G ye to market per depend karta hai es k bary main koi ek ray nahe de jasakte jaise market hote hai waisa eska hesab hai.........................
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G ye to market per depend karta hai es k bary main koi ek ray nahe de jasakte jaise market hote hai waisa eska hesab hai.........................
we cut loss account if we are truly threatened / critical because it does not use stop loss. very difficult for nubie like me to immediately cut loss when we misstep. for that I prefer to use SL, think again because if it's not wrong, so direct contact with .
I know 50 pip is all the best for set stop loss i think all trader set this target for make money from forex business. forex business is all the best business for trader but need good experience for make money from forex market .
i think we should identify mayor support and resistant level to place our SL. we should not set it too close with our open position. we should give room for our trade to move, if we trade in volatile pairs then we should set big SL. SL is use to limit our loss so we should not change our SL so the price will not hit out SL. we should practice good strategy that SL possibility can be minimized.
about putting SL & TP every traders will start in forex at some point and all newbies will have to under go all possible hardships every trader encounters in his forex trading life. Its through experiences and countless loses that a trader will be much stronger and wiser when dealing with the market.Quote:
Originally Posted by ntoed
I always adjust to the market conditions at the time I do the trade. when the market is so messed up, I usually take into account the strict about SL. but are evident in every trade, I always use SL. because I think SL is the most important in forex trading, which helped us minimize the risk, so that will make us able to survive well in the forex business.
No there is no support or resistance level for markets now a days as the market can go to any level on the both sidea means on higher and lower level.so better to put SL at a point where market may not reach in near future ,very far from the presnt levels and support and resistance level so that it may not strike SL level at allQuote:
Originally Posted by hend
really like it,, everyone whose name has experienced loss ... if you want a larger profit than loss, then get tricked by installing SL: TP = 1:2 ...
Regards green
if your trading system says you have to put your sl level higher than tp level,okey so long as there are more winnings than losses,but lately i usually put my sl level equal to tp level based on the fact that my trading system has more positive trades than negative trades,so i dont get scared if my sl hits,because i know that if i follow my strategy properly my account would be on a positive balance at the end of the trading day..
it is true what you say aboutit is true what you say about we cut loss account if we really are threatened / critical because it does not use a stop loss. very difficult for nubie like me to quickly cut loss when we are one step but still they need are our emotions, do not let emotions are controlled by their ownQuote:
Originally Posted by aksay