If you set it on more value then it give you more loss therefore you must watch the market and then place your order other wise you go in loss .
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If you set it on more value then it give you more loss therefore you must watch the market and then place your order other wise you go in loss .
I think around 35-40 pips is quite safe for stop loss if you are talking about an account which is similar to mine. See, it depends on a lot of different factors. Your equity, your margin, the loss you are willing to afford, the firmness of your market prediction etc. It all defines what stop loss level is going to work best for you.
I myself see that your words correctly and that the stop-loss is not only numbers and those there are other tools show that number, but I read in one of the forums that the stop-loss be profit-third of the points that's what I read and I did not know is right or wrong Please advise
i don't set SL as pips..Quote:
Originally Posted by Anytime
but i set SL from the range of the previous candel H1
or from the range of price action
to be able to my nurturing this should be more than TP pips, But most of situations i don't use Keep reduction if we are usually trading with H1 after that its improve to be STop loss around 50 pips with regard to H4 we would improve it.
hi friends ,I think there is no particular SL and TP and it nd fully on trader and his/her strategy and depend on how much balance there . for me soemtime i select 30 pips and sometime also 50 pips-always put same
i too agree with anubhavsingh.
Yes you are right. 35-40 pips is safe for stop loss. Most of the time i use this pips for stop loss. And most of the time it did not touched and on that time i can easily make good profit from this business.Quote:
Originally Posted by WajeehBJ
i using 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
I consider, its punter to approximate the job if we recovered turn route. If we set stop loss in lifelong interval way, we try much money. Currently i am waiting for the market to pinch my occupy profit. I am not competent to trade. So exclusive i cite surmount to closelipped.