If you have a good trading strategies then you can make batter profit ratio from forex market you need to get proper knowledge first then you feel how stupid to risk because SL and TP setting will depend on each trader himself
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If you have a good trading strategies then you can make batter profit ratio from forex market you need to get proper knowledge first then you feel how stupid to risk because SL and TP setting will depend on each trader himself
her forex trader ka is business mi apna profit different hota ha is ka main reason us ka trading style ha , is waja se 10 pips ka target un traders ke ly tu best ha ke jo sirf scalping kerty hien , long term trading kerny waly traders ka target ziyada pips ka hota ha.
mainy ayse trade nahe daikhe hai aur mughy nahe pata hai k is tarah ki strategy log kio puchna chahty hain kio k yaha par saf naazr ata hai k yai just loss he hai kio sl agar 10 ho ga tou jaldi he hit ho ga is mai koi big bat nahe hai is leyay humy risk daikh kar he chalna parta hai aur us hissab sai he sl ka bhi hona zruri hai..
Well personally to me I think it's possible, but for me its very high risk and can not be implemented consistently throughout life. although it may be able to generate profits with ease, but when the price is not in line with what we expected, then automatically we will experience huge losses and causes severe stress.
yes my dear I actually consider that it is not a sign of good trading, 100pips is big why 10pips is little if we risk 100pips because of 10pips we are not ready to survive in forex trading, because to survive we need to make our target more higher than our loss.
Well dear in fact I do believe nothing is impossible in forex trading, but to think about re whether the risk reward ratio as it will be able to usher us into a disciplined trader and consistent in the profit in the foreseeable future? because it's really risky when held in the big capital account.
daikhy yai setuation kabhi bhi nahe make karni chayay humy jitna hum trade kary agar perfectly soch samjh kar kary gay tou wahe hamary leyay acha hai aur hamari trade usy sai he best ho sakti hai kafi traders yaha par aysay sochty hain k wo shortcut sai kafi agy a sakty hain magar real mai aysa nahe htoa hai..
well dear, there is no doubt that its too much having to use a stop loss 100 pips. imagine if touched stop loss, it is necessary to open trade for 10 times to return loss. and even then must always profit. if you want to scalping, better not use a stop loss, if wrong position just cut loss.