i think it is very difficult to say that how many pips are better to safe its your own desission how many loss you afford that can not hurt some it hundred pips and some time it not touches 20 pips
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i think it is very difficult to say that how many pips are better to safe its your own desission how many loss you afford that can not hurt some it hundred pips and some time it not touches 20 pips
hundred pips and small traget in pips depend in capital and startegy that use in trade, trading in real market must use small risk, hundred pips targetted is very hard in trading, need big capital and use strategy in every trade in trading in real marketQuote:
Originally Posted by usman1985
I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers. if i trading daily, i will use stop loss for 50 and take profit for 50 too. because i know hat market moving in range 50 until 150 range..and gaining 50 pips is very good for my trade
in addition depends on the ability of our capital, I usually also depend on market conditions. because I do not have the exact calculation of how many pips that I use for SL. so that I will always adjust my analysis with the calculation of SL that I use. important I will always use my SL in any transaction, SL because it is very important for the security of my capital.
if indeed we can not afford psychologists accept defeat without SL should we use SL, but if we can mentally accept MC legitimate "just trading without SL.
Do not make us into a double loss for trading (already less stressful anyway)
Mery khayal se tw 30pips kaafi hain stop loss k lia or humy itna lalchi b ni hona chahiya k hum stop loss itna bara rkhain humy stop loss chota rkhna chahiya or take profit phir bara rkhna chahiya ta k hum loss se bach skain or profit hasil karain sirf
I put a stop loss based on the calculation of money management and analysis support resistance. and for my stop loss is very important, because it can to limit losses. without a stop loss, you can get a big loss and a margin call, it is very risky
Brother it's depend on your strategy.I take my entry by follow news.So i set 10 pips stop loss.But if you make your strategy for long time this time you should set 20 or 30 pips stop loss.Thanks brother.
Well we can use SL or not depend on your strategy. you should give you best in every work you do and this is obvious that success will come on your path usuually.So I admire your hard work.Do not worry about success.Hard work is everything in this world.Quote:
Originally Posted by Saimun Ahamed
I think a good stop loss placement, depending on the currency pair that we are trading and also depends on the time frame that we use. if we use the time frame H1 on the currency pair EUR / USD might be we put the stop loss 30-50 pips. but should we entry the market, if the signal very valid.