whether to put SL in each OP including non technical as well ... because I read a lot that suggests to wear SL, but if all traders use SL ..?
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whether to put SL in each OP including non technical as well ... because I read a lot that suggests to wear SL, but if all traders use SL ..?
for me, 50% than TP. Enough already i think so
this depends to the condition, we can not determine it for every trader\s that we open, the important thing here the trader have to put the order at the right track then they can reduce the floating minus too big..and put the SL
SL set based on our readiness to take risks. For example, we take the risk of 3%. If today we are planning a trade with 6 positions, then each position is set SL 0.5% of the total capital, and the value adjusted pips.Quote:
Originally Posted by Anytime
it entirely depends on the news and you how much you want but it is seen generally that 30-50 pips for take profit and 20-35 in case of stop loss if you have small amount , in case you have good amount you can take it upto 40.
mai to 40 pip ko safe manta hun forex ke liy yadi hum 40 pip me stoploss use krten hian t ye ek badiya stoploss hoga isse huem tention bilkul bhi nhi hogi .
in my point of view here the forex market is very risky task and here we need the better plan and better experience about our trading because some time the market is gone up and down in many of pips so then if we use the stop loss then we save from the loss and save the capital
traders will certainly have a difference in putting a stop lose in the transaction, and all of it should be based on their own analysis.Quote:
Originally Posted by akp202
there are some traders who will pay attention to areas of support and resistant to be able to determine how many pips stop lose the amount they use
if me use timeframe 1 hours use takeprofit 20 and stoploss 20...so if profit i got 20 pips..and if loss 20 pips....im not take more risk to trade forex...im not rich guy to put lot of money...i think its the best for me...
if you're trading intraday style, you can place a stop loss 50 pips, for the pair eur / usd, but if for the pair gbp / usd price movements of wild and great range, you should put a stop loss 100 pips. depending on currency and your own strategy