My way of placing stop and take profit!

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Originally Posted by aniket

hmmm very good strategy thanks dear app ne kafi achi post ki ha or waqai he es ko parrh k kafi knowledge main izafa howa ha main pehely kafi confussion ka shikar hota tha par ab kisi had tak mere knowledge main izafa howa ha

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The first FX trading strategies will be to teach the main currencies. These dominant currencies are the most traded pairs of money.

stop loss can protect our account balance it is true.but using stoploss unwisely can harm as well.it can deprive you from getting profit as well.sometimes the market makes an uturn and if your stop loss close your position before that then you are a loser.so i never use stop loss in a tight position.and i never use it at the time of opening position .i just observe the market trend and if i feel that it is necessary only then i modify my order using stop loss and take profit

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Originally Posted by kazim

stop loss and take profit ak boht he ahci or best strategy ha trading maine joo trader trading maine stop loss or take profit ko used karta ha wo boht he ahci or best trading karta ha wo es ka sath sath apna emoiton ko be control kar sakta ha esi waja sa stop loss or take profit kafi best or achi strategy ha.

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bhai trader ko stop loss aur take profit ka use kafi carefully karna chahiye, kyun ki stop loss lagane ka sahi point ka pata hona bahut jaruri hota hai, wrong side par agar stop loss lagate hai, to jaldi hi hit karne ke chance hote hai.

i always trade trend wise and never place stop loss because i only use 5% margin and i will make average after 50 pips loss and close that trading in profit

PLEASE explain your strategy of placing sl and tp by picture .i think this is not too hard for posters.and for newbie like us will get a good idea from them so please post with pictures. Hoping that you will answer soon.

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Originally Posted by mohsin15

i always trade trend wise and never place stop loss because i only use 5% margin and i will make average after 50 pips loss and close that trading in profit

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i think it is not a good way to trade in forex market .you should place stop loss in your trades .if you do not use stop loss then soon you will receive margin call and you have to leave forex market .:)

Much of this original conception of the genre is still alive whenever a short joke is told to make a certain humorous point in everyday conversation. The longer exploits left the sphere of oral traditions with the arrival of the printing press.

Placing a stop loss to risk less money is a good thing but point of stop loss is not a matter of mind its must be based on technical analysis, you must consider support and resistance for your position than decide your point of stop loss. and you can survive easy business forex market :)

here in the forex business we need the better thing to use it because you know this thing it is very risky business so here you need the stop loss and the take profit to make your trade best so we use it the stop loss when we gone in big loss and take profit we use for make the big profit how many we want

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