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SL have to be seen from condition of indicator which we wear. every indicator have distance of SL separate. if this used for the technique of scalping. possible best SL is 10pips. if this used for the technique of long distance hence corresponding to your choice indicator.
its depend on support and resistent and depend on the timeframe which i use to trade, if i use low timeframe, then my SL will different with if i trade using higher timeframe
need to analyse and be successful in forex trading can actually be added in market consideration have the capital and of loss of capital correctly conditions management forex financial condition in the forex conditions market managementQuote:
Originally Posted by forexmoney
Stely and trader patterns is crucial in this regard ...
If without SL that should definitely be taken into account is the security margin / MM, regardless of this would be very risky to have been touched by MC
Yes.SL input depends upon the type of trading too.The ratio i told is for normal swing traders.
But For Scalping i always feel that one should never provide SL since there are lot of chances to get SL triggered since its a very small value.
Stop loss is effective to safe we money from strong back trends, so use stop loss is very recommended. If me use stop loss 10 Pips for short trade and 20-30 pips for long trade.
It depend on your take profit and how you trade.
but always make the stop loss not more than the take profit. I like to set it smaller than the take profit so that if you win 2 trades and lose 2 trades you will end up with profit
i agree with your opinion regarding the for scalping i always felt that one should never give sl because there are plenty of opportunities to get sl triggered since its value is very small money management is one of the business or the appropriate action to be a professional trader makes trading account remains secure because it is always taken into account in every execution of tradingQuote:
Originally Posted by forexmoney
mery kheyal sy stop lose 35 to 40 pips ka hona caheye keun k market ka koi bhrosa nahin hy market 10 peps oopar ja sakti hy 20 pips nechy bhe a sakti hy is leye 35 to 40 pips ka idea acha hy agar market 40 pips sy oopar bhe chale jati hy to aap ko itna loss nahin ho ga.
many pips are used for the SL course depends on the capital and her MM. but I always use 30 pips SL. This thing I do to cope when the prices have corrected. This proven and effective way to achieve a profit.