hanji har ek trader ka apna style trading ka hota haii aur ussi hisaab se trader stop loss aur take profit lagate hai lekin trader ko jaroori hai ki wo market me analysis karke trend ko follow karke he apna order open karein aur fir apni strategy ke hisaab se he enko lagaye..Quote:
Originally Posted by NADINE
dear my simple and best plane to stop loss and take profit is to open some other trades of different currency pairs. it is exactly real thing that all trades never go into loss. i earn profit from other trades to overcome the loss. it is successful strategy for me until now in forex trading business.
Meray khaayal sa app ko trade main ya daikhana chaiya kah app trade kitni dair ka liaya krtay hain phir os ka hisab sa aapp ko tp and sl lagana chaiya ager app day trader hain tu phir app na jiss main trade karni ha os ka graph daikhain or check karain ka is time main ya kaiya high or low lagata ha tu phir jiss taraf os na high lagaya ho or market ka trend jiss taraf ja raha ho tu os ka thora sa nichay tp laga lai or os ka against jidher lagay ka is sa nichay jay ga tu trend change ho jay ga wahan per sl laga lain
SL and TP which I make use of is actually very dependent upabout market problems in which specific moment. Typically I make use of a fifty, typically 200. I foundation this upabout a daily assistance and resistance calculations. A lot of particularly, this is founded on the actual calculation of Fibonacci amounts.Quote:
Originally Posted by Jazpa
For me i am alwayes doing trade in stop loss because with the help of this the trader who worked in the forex business will be able to stoplossand also stop it for making more loss i think we should stoploss in a 20 pip and as profit is a 40 pip in stoploss !!
it is very hard to find the perfect stop loss and take profit plan in forex because if the traders will use the good take profit and stop loss plan then big players will see their trades and they will try to beat them with all of their efforts
i place stop loss to nearest support or resistance based on my trading plane, because support & resistance always work
25 pips could be a little bit of terribly tight stop loss. worth principally moves in long ranges than that, however you're lucky if you're obtaining sensible results from it. I invariably set the S/L and T/P nearest to the support or resistance level and often alter it because the worth moves on.
main apna take profit 30 pip per set karta hoon aur main stop losss nahi lagata kiyon kah market up down move hoti rahti hai. mairi jo trade loss main ho wapas profit main bhi aa jati hai. main stopp loss us wakt lagat hoon jab mujhe 20 pip tak ka profit ho chuka ho. kiyon agar market opposite move kare gi to maira profit safe rahe ga.
I am trading in demo account from last months.
I am trading not including using stop loss but initially I got big loss.
So I decide for setting stop loss in scalping trading also.
I set stop loss far above the ground and low of last three candles.