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It is the thing that doesn't make sense because the reward and risk is not worth it or too unbalanced, so that's a bad thing, and we should maintain a 1: 1 or 1: 2 or 2: 1 it is more suitable and all it has to do with calculations as well so we have to always be ready.:yahoo:
100 pips make great risk for 10 pips profit and trader should make the good risk reward ration only If we keep on taking 10:1 risk to reward trades that Money management is another important strategy in any business for being successful and Reason is simple: if you're willing to risk 100 pips on a trade as long as there are no opposite signals coming from the market you should be willing to let you trade run at least that much
A very important part in capital management while trading Risk reward ratio and daily target just depends upon our strategy and the capability because we should step out according to our knowledge and understanding Good traders always plan and trade accordingly I have been struggling to have a larger capital that is like suppose if i have $100 in my account and i open the trade so the profit is $60 and loss is $20
Well i think it not a good trading strategy because it is a high risk trading formula accordingly This is if you want to get a great untunga then you have to take greater risks as well I encourage every beginner to apply them in their forex trading business day and day as when i trading i always analysis the market with my trading sytem and choose the best place to open orders but it is really a good idea to set a daily target
If you can predict accurately that your strategy is going to give you 10 pips for sure then you can take the risk but for me i would not th but This objective can be achieved by placing our stop loss less than that of our take profit till but we do not have to worry because as long as we are still able to ma then And i am able to take 5% risk of total capital so this is great tips new beginners who wanna start work in forex all trader know that forex businss is risky
bhaiya ji possible to hain agar aap 100 pips loss ko jhel sakte hain aur wo bhi sirf 10 pips ke liye to mere hisab se ye target fir theek rahega lekin agar winning trade kam raha aur loss jayda raha to ap kafi jayda negative mein rahenge
It is possible to risk 100 pips to make a profit of 10 pips but sometimes those 10 pips might be difficult to achieve and one can suffer a loss of 100 pips, This is actually not a good risk :reward ratio and one must have 1:1 or 2:1 ratio which means risk 100 pips for profits of either 100 pips or 200 pips . So profits should be more than what is risked.
I ind that It will be easy to win 10 pips if you make the profit 10 pips and the stop loss 100 pips but the problems is that if you did so you will not be in the profite that after the end of the week that is because only one lost trade will eat the profit of 10 win trades which will make the total result not very great really !
G bhai g ya zaruri tu nh hay k her bar hamara 10 pip ka take profit hi hit ho ga , agar market hamaray oppiste chali jati hay tu hamay 100 pip loss bi ho sakta hay aur es loss ko recover karna trader k liyay mushkil ho sakta hay .Quote:
Originally Posted by mrinalini
To be successful in your forex trading business you can’t be forceful or control the market, all you can do is identify what is happening and determine if your trading edge is present or not. That’s not to say that you can’t be confident with your trading, but you need to realize early in your career that you are not bigger than the market, and although you run a trading business within this large market, you are never truly in control of whats happening in the day to day forex market movements and events.