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there are a number of online business but forex trading is one of the best business of asia . there is no fraud in it . forex trading is too much reliable people can join it without any difficulty and they are confident about forex trading
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I am always trade with stoploss and the stoploss is about 30 pips and profit is 50 to 60 point.I am always buy at ovesold zone and sell at overought
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I think i've already put the stop loss in each open position and a cut loss order if my total capital is reaching the limit that i setups. and I trade with 50 pips stop loss and unlimited pips of take profits. I don't usually place take profit .
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I am new to forex for 3 months and a lot of information that I got from the experience of this currency market. I initially thought that forex is one way to get money in a way that is easy and fast. but after entering the forex world is not like that one can imagine. to gain profit from the trade we do must be accompanied by a robust analysis and prediction to determine the position to buy or sell.
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It is very important to make quality posts which gives better information to members or newbie traders who are looking to learn from this forum.Quantity of posts will definitely earn you some extra money but it will not solve the purpose of learning from this forum.So guys focus and maintain the quality of your posts as well.
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Which i be satisfied with consider revenue seeing that 50 pips and stop burning from twenty-five pips. Which i established the actual SL and TP nearest on the help as well as amount of resistance stage and ofter transform that because the selling price moves on.
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mera bhi aapke tarah same he. mera manna he ki kuch ea accha kam karte he aur kuch just scam hote he. jo wa free nehi he most of them are good. but maine abhitak ea buy nehi ki. filhaal ek ea vps me dekar try kar raha hoon. agar wo this month accha result de to main uske bare me sochunga.
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think this is a very good article, i needed such article to increase my knowledge about stop loss and take profit. i traded yesterday using a demo account and i have used stop loss and take profit. i did not have any specific plans about stop loss and take profit, in the end i lost more than what i gained (virtual money).
after having a look at this article, i think i need to come up with a strategy. if i trade $100, i will probably set the stop loss in such a way that i do not lose more than $50. i will probably set the take profit in such a way, that i do not gain more than $50.
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My stop loss and take profit plan is according to the market and the order I place. I chose the order according to the market and according to the situation and then place stop loss and take profit.
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I think Forex is an easy business to do and everyone can do this business but we should not take this business too easy because learning of the business is very important before starting trading and it need a smart mind to earn money in Forex.
