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Well this is a very good clarification and very good example which you mention in you statement i think beginner mind will be clear very easy to read this post because many of the person is confusing just because of putting their level.So thanks for sharing.
Yes, our mindset that we have in forex dealing can impact us to business efficiently. The putting of stop failures in our deals delivers up making of more errors if we are taking the wrong dealing choices. We must be cautious if we are establishing up our TP in our deals.
you posted it in a good but i think it could be more simple words ,any ways its well placed me also . i will try to follow your reasonable tip but its just a tip to follow for sometimes and yes one must tell how the profit should be taken and how much the loss should be bear by investor.
---------- Post added at 07:39 PM ---------- Previous post was at 07:26 PM ----------
ap k kehne ka matlab ye to nahi k jab wo speech kerte han to us waqt loss hota ha ??? per aisa Q ???? or ye loss kis halat me ho ga ??? kia market buy per jati ha ya sell per. kam az kam ek simt to jati ho gi na jo k ek person ko profit or dosre ko loss kerwai ??? ap is bat ko bhi identify zrur kijye ga agr ap k knowledge me ho to please
I am starting with stop loss placement for a couple of important reasons. One, you always should think about risk before reward and you should be at least two times more focused on risk per trade than you are on reward. Two, we need to determine our stop loss to then determine our position size on the trade, potential dollar loss and gain, and our R multiples.
The main reason that ready me get a profit is the tolerance, I just apply it in every trade that I do, I do not use a trading system is difficult and does not use a lot of pointers in the stand that I routine.
I enjoyed reading the topic your way of placing stop and take profit!
We All agree that placing stop and take profit is important things in Forex Trading
Thank you for the information
my best regards
in my opinion for beginners should take 20 to 25 pips profit
I think it is safe and possible targets to be achieved
other than that use SL about 50 pips
Hi,
Good info a person provided people brother. We've in no way listen concerning this.
I just entered the promote position whose halt loss is actually slipping with 00 levels based on my analysis ( EUR/USD SL 1. 3200). Nevertheless now I will wear it 1. 3210 to test the veracity of your place. Thank Forex..............
In my strategy stop loss or take profit I determined from my used indicator.When my combination of indicator give me signal to open position I opened but when any one indicator change his direction I closed my position.If loss or profit.But fortunately when I calculate after month I see some handsome amount collected in my account.
this enables us to execute our forex exchange trading plans effectively and make us have the chances of making better trading results and much profit we get for that we need to determine how the ratio of Stop Loss and Take Profit will we get on each open position.Quote:
Originally Posted by shifa1