placement of stop loss and take profit is a perfect fit with the use of the strategies you use. I swing users with analysis on market supply and demand law. placement area stop loss and take profit is in the area of supply or demand next, with a comparison of the placement or the katalain include 1:2 risk reward ratio. that's what I use.Quote:
Originally Posted by Jazpa
bhai agar aap jayda volume se trading karte hai, to bhai ye baat jaan lo, ki hamesha aapko jayda volume ka use karke achcha paisa nahi mil payega, jis din ek galat trade lag gaya, aapka pura loss ho jayega.Quote:
Originally Posted by mfaisals123
well i set almost 10 pips for take profit and as my trade start coming in profit i increase respectively and this is a good way to use this tool but i don't set stop loss and i let my trade go on.
stop loss boht achi chez ha.ya hamain loss sa bachti ha.
mujhe abhi trading ka nahe pata ha.kyn k mane abhi trading ki he nhe ha.ma to just posting karna chata hun.
I am also using this ration in my trades and enjoying the benefit of this. In my opinion and may be it is wrong the most safe and beneficial trades are always require stop loss and take profit. Actually forex market is a very fast moving market and we can not control our trades in this situation but stop loss and take profit help us in this situation.
Fixing a stop loss and take profit limit varies with every person and it depends on your capital, strategy and your greed. personally I Use support and resistance of market because this is a natural way of trading and if I use stop loss my loss and profit are in ratio of 1:2 respectively and I think this strategy is used by most traders.
Practice in demo trade is so important for new trader. They learn from it and take proper knowledge on about Forex treding. Because without learning you never get success in Forex trade. demo trading most important for every Forex trader but if anyone don't want practice demo account then it's his wish but if you want make money from Forex market then must be need practice demo account which your trading accuracy will be accurate.Quote:
Originally Posted by markhoor
forex trading men st aur tp dono bohat helpful hen acha trader inhen use krta he men trading men apni hr trade men stop loss 50 pips aur take profit 50 pips lgata hun
bro every successful Forex traders are set up their Take profit and Stop loss point according to, their trading strategy. Your policy is also good but, I always set 15 pips as my Take profit and 50 pips for my Stop loss. Because, price is always ups and down in the Forex market. I am also making successful trades in Forex by this policy.,,
i always set order when breakdown occurs because after breakdown i mostly take profit, at that time i set order by applying stoploss and takeprofit limit of both 100 pips. because that time market mostly goes to profit side or it will sustain its position, if market goes to loss side than stoploss limit that you applied will prevent you from huge loss.