You should calculate your stop loss depending on the size of your position and the leverage you're using. There's not a specific stop loss value that can work for everyone! It all depends on your position and your analysis.
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You should calculate your stop loss depending on the size of your position and the leverage you're using. There's not a specific stop loss value that can work for everyone! It all depends on your position and your analysis.
mere hisaab se stop loss ka use karna ye humari strategy par hota hai, aur kitne pips lagana hai ye humare capital par hota hai, ye dono cheez ka use hum dono ke hisaab se hi karte hai, hume sahi calculation ko karte huye ye lagana padta hai.:)
agr aap scalper hain to phir to aap ka stop loss kafi small ho ga, balkay aksar scalpers to stop loss ko use hi nae kertay. phir agr app day trader hain to phir aap nearest support ya resistance level per apna stop loss rakhian. or agar aap swing trader hain to phir start ya end of trend per apna stop loss select karaingay.
thanks for the explanation rebate lover, it getting clear for me if SL is very important to avoid us from blowing our account, normally i always use 50 pips SL and for TP is tentative is depends on how the market situation, for sure as long as we have the right open position , we can minimize our risk of loosing pips. regarding for averaging, i never use it because i dont know how to use it,, hahaha,, and the more important i remember what my master told me, just play normal, no need ot averaging, locking or etc, since i m still newbie.
Most of the time i do not adopt to use stop loss. I anticipate it is not a acceptable affair to use for every individual trade. If you accept able aback up, again you do not charge to use this. Actually pips on stop accident depends on again bazaar situation. On an boilerplate 100 pips will be acceptable for stop loss.
I usually target trading 30 pips per day and therefore we should not be too big in the placement of the target. quite a few are important we can make a profit, do not dream could continue to profit, any profit we should be thankful, so we sought a trader should always be patient in the target profit... do not let us do the trade over time which is not allowed by the rules that have been made
if the entry point in the forex is wrong then we can not get the good and easy money from the forex market and every stop loss will be hitted first before to touch the market and we may not be able to get the easy money.
Evey good trading needs proper stop loss set. this stop loss should be set depend on what type of trading is being executed and what type of trader you are. do you think day trading, position trading, swing trader or scalper. on the basis on it you have to decide. but remember not to set tight stop.
Taking profit in pips when you scalping has no limitation. It totally depends on market situation and traders decision. How and when the trade being closed or open in scalping time it also depends on traders mentality and target. But usually I think 15 -20 pips profit can be handy in scalping time.