I think it depends on the trader to use good money management, due to the placement of SL should also be calculated with market conditions as well.
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I think it depends on the trader to use good money management, due to the placement of SL should also be calculated with market conditions as well.
I am agree with you because most of the time my terget also 50 pips and about your opinion of SL its really urgent each of our trade i think. because without sl i think we are taking very big risk when there are very much movement of market sometime.
yes i also think so . when we do scalping then everything happen very quick and when all time infront of our pc then its not necessary to use set SL but without scalping its must be set SL and TP because it may secure our account.
yes i think you are correct because before i faced such due to net connection . i just see my position and dont put sl that time thinking that i am infront of pc and that time i lost net connection and that was newyork session and due to heavy movement of market i lost good number of pips . so i think its always better to put sl first then observe the open position.
I do not go for fixed number of pips for my stop-loss and target. I do trade based on pivot point analysis and I prefer to go till the resistance or support level for my target or stop-loss level. When I do scalping I might go fixed number of pips for my stop-loss.
It is more important to you that you have to place the stop loss at appropriate level so that you can not get hit the stop loss immediately and you may get profit from that trade. Just go for the charts and get the major support and resistance levels at that place you can place the stop loss.
Yes, i agree with this. The stop loss should be used by newbies. And the place where stop loss is placed is according to your analysis. For example, if you hope the market will move 20pips high. You should enter in correct entry. Then, if you feel the market cross some point and will reach reversal, then place stop loss in that point.Quote:
Originally Posted by Anytime
when we are trading then pips are depend on market movement i think its depend our market judge also when we see market gong up or down then we take that decision how much pips we take in profit and how much in lose .
main to scalping nahi kartahoun sirf freetrading kartahoun yeni k main stop loss nahi rakhta jab dekhta houn loss ziyada horaha hato phr maines ko closekarta hounnahi to mainkoi stop loss nahi deta houn hanager ap scalpers ho to app ko take profit jitne pips rakhtey ho utne he app stop loss pips rakhu ye mera khiyalha perapp apnestyle sehe trading karto ye bast haQuote:
Originally Posted by Anytime
determine the stop loss is easy ... the hardest thing is to regulate our emotions, in the beginning we set a stop loss of 2% ... but in the middle of our trade to replace it be her 5% ... it is difficult to control ...