your personal jugment that it will stop it ,
please always know that Stop lose i very important in forex market
Quantity of stop loss differs due to use of different time frames and different types of trading such as, scalping, day trading, swing trading and position trading. When a trader trades in a very short time period, his stop loss will be very little and when he trades in large time period, his stop loss will be much higher than short time trading stop loss.
Every position I make a comparison: 20 TP and 40 SL. I have not much to know whether there is a more ideal ratio? I want to know much about it, because I am very interested in risk management.Quote:
Originally Posted by Anytime
i always make use of very leesser pips for stop loss than the take profit so that the losses are lesser than the profits and the graph is always in the rise and the profits are coming frequently
Hello bro,
I think in forex trade market there are no fixed SL and it's fully depend on trader and his own personal strategy. For me maximum time i select 50 pips and sometime also 100 pips and it depend on market but always put same in sl.
best of luck
It depends on your affordability to lose. But to be safer i believe maximum 30 pips i safe for SL.