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I am e'er switch with stoploss and the stoploss is about 30 pips and earn is 50 to 60 tangency.I am ever buy at ovesold structure and trade at overought.
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i thank my prefect stop loss program is making a perfect and well balanced strategy which shows you the right paths and defines the routes which one would be accurate to move on , the one who does not follow any strategy is obviously wrong , because this is a trading business without plan and a good approach no one can success in any king of business . Forex is a great business but needs some amount of efforts to improve it more .
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I always set the SL and TP nearest to the support or resistance level and ofter alter it as the price moves on.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.
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First of all i shall see the market and place where I am investing my capital and skills if these are good for me and if i can get a reasonable profit from them then i will invest my capital and skills at there otherwise not.
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I think most of trader are also set take profit and stop lose. I set my take profit bigger then stop lose so you will always want to exit the trade when you predetermined plan tells you to me
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I do not mortal my trading strategy as you never use 25 pips foreclose expiration and 50 pips profits as too dangerous and I do not judge you are fortunate, I often use 30 pips consonant casualty and 40-50 pips assert benefit.
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i agree with you.. other then in situations we dont have more time to offer the forex then we are able to aspire to long time..
a few trader feel halt challenge with continuous setting on computers.. they will will design their trading system that not want out to sit a large amount of time in front of system.
i'm too doing long term trading and learning short term. in long term trading i exploit stop loss other then in brief term scalping trading i'm not using stop loss.
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i'm continually make use of the stop lose. initially when i open the trend, i analyze the market first. then i consider the step. i exploit the 25 pips and of course the profit wave is 50 out to 60 points. then i keep constant my eyes within the trend.
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ager ap indecator use karte hon our markit k trand ka pata hia to ap stopp loss our tak profite se feda le sakte hon mostli to per 25 pip ka stoop loss lagte hia is se zida loss nahi karte ye aik satigi hia jo k kisi had tak thek hia
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I exclusive use 3 pips guide acquire. without a ending exit. with lots that I traded rather cosmic. the records are bifurcated on cap management. transact any replacement lamp.
