We only get 10 points I think enough. stop loss 25 seems less appropriate when we use a pair gbp-usd and eur usd. Some time trend were not good for me or against me then I am taking fast decision and take small profit. A trader should set stop loss and take profit according to their trading style and profit target
Forex business main stop loss or take profit bohat helpful hain in i help se hum apna accont save kar jaty hain or trading bhi save or secure hoti hay main hamesha apni trades mai n sl or tp use karti hon jo 50 pipes kay spread par mushtamil hota hay is se main acha kama jati hon agar tp hit ho jaye nai to loss zeada nai hota sl ki waja se
good,,,, I think the perfect stop loss and take profit then you can set the perfect stop loss and the take profit option.I think every trader should use the next support and the resistance level as the stop loss and the take profit option. plan is set this two option depending on the support and the resistance level.When you can find out the perfect support and the resistance level
F you know that the stop loss is not hit to the target and earning of profit chances increase then put the stop loss this is a good offer from the forx market.
Sorry brother,I never use any stop loss in my trading account.I know it is risky.But when I thinking that I want to stay in forex forever,then I not use stop loss.Because I believe that market again come to my position because of its more volatility.
you dont make any plan whereas trading, my friend. planning time is before you decide to begin any trade. throughout trading all that you do is following your strategy rules onto the letter. otherwise youll be certain out to loose each time.
Forex trading is risky but many profitable.I will be constantly business together with stop loss as well as the stop loss is approximately 25 pips and also income will be 50 to be able to 58 level. I will be constantly acquire with oversold zoom and also promote with over ought.Be carefully....
I am very concerned with your decision to not use a stop loss. why? why not use a stop loss means requires you to have a readiness to accept any bad result you will get. therefore that we should seek to manage risk, one of which uses a stop lossQuote:
Originally Posted by manikah
I think i'm using robots,
i've already put the stop loss
in each open position and a
cut loss order if my total
capital is reaching the limit
that i setups. While for profit i'm usually take the 1:2 ratio
for loss and profit, so if i'm
setup a 20pip loss, then my
profit will be at 40 pips.good luck
I use now that the number of stops, such as the number of points profit taking, for example, stop loss 50 points, will also be taking profit 50 points and I think that this theory is good for me but more importantly, identify very good stop loss