I assume -100 to -200 pips in a matter of correction still healthy and can not be reversed, if more than the usual real reversal, if in 1h tf gap for s & r g gede2 so I guess hell is still in reasonable limits for the day trader and scalper :-)
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I assume -100 to -200 pips in a matter of correction still healthy and can not be reversed, if more than the usual real reversal, if in 1h tf gap for s & r g gede2 so I guess hell is still in reasonable limits for the day trader and scalper :-)
It is true that every trader has a different view about market and so he uses SL and TP according to his knowledge and experience.take profit is very useful for a trader sometime, but the stop lossis very bad for a trader for earn money, this is very good and useful also for a trader in the forex trading timeQuote:
Originally Posted by beol
Brother i believe you must place stop loss price consistent with support and resistance values..It shouldn't be placed just like the approach your area unit putting..
You should have information regarding support and resistance then you have got to put your stop loss and take profit
There is no fixed digits are perfect for the stop loss.its totally depends on upon traders money managements strategy's.some one can set stop loss 20 pips.and someone set it 200 pips.stop loss should be vary in swing and scalping trading.
Stop Loss placement is part of the risk management must be planned by a trader. I guess, to determine the exact value of stop loss, not only based on the number of pips, but also depending on the value of the strength available margin. If we are trading with margin weak force, set 50 pips as SL is dangerous. But if we are trading 1% MM, we can put the SL above 100 pips
in using Stop loss then I will use the 20 pips until 30 pips in a every position which will me open windows, making I will could be safe and will be able to get the position of trade which very good once sir
in this trade and will be able to continue to grow smart
but not all do such a issue. there area unit some plunger World Health Organization use a script to open a grip, in order that terrorist organization directly specify. weakness plunger isn't dare cut loss once experiencing loss. i assume it'd pay all the profit that has been gleaned.
i think stop-loss-controlled speculative points of support and resistance points that could be affected by the loss of points, I do not gamble a lot, and I always choose 20Ppips last set at 4opips but when practicing good points and points will support the highest resistance of this class . Now need a market study well so that it can determine a good margin loss ,,
apparently you have got not used the script.
because if the server is busy, the script still experiencing requotes.
script solely shorten our steps to open or shut a footing.
based on my experienced, i never used stop loss, because i think stop loss is just method which you lets your money loss without anything. so if you have a lot off deposit, and use a small kots, i suggest you dont use stop loss