I dont put the take profit on basis of the point but i use support and resistance to find my take profit and stop loss.I am a kind of a man who watch his trading running so whenever i see good profit i usually close the trade.I also use trailing stops to secure my profit if the market is less volitile.
hello my friendQuote:
Originally Posted by Jazpa
this very good risk reward , 1:2 risk reward is great stop lose to take profits ,for me i always use same this stop lose and take profits
if my take profits 100 pips then i will set my stop lose 50 pips , and if i will set my take profits 50 pips then i will set my stop lose only 25 pips
this is great strategy to protect my account
Yeh mere kahayal mien ap ki strategy per depends karta hai or us key sath sath yeh ap key capital per bhi mere kahayal mien depend kar raha hota hai or yeh baat waisey trader to trader vary bhi karti hai.
well when i open any trade than first i search next support and resistance. i put my stop loss near to these levels.i have only one testing of EA. my EA can not accept manual changes like change sl and tp.
trader chahe to apne system ya fir daily ke high aur low ke hisaab se stop loss aur take profit laga sakta hai lekin enn dono tools ko use karna bahut he jaroori hai kyunki bina eske trader ka trade adhura he maana jayenga..
There can not be any predefined stop loss or take profit levels that can be set. They must be used as per the market movements and sentiments. Always try to increase and maximize your profits and reduces your losses.
In vogue my feel about Trading duty be ready in correction. By money management all trades can be ready safely , i manipulate 50 to pips in break off loss limit and 15 to 30 pips in take profit with a method percentage size. So as to gives me adequate pips.
her expert and experience forex trader apni trading mi lazmi stop loss and take profit ka use kert ha is ka sub se bara faida ye hota ha ke agar trade opposite ho ay tu sary deposit ke loss se save rehta ha.
There is no specific plan for stop-loss and take profit, but this is due to the strategy used and the type of the deal, but in general, the stop loss is 30 points.
To my mind it depense of the market situation wich is at the monemt of trading and so i set my stop short over zthe last high or low point like the market technice it said, and so i act and the take profit ist mostly the last move.