Many forex market trader have different ways to trade the forex market trading business.the forex market trader need to develop a good stop loss order and take profit order in the forex market trading business.i use ration 1:2 order.if my stop loss is 30pips my take profit will be 60pips
Brother mujhe trading karty hoye 2 saal ho gaye han aur main jab se trading start ki hai tab se main support aur resistance pe stope loss use karta hon mere khayal main ye achi strategy hai aur ap b yehe strategy use karen.
i never use stop loss option because i wait for the profit or equalize the loss in this process i wait for a month or less then when my trade is in profit i close the trade so you may also do like that because in this way you never make loss
personally my dear, for me I also do consider that using good stop loss position is needed to protect our accounts from huge loss , I think we all need to trade with proper set up and I use only support and resistance area to set my stop loss not fixed pips here.
just use a take profit without using stop loss in my opinion be a good strategy if you have a high degree of accuracy in predicting price movements. but in my opinion had a risk ratio is unbalanced. because if wrong in predicting the market, would be a great loss. Therefore, however more comfortable if I always use a stop loss.Quote:
Originally Posted by NaveedPK
The simplest way to calculate the value of a pip Pip Value is to divide a single point 1 pip on the exchange rate, and hit her in the lot size. This gives you a point value Pip Value traded currency. If the base currency different account for currency in circulation, is simply you can hit this currency at the exchange rate applicable
?*The main thing for success in this market is not the size of the money that the interventionIt can point value Pip Value be variable or fixed, depending on the currency pair referred to (any currency) to measure your account. Also, the point value Pip Value function is performed by the amount by rolling
is main diffrent people hain or un kay diffrent aims hain or har koi apni apni trade karta hai koi bari tradr koi choti trade ab choti trade wala to chahy ga kay ziada say ziada munafa ho or achay say kamai bhi ho sakay.
Bhaei ye bat to clear he stop loss aur take profit se trading karne ka humin faida hi milta he aur humara risk factor bhi kam se kam ho jata he phir hum safe tareeqe se bari earning bhi kar sakte hin meiri stretagy to ye hoti he k main 1 aur 2 k ratio se en ko set karon yani agar take profit hota he 10 pips to stop loss ho ga 20 pips.
during the trading i am doing the stop loss only when we are in danger and i think that i will be in loss in next time i like this business very much this is very discussing and useful we must join this business for the earning and for the learning also we can get the experience form this business also