it is true my friend. Stop loss and consider profit ought to constantly based mostly on risk reward ratio. as for myself, i typically use 1 : 2 comparison, thus every time i targeting 20 pips, then my SL will certainly be in 10 pips.Quote:
Originally Posted by Jazpa
Yes < take profit and stop loss yeh men msamjhta hoon k is business ka sub se bara advantage hay , or men is ko bari planing k sath use kerta hoon or yeh bilkul thek ja raha hay
main market main jab trade lgata hu to pehly analysis nikal leta hu aur phir trade lgata hu. mains top loss ziyada'tar nahin lgata. sirf take profit lgata hu. aur jo t.p lgata hu woh perfect lgata hu. chahy woh 5 pips ka ho ya 50 pips ka ho.
I have noticed that most traders don't use stop loss, and i think it is because they don't know the right place to place it, and also they don't want their capital to reduce whenever stop loss is hit
main stop loos aur take profat diffrent used karta ho main kam sa kam stop loos 30 pips sa 40 pips tak stop loos used karta ho aur take profat main sirf 20 pips tak used karta ho mere kayal sa 20 pips tak profat theak hain mere laye to ja take profat theak hain
take profits to theek hain lekin main stop loss lagana theek nahi samjhata hu maine kafi baar dekha hain stop loss hit hokar market fir se reversal ho jata hain aise mein kafi gussa aata hain isliye SL nahi use karta hoon main abQuote:
Originally Posted by waqasmanzor
i prefer to have fixed stop loss in all my trades and i like it to be very small, i make all my positions with 20 pips stop loss because i consider it losing position and wrong analysis when it floats more than 20 pips in minus
Prior to I build an purchase in forex, I will be able to analysis the actual forex trend first. When which, I will be able to build orders along with stop loss and goal there. Then I will leave the marketplace for a good length of time.Quote:
Originally Posted by Jazpa
I will analysis the forex trend first.After that,I will make orders with stop loss and target there.but every trader is different, depending on the trading strategies used.
I am always use stoploss in forex market but i think you need to set ur SL and TP according to support and resistance level