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Risking 100 pips and targeting only 10 pips is a very illogical business here in Forex trading the best a man can do here in Forex trading according to my trading strategy is risking 50 pips and targeting 50 pips here in Forex trading and I think this would be logical.
i saw traders sometimes risk 100pips or more for gaining only 10 pips ..i never think this kind of attitude is good enough for making profit in Forex ..we need to less our SL and give TP more higher ..
Yes it is possible,trading is what lead to more profit and avoid loss is dependent only on the proper method for trading ,I want to be a full time professional at forex trading market as I'm still here as a part time professional.
maybe once. Good management is needed here. we must be good at calculating the risk that we can receive to make some profit. perhaps by risking 100 pps we could easily get 10 pps. I think this is normal.
One thing you must count in, though, is that you can have 10 winning trades only to be wipe out by a single loss. On the other hand, if you get your loosing trade up front, then you need more than just 10 winning trades to get even. No matter how good your strategy is, from time to time, you'll face a loosing trade which begin the moment you open a position -- meaning that your indicator shows a wrong signal then. When that happens, 100 pips stop loss could easily be hit.Quote:
Originally Posted by Hamza Guizi
This plan failed because of course if I win for example, won eight and lost two deals are the result = 80-200 = -120 In this case, you are the loser if the opposite was possible
yes, it is possible, mate. it is depending on the strategy which you will choose. but never forget to use stoploss. best wishes. thank you.
As you are you using 1H TF and 4H TF together,do you just set your stop loss 50 pips.......to risk 2 percent of your equity than according to that calulate you pips and put a stop loss there.
I think it is not correct for the trader because take profit and stop loss ratio is very low for this reason ratio should be more larger like 50 pips take profit and 100 pips stop loss and i use this ratio and i think it is the best ratio for the trader.
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