In forex trading business market stop loss tools use is very important for all forex trader, because stop loss use for we can do big loss save on our trade in forex market. So i think that on trade 30-50 pips is safe for stop loss in forex market.
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In forex trading business market stop loss tools use is very important for all forex trader, because stop loss use for we can do big loss save on our trade in forex market. So i think that on trade 30-50 pips is safe for stop loss in forex market.
from my trading experience .. I usually use a stop loss 50 pips from the opening price .. so far I feel comfortable with a technique like that ..Quote:
Originally Posted by Anytime
I usually only make a profit target that is not too much in any trade. because I am aware of my ability that has not been too good. Therefore, I also use the same SL with profit targets. I usually use a 25point for SL. SL does it become very important for any forex trader, because it is a limitation losses we may experience in forex trading.
Stop-loss is to prevent the loss of so many of our accounts trade during the good. We know it can be very dangerous. If we do not take the necessary measures, we are losing money, we of course. Stop-loss just allow us to solve this problem, but we need to find a perfect study on SL Exchange, depending on the amount of our investment.
To see when the hated me from the acc Windsurfing I like the lack of patience with sl sl 20 pips that and went to see my direction after the price of hate. When these traders need to overcome or he lost
professional traders usually use MM (Money Management) in order to find the green-green, the suggestion that tau i of read and read. which determines a person's true trader is actually what the heck? traders who do not use SL? if so I chose a regular trader wrote, the true essence MM not have used appropriate
at least a sl merely touched, the next still have a chance to trade and learn more ..
if the taxable mc, should deposit again if you want to trade, and lessons learned only once ..
Let's choose where ..
Agreed, not the intent to prejudice will always touch the SL within trading .. But all to maintain accounts of the MC .. At least we can anticipate the risks that exist .. Because forex has the same risk with reward his big ..
It is better to choose stop loss pips based on the open lot size and how much a trader intends to risk. My normal stop loss level is always 50pips, because i trade half a mini lot which is 0.5 instaforex lots.
I find that in scalping using sl is not good because price moves so rapidly that it might return. And scripts are a Download-able from a MetaEditor.Also use closed a script to closed orders when there are requoted !!