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it varies on traders strategy and the situation of market. according to me ST should be greater than TP. Sometimes i don't use ST, if i then i use not more than 50 pips. if u want to increase or decrease this point u can, it depends on how much u can afford to tackle the loss.
There is no particular SL and TP and it depend fully on trader and his/her strategy and depend on how much balance there. Setting stop loss and take profit depends on market situation, sometimes you can set stop loss to 50 pips only and sometime you can make it 200 pips. Its all about your study and market condition.Quote:
Originally Posted by Anytime
In my opinion the place a stop loss depending on market conditions was happening at the time. if we use a large time frame, then the stop loss should be placed higher. if we use the daily time frame, it may be appropriate stop loss and the safe was about 200 to 500 pips for EUR / USD.
I did not put a stop loss, but I use a cut loss based support resistance. You can make money from forex, but you need a profitable strategy. I do not have a teacher, and I am self-taught, learned from the experience was very nice. I believe in my own analysis
I think 30 pips is quite safe when trading on Wednesday and Thursday you, because on that day we will get a price movement which is very safe and well in our trade in the forex market, in addition to just use the currency pair EURUSDQuote:
Originally Posted by Anytime
This way, the stop loss may differ trder different. some half use or take advantage dual use take profit or use manual. but I use a double take profit. This is safe for me. and I find with it
समस्याओं को रोकने की आवश्यकता पर आधारित व्यापारियों वास्तव में हां हो कर अपने जोखिम पर आधारित और आय निष्ठा करना चाहते हैं तो वे जोखिम की मात्रा और वित्तीय से निर्धारित किया है.यह काम पहले से ही है।
I think 50 pips safe enough master because usually in a normal market movement then we can determine the exact position and also can obtain the perfect result in reaping the rewards of trading that manyQuote:
Originally Posted by Anytime
Trading krney k liye knowledge chahiye or knowledge working krney sey he ata hai mere hisab
sey jub b stop loss lagaya jaye wo market ka trend daikh kr he lagaya jaye or kum sey kum 40
pips ka hona chahiye ye app ko loss sey secure rakhta hai
I trade forex every day. And before trading, usually in the morning I reflect and making my target for getting 50 pips per day. Although sometimes, I do not get it but almost in five days in a week I get it. I mean every day 50 pips.Quote:
Originally Posted by Anytime