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There si no perfect way that you can do your tradeing there are some of the thing that you have to keep in mind whenyou tradeing there some this stop loss that that is lower than other thing s that you have to know
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as per my knowledge we can not set our stop loss value in EA trade nearest to the support or resistance . Price mostly moves in long ranges than that, but you are lucky if you are getting good results from it. level and ofter alter it as the price moves on. in auto he set sl and tp its self if we are going to change then its can accept that change if EA is runing.A can not accept manual changes like change sl and tp I always set the
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main tou stop loss one ot three ki ratio say lagata houn .jahan tak auto trade ki bat hain trading robot tou khud hi stop loss and take profit lagaty hain
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sometims you need t know about ti about thigns that can get to know about thigns that will gett o know about you also about time about ti. so things ill moveon for its own time on you own way for it also baout tiem for its own time also about tie.
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i open any trade than first i search next support and resistance. i put my stop loss near to these levels.
if support and resistance levels are too high then i follow my money management rules. i use 2:1 risk & reward ratio.f i'm setup a 20pip loss, then my profit will be at 40 pips.
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the ideal on behalf of me as being 40pips, this is often as a result of i don`t trade anyhow, when i locate the trade, the bets keeps coming out to me while not abundant concern inside my trdaing positions.
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Its something secret but let me guess. I stop Profit at 30-40 Pips and Stop Loss and 10-20 Pips or more if its going down.
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really stop loss and produce profit are incredibly useful regarding the traders traders use these when they will will not make use of the trading i feel that 50pip is enough for stop loss and produce profit.
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I thnk every trader must have to use stop loss when trading in forx. I think stop loss makes our trade safe and secure, we can trade in forex with out any extra loss in forex. we can loss only that we can afford in forex.
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i'm trading since long term thus within my long term trading my initial and last stop loss is 60 pips. currently day i'm trading and learning scalping however i'm very will not know what exactly is the ideal stop loss.. i take a look at in demo i notice if i trade close to to compliment and resistance then there isn't any have to be compelled to set stop loss trade can shut with 10-15 pips take profit.
