I agree with you. or you can stick with many expert said which recomend if we should risk only 2% of our equity. So adjust your stoploss, and when stoploss touched, it only spend 2% of your equity. But the decission absolutely is yours.
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I agree with you. or you can stick with many expert said which recomend if we should risk only 2% of our equity. So adjust your stoploss, and when stoploss touched, it only spend 2% of your equity. But the decission absolutely is yours.
I agree with you, pips for SL I mind it depends to support and resistant although many traders use pips accumulation but I think it's not good, because some time the price return we touch our stop loss, so I use support and resistant as stop loss place
yes I agree but I would like to say some thing that if you are able to use this tool (stop loss) than you will define your maximum bear able loss and ultimately i intrested to use take profit tool which is very benefitted for us.
ya i think you just on point on this issue, but in my opinion i think sl should be based on your risk to reward ratio because with this you know what to expose base on what's in for you
yeah right, depending on how much trade we could accommodate the loss, but in theory I could, I would take the SL than 4 times the target TP, may be more, because it all depends on how we can keep our losses trading sector in it, but honestly I still can not consistently use this SL.
i think SL point always depends upon the trader's capital because if trader have low capital then he have to put stop loss in early stage but if he have enough capital then he can put SL by calculating his loss. So i think trader always have to put SL on the right point so he don't have to face huge loss.
Stop reduction may possibly uniquely simply by unique trader. Many make use of 50 % of the get profit as well as many make use of two times involving getting profit as well as many make use of guide book. Although I take advantage of two times involving getting profit. That is protected in my opinion.
We just use a number of reasons and conditions before we traders could use the stop loss and take profit setting. The most important thing that decides this is actually the strategy that we are trading forex with..
I use SL to market conditions and adjust my strategy. and there is no fixed calculation for me using SL. but certainly in every trade, I would use SL. because the SL is very important to keep our accounts in order to avoid too much loss. so in my opinion, to use any strategy in the trade, we should always use SL for our trade, so that it would minimize the risk of this forex business.
total pips to determine stoploss in positioning safe terminologicals me am 70-100 pips, total this stoploss's number rare touched, so while market change by reversal we are still have chance to reduce loss zoomQuote:
Originally Posted by Anytime