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.
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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.
I consider there is no particular SL and TP and it depend fully on merchandiser and his/her strategy and depend on how some residual there . for me sometime i superior 30 pips and sometime also 50 pips and it depend on industry but e'er put one so we can not mouth the mathematical pips for environs act failure..it depends on state to place and merchant to dealer
that will depend on the news. if their is a news that will huge impact the market then you can get lots of pip on that trade from sell and if their is a news which will not impact on the market then you can get low amount of pip from your sell. so i think that will depend on the market news but you have to think that in forex market by and sell is the same things.
i think more than 50 pips will be safe for SL. with less than 50 pips, we will easy to get stop loss. or we can use more than 100 pips, if our take profit can be more than 100 pips also. it really good stop loss
In determining the stop loss I use several ways to determine this, one of which uses a number of indicators in the analysis beforehand once I found the right spot to set a stoploss then I will immediately put it,, try each one of us to use stop losses will adjust the number of points we make as limiting lossesQuote:
Originally Posted by to_be_number_one
Certainly that the use of stop losses is too helpfuly to stabilized the emotions when treding, but hedging is very disturbing to the mind as it is still burdened with the released slah one positions, I think for a professional positions is not as a problems, because it was used to deal with pressures, but for beginners it is very difficult to get out of pressuredQuote:
Originally Posted by diploadil
i don't got a exact range of pips to firmly take profit neither stop loss i solely got a ratio for that if you do in fact take profit by 1 you must place the stop loss is 1 or 1. 5 therefore can have'>you'll certainly will have best ability to get profit ! though it's very risk as a result of if you get lose you may lose a little more than you earn ! therefore attempt to win a little more than lose !
I think that my stop loss safely about 30 pips, this is to anticipate the event pembalikaan prices. but in trading I prefer not to use SL but only use TP, this I did with consideration of the use of lots and capital must be wise, or about 10 percent of the capital that we use for trading..
i think the 50 pips stop loss is more excellent in the forex tradings. sometimes i like to use this stop loss and some times without using the stop loss i have to do the trades. this market is danger market where it is not easy to do the tradings.
In my opinion, i will say 30 pips for sl and also 30 pip's for tp also, sl is very important to stop losses when we are profiting, but the pip's may vary according to different traders. Thanks :)