Piece trading if the market is trending i promote a chase finish to succeed my vantage constant, but if the activity is ranging then i opt my gut perception to archer me where to put stops to get out of a base occupation, mostly this is 15 to 30 pips at most.
I did open my trading accompanied definitely give point stop loss and take profit, it must be done. Previously we analyze whether the price will go up or down, and I have to believe him. I maximum tolerated floating 10 pips only. If wrong with my analysis, quit while. Having regard to the movement of the price, I Beru determine the new OP point so as not to lose ..
gains 50 points you get 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 ussd.
is waqat tak to emn sotp loss ka use nahi kerta q keh is mein mujhy acha profit is ke bina he mil jata hai aur meri trading bhi achi hoti hai men forex mein kam volumes ka use kerta hun aur is mein se achi eanring hoti hai mujh ko
if you wanna my point of view i think that we have to learn more and more about forex trading in which we can put pefect stop loss and taking profit , because we can not do it by ourselves .
if support and resistance levels are too high then i follow my money management rules. I mostly choose my Oder only after analyzing the trends. I trade with 50 pips stop loss maximal and unlimited pips of take profits. I don't usually place take profit as I keep constant eyes upon the trade and close the position soon as I think the profits are enough for me......
Hard to come up with the perfect stop loss and take profit in our trading due to the fact that it is very hard to predict the market accurately. We can not be sure if the market will even hit our target profit or much worst it will hit our stop loss first.
me to i use the same plan like you but sometime really i use stop loss 50 pips and take profit 50 pips and with a good money managment and igive me a good result with my strategy , but your plan is perfect way to make a good profit and protect your balance from a big loss
I actually don't really use or even reduce the income, the stakes, the choice, only because we already know only precious metals industry perfectly precious metals is extremely dangerous and so I am looking to buy me my personal overall and for sale. I actually don't really leave my PC actively buy and sell before the arrival of the last--buying and selling related to income or even reduction depends on my personal happiness.
I think to succeed within this journey you can't afford to lose an excessive amount. manage risk and merely settle for what you may get and benefit from the ride. this method you may trade additional freely and creatively. dont live your lifestyle in denial.