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the perfect stop loss is the stop loss that can't be hit many times per day. it should be away from the current price in a strong place that act as a support line
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i agree with you..but in case we don't have more time to give the forex then we can go for long time..
some trader feel halt problem with continuous setting on computers..they can design their trading system that not need to sit a lot of time in front of system.
i am also doing long term trading and learning short term. in long term trading i use stop loss but in short term scalping trading i am not using stop loss.
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کی تھوڑی بہت سخت نقصان بند ہے. زیادہ تر قیمت میں موو بنائے ﮦفتﮦ 03 جولائﯽ سے زیادہ خوش قسمت ہیں, لیکن اپ اگر اپ اچھے نتائج حاصل ہے. مجھے ہمیشہ قائم کی اور sl دینے کے قریب ترین سطح پر مزاحمت کی حمایت اور ofter یا بدلانا کی قیمت پر محیط ہے
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Of course, the use of stop loss strategy and take profit to me is very effective at all in the forex for profit and avoid loss. as a beginner, the use of stop loss and take profit safer to use and also more profitable, especially if we are not too large capital
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well i feel 25 stop loss is a little tight if you are trying to make a 50 pips profit. your stop should have some breathing space and it should be like 40 50 pips wide. at least that is what i do
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I am trade in FX market more than 6 month. Yet now i never use stop loss option because i am open trading deals with small lot so that i get some strong support from my capital and i open deals when a profit able time come.I am use take profit option most of the time and every time i set it 50 pips.
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i think that you method is right personaly i make 5% is risk of my capital with 1000 dollars and 1 lot a make 50 pips in risk and my target will be of course the double of the risk 100 pips
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The perfect stop less plan Forex trading business can not accept manual change open position my stop less there to trading perfect.
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both of the plan can be successful.if you take stop loss plan you also can be profitable without any less risk.but i think take profit plan in more effective for make more profit.
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You are setting your stop loss 0.5 than your take profit. this could not be done as a result of there are a lot of possibilities that your trades can hit stop loss over take profit. therefore it's higher to alter your stop loss to same level as you used to line take profit.
