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no stop loss perfect and untouched, because we will not know how big the market movements, if we know that a perfect stop loss position, means we have to know that will benefit, we do not need a stop loss in any open trading positions
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There is an old saying in business: "Fail to plan and you plan to fail."
any trader who makes money on a consistent basis and they will tell you, "You have two choices: you can either methodically follow a written plan, or fail."Most traders make the mistake of concentrating 90% or more of their efforts in looking for buy signals, but pay very little attention to when and where to exit. Many traders cannot sell if they are down because they don't want to take a loss.
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i never use stop loss option because in this way we could not trade openly in the market because market when get down it can come up also after the some time so we should wait for the batter time i like the trading with out using stop loss
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25 pips is a bit of very tight stop loss. Price mostly moves in long ranges than that, but you are lucky if you are getting good results from it. I always set the SL and TP nearest to the support or resistance level and ofter alter it as the price moves on. It is profitable for us
---------- Post added at 08:56 AM ---------- Previous post was at 08:13 AM ----------
well when i open any trade than first i search next support and resistance. i put my stop loss near to these levels.
if support and resistance levels are too high then i follow my money management rules. i use 2:1 risk& reward ratio.
stop loss is 200pips then my tp is 100pips.. is make us experience
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the perfect stop loss is the one you put in place that would work well for you and learning about it brings in the right perspective for the right ind set and looking for good informations that value and trade is posibly the best for everyone who wants to stand value the right trading tools for trades and work and to the right thing
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my perfect stop loss is at support and resistance lines, usually I make a line of support is based on historical highs or lows were the closest of the price movement is running.
to take profit, I usually adjust to how the power of market movements, if the market moves with a bit slowly, then I will make a small take profit.
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From my point of view I see the humble he does not have a stop Los plan may be fixed and available to all traders work on them in a single fixed and I, personally, I can not handle him because he double-edged sword
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stop loss in forex trading is always determined in accordance with the planning of trading we have, but we should all know, there is no stop loss perfect and untouched, if we are wrong in analyzing the market, then we would get a stop loss, but if we're lucky and the market return before it hits the stop loss
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je han forex ke trading main best tools hai take profit or stop lose yeh dono he best hain es ke waja se hum log apni eanring ko save kr skte hain or achi enaring ko save kr skte hain es liye hum yeh use kr ke apni eanring ko save kr skte hai or jab online nh hote tu hum stop lose or tak profit laga sakte hai,
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