What this basically means (for a sell pattern) is that if the price closes strongly above the high of bar No. 1 we have a very good idea of where its gong to go.:)
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What this basically means (for a sell pattern) is that if the price closes strongly above the high of bar No. 1 we have a very good idea of where its gong to go.:)
it clear we will not really know the market movement for a second or a minute later, because it's always possible that we will experience an error in analyzing and predicting the market, so that will make us lose. because it is important for us to always use SL to limit any damages that we may have, so that we will never lose too much. it will make us able to survive well in the forex business.Quote:
Originally Posted by sayidatul
stop loss set karne ke liye hume pahle market ki movement ko dekhna padta hai, aur high aur low ko pahchana padta hai, aur jaha se hum entry karte hai, wahi se hum top or bottom stop loss set kar dena chahiye.:)
mery khial ma agar hum sell kar rahay hain tu hamain daily chart ka high stop loss rakhna cahiyay.lakin agar hum buy kar rahay hain tu hamain daily chart ka low stop loss rakhna cahiyay.ya ak buhat hi acha method hai.:)Quote:
Originally Posted by dareking
from what my experience tells it is better to not put only stoploss you should put stoploss along with trilling stop soQuote:
Originally Posted by dareking
if you wanted to put 50 pips stoploss then you could put the stoploss to 30 or 40 pis and put trilling stop of 20 to 30
i think the good stoploss is about 20 t0 30 pips for intraday traders and trilling with 15 pips
You can set discontinue loss to 50 pips only and a little bit you can create it 200 pips. It’s all about your learning and market condition. It depend fully on trader and his/her strategy and depend on how much balance there.
I think standard sl from my views 20-30 pips the better for set your stop loss. I am right or wrong can you advice me any body its ok or not. I think it will be standard for set stop lose.
You can make $250/day, which equates to $5,000 per month over 20 trading days in the Forex market. Assuming you have a good Forex education and enough practice, the big question then becomes: how much money should you start with?Well, lets see how this looks: A typical stop loss shew
According to my knowledge it should be greater than TP pips, But most of times i don't use Stoppage disadvantage if we are trading with H1 then its punter to change Catch expiration around 50 pips for H4 we should gain it.
About SL I think its depend on traders account balance but I also think if there is sufficient balance then its not bad. But for me it may differ for market condition but 49 pips is not bad and most of the time I used it but TP is 30 to 40 pips.