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main hamesha macd ko use karta hun or jab market trend change karny lag jati hai to main exit ho jata hai or jahan say trend shuru hota hai wahan say enter ho jata hun.
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The perfect stop loss and the perfect take profits is very important in this business, But a trader should know that there is best in Forex, Not perfection. MM, Risk reward ratio and S and R should be used to achieve this best stop loss settings...
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I use my target in the forex market according to what happen in the forex market trading business.if i place the higher time frame my stop loss order will be different to if i place order in small time frame.forex market trader need to have good plan to earn
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On the forex, the difference between winners and losers traders based on the fact that the former are attentive to their trading methods while the latter are more concerned with their money. To succeed in the foreign exchange market, so it is best to focus on becoming a better trader than trying to make money.
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my dear of course I think to make the stop loss and take profit planing maybe this can be good for us to use the good analysis on our trading, or some time many trader is put the stop loss and take profit to the support and the resistance line, maybe that will be more helpful for them.
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my dear I can say that i also use trailing stops to secure my profit if the market is less volitile.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.
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stop loss aur take profit ke liye trader ko shuru se he market me plan karna hoga agar yahan trader plan achha karta hai to uske baad he wo ess business me achha kar sakta hai,esliye usko soch samajh kar he yahan kaam karna hoga..
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it is depending on market condition, do not assume with take profit of 20 pips is applicable to all accurencies pair, we should make some analysis before making any accurate and suitable take profit or stop loss.
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I dont have fix stop loss and take profit in my own trading, because my stop loss and take profit will depend on the situation in the market. but minimal, my profit and risk ratio is 1:1. then if i get loss, i will not lose so much money, and i can recover my loss with one profit trade
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Yes using stop loss and take profits are an good option on using in trade this may helps to making risk on trading using stop loss for safe our capital because we never know how much market flexible while its opens , and take profits are good to earn some profits without more to loss all earned , i will keep stop loss level 20,and take profits 50