the risk is very high, 10 pips for 200 stop loss, is much, y think the risk is a empirical value, and our work is count this value.
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the risk is very high, 10 pips for 200 stop loss, is much, y think the risk is a empirical value, and our work is count this value.
when you will try to trade with such high risk trading then you will get only loss so try to make proper money management so that you will not have to wait on your trade for the long time on the negative side.
Mainy forex ki field mai ayse strategy nhi daimhi hai kio k yai to sedha sedha ap ko loss ki taraf lai kar jati hai aur humy always yaha sai bachna hota hai tabhi he trade mai hum acha profit hasil kr sakty hain...
well my dear actually I do believe that is not a wise strategy if we wait the right time and take position as required over buy or over sold position then it will becomes in to good profit and setting stop loss around 1:2 means if we set profit 30 pips then set the stop loss 60.
The loss in that way will be big will the profit will be small, I think that you shouldn't trade in that way, you should have a good strategy that it is based on your analyse and the indicators so you ensure a good deals and the profit.
yes, of course actually its true that placed 200 pips stop loss and take profit 20 pips just a bad strategy in my opinion even if we have a strategy that is very telling to create 20 pips, the better we always use the ratio of trading profit greater than the stop loss, so we will be able to be traders who have a good probability in determining the market price when will perform in the forex market this entry
Noooooo... This is too much my friend. Why not take something close to the amount you are taking for stop loss as profit . Say, like half of it will do. I will not want to take too much risk but small profit. It is not food at all change that trading idea as this could keep you on the losing side .
well my dear I personally consider you must never have tp as 10 pips and sl as 200 pips. just think how big is sl for 10 pip tp. it is unimagineable. always have stop loss double the tp. if u have 10 pip tp then u have sl as 20 pip and not more than that.
I think we need to select the proper lot size and also proper risk management at every trade and we should know that if we can trade with proper risk management then it would be 1:2 or 1:3 that means 10 pips risk for 30 pips profit.
well my dear actually I do believe the 200 stop loss versus only 20 pips profits is insane. You mean you are willing to lose 200 pips just to get that 20 pips? That is plain stupidity. I would rather lose 30 pips to earn 20 pips than sacrifice my account that much not reasonable for me.