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i dont really think there is a precise number of pips for stop loss and i think the best method is to let the market determine the numbers of stop and target profit for your trades and not have a specific stop but for newbies i will say you should start with having 100 pips stop loss and not less.
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30-50 pips is a good point to place a Stop Lose on a Trade. And all this depends on the amount of money present in the account.
When large money is in the account, one can take upto 50 pips knowing fully well that before the Stop Lose point, that the market might start going up again.
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wesy agar insan short money se business start kary to kam uz kam 500 pips honey chahye q k agaris se kam hongey to business karney ka koi faida nai hai q k market bohat fast up down hoti hain
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some use half of the take profit or some use double of take profit or some use manual., his account balance, his experience etc.. our trades as like take profit i mostly using it..;)
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i saw is 50 to 100 pip is very good to stop any loss if the market will back again
descrip that can price move to above for two week and appear the news change this move for 100 pip but this news not very important the price will back again move a bove and many pip for stop loss ask yourself in the frist how much you investment and how much pip equle ?
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before, i've said that 30 pip is maximal stoploss point to set for every trade. but, since last mounth, i have changed my view. and aplicating dynamic stoploss point for every trade. i set my stoploss according to the pattern that i trade for.
sometime, i use 10 pip, sometime 20 pip.
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I think Forex is a bast job.I think SL should be of 50 pips i usually keeps sl with 50 pips and tp at 50 pips when we are in profit we can use SL as to avoid loss in our trades as like take profit i mostly using it.Thanks..........:)
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Usually I have always set for scalping 20 pips SL and SL 60 for longtherm, with SL and TP 1:3 ratio
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How many pips is better for stop-loss and take profit, i think it is forex is from 20-50 pips. But at some time i may say that experience.
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How point SL depends on the type of trader as if you, if you are a scalper should be determined SL is not too close to your open positions, so as not touched fast .. as well as the type of long term trader, you should set the SL is more than TP that you specify. see also range in price movements trading period you plan .. happy trading