yes my dear, in fact I surely do believe that 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.
well dear I clearly think there is no double that it is depends on the market conditions and if we detect the right support and resistance area then we can set the right stop loss or take profit area and normally I use 20 pips as my stop loss area.
I have never applied stop loss in my trades i often use take profit plan in my every trade. I apply my take profit limit for to the nearest resistance level and for sell trade to the nearest support level.
---------- Post added at 01:34 PM ---------- Previous post was at 01:31 PM ----------
I have never applied stop loss to my trades but i always use take profit plans in my trades. For buy trade i usually set my take profit limit near to the resistance lever and for my sell trade i apply my take profit plan near to the support level.
well obviously my dear i think that to me I always set the SL and TP nearest to the support or resistance level and if support and resistance levels are too high then i follow my money management rules and I trade with 50 pips stop loss and unlimited pips of take profits
25 Pips stop loss is actually a little tad of a tease. worth through obtaining good outcomes on lengthy length moves, tend to be barely much better, if u tend to be lucky. gt SL and constantly P. The actual closest support or even resistance amounts, established, change this because ofter worth actions.
The Swiss franc account refers to the debtor's side to 101 500 francs and 103,000 francs. This shows investor profit 1,500 Swiss francs, which is equivalent to US $ 1,456 (1,500 francs / 1.0303), which accounts for about 14.56% of the capital or the amount of the main deposit.
My dear, for me I absolutelly do believe that I just use a simple strategy to determine the take profit and stop loss, usually after I opened the order I put 30 pips 30 pips stop loss and take profit, I do things like this to determine the probability of the direction that I have, if I have a good probability of direction or not, when more often touched take profit, I will raise the level of take profit
Mere khayal 20-25 pips for loss. buht hain or profit k lye zyda se zyada 25 pips. is myn buht achi trade ho skti 25 pips myn achi earning ho skti ha or loss k lye stop loss use krna chaye. or udhr bhi 20 pips is normal. ye aik aisi rang ha jahan trader buht zyada loss se bach jata ha.
this is dependent on the conditions of the market that is either there is volatility or there isnt but the most common is by using risk reward that will help one placing a stop loss or measuring the size of profit you would wand from the market.
20 -25 pip ka profit hume esily ho sakta hai yadi hum isme ache se work kareni to yadi hum isme ache se work nhi karenge to kuch bh i acha earn nhi kar sakenge aisa mera manan hai .Quote:
Originally Posted by m.shahid