l after I open any trade than 1st i search next support and resistance. i place my stop loss just about these levels.
if support and resistance levels area unit too high then i follow my cash management rules. i take advantage of 2:1 risk & reward quantitative relation.
stop loss is 200pips then my tp is 100pips
it's stop loss our take profit set karne ka poora tarika hota hai jise thik se follow karna chahaiye uske baad hi lagana chahaiye market ke support aur resistence ki ache se study karni chahaiye uske bad jake stop loss aur take profit.
well i like to take 10% risk of my equity and wish to make 15% of profit what seemed to me much effective so you also can try it but i know each have own strategy with what he fell more easy so we need to make a effective money management from our own experience.
it best to work with each stop loss and trade profit within your trade, if trade profit is set 20 pips then stop loss really should be set at 50% that's 10 pips over or below your trading value depending upon the career get or sell.
i am not using stop loss in my trades and i think that stop loss is not good to use and you should also avoid to use stop loss and soon you will become an expert and you will know that why we should not use it in our trades and i think forex trading is the best
forex trading investing is easy and straightforward. though there may be dozens of totally different currencies, you would like to firmly focus no more than on four major currency pairs. in stock exchange markets, there may be over a very large number stocks to firmly trade on. obtain a beginner, stock trading often is overwhelming and time-consuming. other then, forex trading needs less analysis and is incredibly quick in order to get started with.
i use stop stop loss area is 20-30 pips and take profit area 50-40 pips and this is the best for me but i have not sufficient money for use big stop loss and take profit area i think this is perfect for me and i follow this
kuch log forex mai trade karty waqt sl ka khayal nahe rakhty hain jis ki waja sai un ko is mai loss ka samna karna hota hai yai bilkul zruri hai k ap sl aur tp ka lazmi use karay har trade k sath then ap ka profit pakka ha agar ap kahy confused hai tou ap tp 10 pips aur sl 20 pips rakhay...
brother agar ap chahty hain k apko is business main loss na ho or ap is se acha earn karein to apko chahiye k ap aik class join kar lein or os k bad demo py os waqat tak trade karein jab tak ap sure na ho jain k apko ab loss nahi hoga...
yay sari apni apni observation hoti hay koi 25 pips ka stop losss laga leta hay ore 50 pips ka tp to koi 50 pips ka tp ore 30 pips ka stop loss stop loss pips ko dekh ker nahee lagaya jata balkay is metal ya currency aik level dekha jata hay kay mostly kitna move kerta hay us side ki tarif jahan aap ka stop loss hay us ki us resistence ko dekh ker stop loss lagaya jata hay jiss ko wo break na ker sakta ho.