I am indeed pkir if we are accustomed and ordinary practice would indeed be nice, so I think it is indeed in the trading habits and our practice, and we must trade in a way the most important own profit, and I thought it was very good. However it is not suitable for me, because I did not use a stop loss.
just like a scalper i forever strive out to get 5 pips or like this. therefore i set take profit in 5 pips and work with no stop loss. it could cause my balance 0$ other then it could create 8 pips before go an excessive amount. it's risky other then one are capable of doing it out to create one thing.
I am not agree with your STOP LOSS and TAKE PROFIT placement because i am with the view that we should place the both behind and near the resistance line of the pair in which we are trading.
its my view quit scale back and take profit is amazingly useful for investor. i take advantage of stop scale back and take profit whenever when i business. assistance and stage of level of resistance is amazingly essential stage for take profit however when investor set stop scale back then investor ought to add few pips with support.
am constantly invest stoploss as well as the stoploss is approximately 25 pips and also revenue is actually 60 to help 60 level.I will be constantly patronise ovesold zoom and sell in overought.
A banker should set stop accident and booty accumulation according to their trading appearance and accumulation target.It depends on the arrangement they barter in.I barter in arrangement of 3:1 so if I barter for profits of 60 pips again i set stop accident at 20 pips
When i trading when the marketplace is trending i favor a new trailing halt to control my personal profit factor, however, if the marketplace is profit. if my analysis wrong, i will use martiangle system and still can make profit even my analysis wrong
I trade with 30 pips stop loss and unlimited pips of take profits. I don't ordinarily property direct make as I stay faithful eyes upon the occupation and ambient the condition shortly as I imagine the profits are enough for me.
In my way i'm using 20~40 pips for stop lose and 50~80 are Take profits. I think its better than take more risky.
I own a trader more prioritizing capital, and I would never put a stop loss, and I always love with hedging, because I think the stop loss is very dangerous, so the use of past experience of stop loss, my account is fast running out, and I compare it to without a stop loss turned out to be so much better without a stop loss, so I think a stop loss was unnecessary.It seems to me.