good use sl 30 and tp 50 pips to the open position after setting an important resistance and percent margin is still a lot of the trading realax and relaxed
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good use sl 30 and tp 50 pips to the open position after setting an important resistance and percent margin is still a lot of the trading realax and relaxed
According to me that it depends on the individual requirement if they want to stop loss after the earning of US $ 10-20 and some one is required to increase their greed and ultimately they fell down in loss because the market will never come back according to their prediction, but i use stop loss which is according to my invested capital.
evjery day you could can got 50 pips for every day trading and for every month u should got 250 pips at least if you can do it that realy amaizing for any one.
According to my information it should be higher than TP pips, But most of periods i don't use Stop-loss if we are dealing with H1 then its better to have quit reduction around 50 pips for H4 we should improve it.
Sab pairs ka different stop loss hota hay aur stop loss ko market ki volatility kay mutabiq lgaya ja sakta hay, lakin eur/usd kay liye 25 say 30 pips gbp/usd kay liye 30 say 35 pips aur eur/jpy kay liye 35 say 40 pips ka stop loss ideal hay.
adjust it with the existing capital, should not force that will only lead to failure, MM carefully calculated so that everything can be controlled
sIR WAHT TO SAY IF YOU SEE SOME TIME IN FOREX 20PIPS ARE ENOUGH TO PUT SL BUT SOME TIMES 100 PIPS ARE SMALL AND MARKET CHANGES SO FAST ,SO YOU SEE THE CONDITIONAND BEHAVIOUR OF THE MARKET BEFORE PUTTING sl.
Setup the stop lost with the precisely value because it could be easy turns into premature stop lost and cut your margins.
From my view, 50 pips is enough for the intraday trading but actually it would better if stop lost base on the strategy used.