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its depends k ap kon si currency pair use krne lagee, agr eurjpy ki bat ki jaee to uss m to ap ko boht ziada movement miley gi to ap ko stop loss b ziada pip ka lagana pare ga or volume kam rkh ke,agr eurusd ki bat krien to movement kam hai, wahan normally ap 20 to 30 pip ka stop loss laga sakte hain
I think it is depend on you how much capital you have and how much you are willing to take risk.it is also depend upon your study and experience.so there is not an exact number of pips to use SL it vary from person to person
ya to ap pa depand karta ha ka ap kon sa currncy pair use kar rahy ho normaly ager ap usd use kar rahy ho to 40 to 50 pips kafi han or itna he ap take profit main b la sakty han ager ap uero,jpy ke bat karin to os kamaz kam 60to 70 pips hona zarori ha i think so.
I believe there's no specific SL in addition to TP and it also rely fully on broker in addition to the woman's approach in addition to be determined by the amount harmony at this time there. but I take advantage of increase associated with get profit. this is safe and sound in my opinion.
I think it will depend on our experience setups each, I usually set the SL is 30 pips and it made me feel safe sometimes I also set up more than 50 pips SL and but that will depend on the style of each trader
This is true that you just mustn't set stop loss at over you can afford to lose. however whereas determinant stop loss you should think about few alternative factors yet, initial whether or not risk reward quantitative relation is good once you set stop loss at this level, and second is that the stop loss you set is purposeful i.e. slightly below support level for long positions and simply higher than resistance level for short positions.
I think anyone who is trading without using sl sl or not put in the open position,
I guess it can not be called a master, as I'm sure all the master must use sl ..
it is more required that we should put the stop loss in our tradings. if we will try to put the stop loss then our tradings will be more excellent and then we may do the right trades. good stop loss is the 100 pips normal stop loss but should be at such a place so it should not hitted easily.
There are thumbs down fixed amount with the intention of can be assumed as a advantage esteem since by hitting sl you constantly grow losses.But it depends on you with the intention of how much loss your checking account can tolerate and furthermore you maintain an adequate amount of boundless margin to start a further situation.I customarily make sure of not probability more than 5% my justice on a single trade and mostly 2 trades by the side of a instance.!!!!!
you can set stop loss to 50 pips only and sometime you can make it 200 pips..Its all about your study and market condition. for me soemtime i select 30 pips and sometime also 50 pips and it depend on market but always put same in tp and sl.