With my opinion High impact news me market 100-200 pips move kar jati hy. Is liay sl hamesha utna rakho jitna loss aford kar sakty ho. or tp hamesha itna rakho jo easily mil jaye. greed me aksar account blow bhi ho jata hy..
With my opinion High impact news me market 100-200 pips move kar jati hy. Is liay sl hamesha utna rakho jitna loss aford kar sakty ho. or tp hamesha itna rakho jo easily mil jaye. greed me aksar account blow bhi ho jata hy..
I think the perfect stop loss plan and take profit plan depend on your analysis if you can make good analysis then you will find the perfect stop loss and take profit plan and your trading strategy will be good.i think it is very important to find perfect entry point ad exit point for making good profit.
when i was new in the forex trading i do not use stop loss or i do not like it ,as a result many times i lost my total capital which was very pathetic for me .after that i am using stop loss any take profit ,as i like scalping so my stop loss size is very small 20 pips and my take profit size is 25 pips ,and i use m5,m15,h1 time frame .if we want to save our capital from any uncertain situation we should use stop loss without any confusion.
I mostly choose my oder only after analyzing the trends. I trade with 50 pips stop loss and unlimited pips of take profits. I don't usually place take profit as I keep constant eyes upon the trade and close the position.
My stop loss depends on the point of entry and then the reward at stake, i am always careful and also learning to be more careful while placing stop loss as this will go a long way to determine how long i can go in the market in the long term
really important in every trade we use stop losses los because with this we can be minimized if it is not priced in accordance with the predictionsQuote:
Originally Posted by eng.adham
This evolving story triggered a wave of liquidations in a broad range of markets. Both the USD and JPY gained against many instruments for flight to safety reasons as the two have extensively been used as funding currencies for all manner of carry trades
Like other professional trader we also use stop loss during my trading period. I always set up my profit limit and loss limit. According to my loss limit I always set up stop loss. Then I trade in this market. Applying this strategy I got profit in maximum time.Quote:
Originally Posted by Jazpa
My plan of take profit and stop loss depends on resistance and support, when I buy so my stop loss will be at the first resistance, and when I sell my stop loss will be at the first resistance, this way is very useful for me .
in trading then we must understand the stop loss because with this we can minimize the risk of trade and prediktion would cope if you are wrong in the analysis and strategy use stop loss in tradingQuote:
Originally Posted by alfi