My way of placing stop and take profit!

good opinion, than some traders must also have a difficulty in determining when to take profits stoploos how and how much. to note in my opinion is the distance do not get too close or far away

I mainly place my stops above or below the high or low of the movements. And I think this method should be adopted by all the traders casue after moving beyond the high or low the pair may not come back to the trend.

it is hard to put stop loss with relevant and because if the trader put it too close with the trend then it will be touched but if they put too long and still the trend touch it then they will get some losing too big, the problem here is how to put the order with right ..so all depend to the condition and also we have to know the pair's charateristic

placement where you will place it where you want to stop how much profit you. you can use the existing tp on his metatrader. after that you can get what benefits. Do not linger long to keep the advantage, when it cut it pretty straight.

A good strategy .. Do you mean by point 0 that are in fibo !!
In any case thank you to put your style in trading and I hope to always Kmtagerh profitable and more profit ......

Succesful traders know that no trader is 100% of the time over the long term,so they always have not only an entry price
and profit target for there trade but a also a price at which they will close out there trade should the market move against them.

Very good information you have .i have never listion about it.
recently i entered a sell psition whose stop loss is falling on 00 level according to my analysis ,but now i am going to put it on 1.3210 to check the reality of your point

using stop loose is one of the most important tool with trading.if you will place your stoploose in a wrong point then it will be useless and it will work against you.traders have to study about how to place stoploos.there are always some points that as long as we will watch carefully then we can reall gain big profit.but it is a long case we really cant explain all at here.

Very good information you gave us brother. I have never listen about it.
Recently i entered a sell position whose stop loss is falling on 00 level according to my analysis ( EUR/USD SL 1.3200). But now I am going to put it on 1.3210 to check the reality of your point.

I use both vertical and horizontal pivots line in my trading.. Fibonacci for drawing my vertical pivots line while I use trend line for horizontal pivots.. and both of them really works well.. price actually honored those line if you just can draw them correctly in your chart..

i always use the stop loss but i have to calculate the potential level the price will go before i set it , normally the price will retest the previous level so my sl will be above 30 pips from those level

we are always reminded that we was given the freedom by the broker to make a decision between the cut and cover, from there it should be fine because we use stop losses and takeproft is a strategy we reduce the risk of a major

for me to use 50 pip stop loss is too big brother, I use the SL is 30 pips in value, on average barengi system and also in adding more if we open a new position will add a lot bigger

good opinion, than some traders must also have a difficulty in determining when to take profits stoploos how and how much. to note in my opinion is the distance do not get too close or far away

Real good advice for all trader but let me add to it that if place stop below or above 00 and the stop fall before next support or resistance, then also need to move it far off to stop 15 pip above major resistance or 15 pip below major support.

yes I strongly agree with your review we have to learn to put take profit and stooploss so that we can consistently
usually means to place the line SL is measured by Fibo
you try to give it a try

In my trading strategy first I determine the market position and as I'm a day trader start trading order and set take profit to 50 pips and set stop loss where we capital loss 2%. I think a trader start trading with analysis and never take big risk in particular trading.

normally i never provide stop loss but when i am away from system i provide stop loss to protect.
but i have a ratio of stop loss too.3 parts profit means 1 part of loss.

My way of selection of points to take profit in the trade of foreign exchange. Is very clear where the selection of 30 points as to the arrest of loss rates is clear. Now trade foreign exchange required to learn this skill before entering this type of investment. But not always used the method of issuing pending order.

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Originally Posted by zoomfire

normally i never provide stop loss but when i am away from system i provide stop loss to protect.
but i have a ratio of stop loss too.3 parts profit means 1 part of loss.

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I usually place stop loss double than my take profit. It means that if I lose a trade then I have to win 2 trades to make it break even. In using close take profit we can give ourself a good chance of winning more trades.

To be able to identify where the location of stop loss and take profit where the location we can identify it by identifying areas of demand and supplay. I tried to love the example with a picture so we can better understand.

Spoiler:

http://s7.postimage.org/hwcksj3uj/s_n_d.jpg
image host

I am the way I put a stop loss and take profit based adoption of the kidney on the price movement and the strength of the trend and the deal is open, sometimes closed the deal before the price reaches the target in the profit and also at a loss, if confirmed, he will be up to the stop loss order. This is not a constant with me according to market movement

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Originally Posted by anoha

I am the way I put a stop loss and take profit based adoption of the kidney on the price movement and the strength of the trend and the deal is open, sometimes closed the deal before the price reaches the target in the profit and also at a loss, if confirmed, he will be up to the stop loss order. This is not a constant with me according to market movement

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Get used to replace or menggeres stop loss from minus to +1 minimal. This will minimize the losses that would later be your responsibility. These systems often do I do although often well-known SL +1 but no time to lose and no profit, he will continue in line with what we expect.

i use different method and its depend on the markets.
what i follow the candlestick first ,,i draw the horizontal line and get the level of next support and resistance.
then i chek the pivot points. after that i analysis .. which is the best place to given my stoploss and take profit. so with this.. i make the maximise profit. form the market .

this is good option but very difficult to know. only use TP and Sl. Use SL if you have a big trade never left a trade without SL. Ift cans leads you to a big loss

I am sorry but I have read about this way of thinking on the internet and don't agree with it. Because from wherever you got that idea ... is dumb enough to rule out the drag of the market that it does on almost every swing, move or trend with psychological selling and buying ... leaving the place for retracement and/or correction. If banks think they wanna respond to 3200ish level, for example, I don't understand how in the world are they gonna stop the pour in selling or buying from random traders ? The price could move even 25 pips plus/minus and hit the stops ... so that is no way of speculating but people with gambling mentality do that kind of stupidity, by following some golden number or a numeral closer to their boasting. My advice would be to review your thinking about it.

I always like to use target profits, but i hardly use stop loss. To me, it seems to waste of money and nothing else. If you have a large back up, then you do not need to use any stop loss strategy. But if you have low capital and equity also, then you can use stop loss and that time it will definitely help you.

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Originally Posted by Ammie

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

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I completely agree with you because stop loss is one of the main elements of a good strategy. Many new bees tend to be setting a very low stop loss which simply leads them to loss most of the times.

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Originally Posted by Ammie

My way of placing stop and take profit!

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

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But, i am confused. You mentioned to place stop loss. So, we may get loses only. Am i right. If we place take profit, then we may get some profits. So mention, take profit place too. Otherwise, it will be for making loses only. If i am wrong, let me to get clear.

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Originally Posted by Ammie

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

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forex trading min yahi to sub sa achi or best facility ha k haum ko itini zadai facility data ha mauja es laya ya forum boht passand ha or main es sa boht sara profit earned kar skata hoon es main ap apna order ko take profit or sop loss be used kar stakta ho agr ap ko dar ha k hama loss na ho ga to ap sotp loss ko used karana or boht sara profit earned kanra.

fixing the stop loss and take profit vary from trader to trader. i use the support and resistance level to target my take profit and stop loss. pivot point is also helpful to determine it. but most of the trader hesitate to determine this.

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Originally Posted by Ammie

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

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trading main hum sotp loss ko or take profit ko es llaya used karta han ka haama boht sara profit earnd ho or ham loss sa batacna ka laya stop loss ka shara lata han or sotp loss ko used karta han es ay haum kafi profit earned hot ha or haum loss ha batch or profit earned karta han

i didnt have consistence SL and TP in trades,i'm prefer to put SL and TP at resistance points,and try to lowering or raising size of risk if i',m
sure what i'm guess.thats are more help for me to setting tp and Sl at orders

Target profit is really an important thing for forex trading. I think you all use target profits. If you do not take any risks and use smaller lots, then you do not need to use stop loss. Those who trades with risks and usually use higher lots can use stop loss to prevent losses.

I always put the SL 50 points by using the TP by 10 points, with the hope of more quickly touched my TP before SL.
If it turns out that touched my SL, I just need to do better in the future without having to regret the loss today, :)

Hi
thanks for sharing these . I think this strategy really helps me while i am trading by using your advice i think i can really earn some profits through which i can go further
but i have a problem i never use stop loss so i have no idea about it. can anyone tell me about how we can use this on right place.

If you don't use SL then you need to stop trading. Both in real and in demo account. First you must always have an SL even your doing scalping or doing long term trading. You always need to put SL. The only difference is that each strategy has different SL value
I think right now its better that we trade in demo account and try to experiment with SL. Not to short that you get fill all the time. Not too long that you will get MC before you SL going to have a hit. lols.

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Originally Posted by Ammie

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

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I don't think this one is true. I read somwhere, the banks do operates a robot to trade, it's called HFT (High Frequency Trading). Very similar to robot EA, but it is develop by themself on their platform. This HFT will trade as scalping mode, so they will trade at any level up to 5 or 6 digit. Only few trader in the bank will trade by human, and may be your posting is true when forex traded by human. Because 00 number is a lot easier to remember. But with the involvement of HFT, this is not necessarly true.

i really became interesting in putting stop loss and take profit . in early day for me in Forex market i didn't like putting stop loss because i make loss because of it but i now realized i was putting my stop loss in wrong market value so i began learning about it and in the end i understood my problem .

Quote:

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Originally Posted by Ammie

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

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wasa kafi achi stretegy hai app ki aur app ka thanks yaar app na jo hai woh kafi achi post ki hai aur han is ko parah kay kafi achi knowledge hasil ho jaya ge banda ko aur is ki waja say kafi achi knowledge hasil ho jaya ge