I think there is no age restriction in forex trading and it can be done by any age group people. But under 18 years should not be involved in this business and they should only concentrate on their academic studies and enjoy playing with their friends and family members. Moreover forex trading needs lot of maturity which I think underage children could rarely show.
I always settle for take profit as 50 pips and stop loss at 25 pips. So far I am successful in making good trades. What are your orders?
---------- Post added at 04:56 AM ---------- Previous post was at 04:52 AM ----------
always settle for take profit as 50 pips and stop loss at 25 pips. So far I am successful in making good trades. What are your orders?
well if i accessible any barter than aboriginal i seek next abutment and resistance. i put my stop accident abreast to these levels.if abutment and attrition levels are too top again i chase my money administration rules. i use 2:1 accident & accolade ratio.stop accident is 200pips again my tp is 100pips..
You moldiness believe how you'll uncovering equities to merchandise and what are the paw locations to visage; how to refine your hot identify of stocks; the terms you are option to pay for them; how to interpret marketplace indicators and how to show subject product mart reports to amend you in trading hereafter equities .
My perfect plan for stop loss and take profit is 1:2 risk reward. its mean when i set take profit of 50 pips. my stop loss will bne 25 pips. so its 1:2 ratio. and i think its very good ration because, if you win u get 100% but if you loss u will loss only 50%..
My stop loss depends on the point of entry and then the reward at stake, i am always careful and also learning to be more careful while placing stop loss as this will go a long way to determine how long i can go in the market in the long term
it best to use both stop loss and take profit in your trade,if trade profit is set 20 pips then stop loss should be set at 50% that is 10 pips over or below your trading price depending upon the position buy or sell.
mein ne forex trading 100 dollar se start ki ha aur es leye mein ne es mein daily ki planing ki ha k mein ne es mein daily k 5 dollar earning keran ha aur mein es se ziyda ki greed nehi kerta kun k es se ap ko lose bhi ho sekt ah es leye mein hamesha wo hi trde kerta hun ji k conform muj ko pta ho k ya wali trade 20 pips up and down ho gi
hmm me new here yr and i newer trade cox am new user and am a student i want ti knwo about but when trader set stop lose then trader should add few pips with support and resistance level.
as per my knowledge we can not set our stop loss value in EA trade
EA trade in auto he and tp its self if we are going to change then its can accept that change if EA is runing.
i have only one testing of EA.my EA can not accept manual changes like change sl and tp.