My friend I am using 1:3 risk ratio at the trading and I think we need to take low risk at trading and we need to trade with the proper understanding of the market and if we can trade with the proper knowledge only then we can make good money and can be a successful trader.
I am using dynamic stop loss and take profit point depend on the support and resistent area, but using the same risk per trade. Mostly my stop loss is 30 pips or more, and my take profit is 50 pips or more, depend on the closest support and resistent with my entry point
I mostly select my oder just when examining the actual trends. I trade along with fifty pips stop loss and limitless pips of take profits. I am constantly trade along with stoploss and the actual stoploss is actually about 30 pips and profit is actually fifty to 60 point.
forex trader ko enn dono tool ka importance pehle samajhna hoga kyunki eske bina trader ko apna koi bhi order open nahi karna chahiye,yahan enn par bhi analysis karna trader ke liye jaroori hai tabhi uska trade poora maana jayenga..
25 pips is actually a little tad of very tight stop loss. Worth mostly moves on lengthy ranges compared to which, however u tend to be lucky if u are becoming good outcomes through this. I constantly established the actual SL and TP nearest to the actual support or even resistance degree and ofter alter this like the worth moves upabout. thanks.....
It depends upon the trading situation and the way you are going to trade in the market, ager ziada loss afford kar sktay ho tou aap stop loss peechay rakh saktay ho or take profit aap apne profit ko samnay rakhtay huye lagatay ho
25 pips is actually a little tad of very tight stop loss. Worth mostly moves on lengthy ranges compared to which, however u tend to be lucky if u are becoming good outcomes through this. I constantly established the actual SL and TP nearest to the actual support or even resistance degree and ofter alter this like the worth moves upabout. Higher impact news me personally market 100-200 pips transfer, Good occupation........
I am using ratio 1:2 for my stop loss and take profit. When i get loss, i can trade again and make profit and recover my previous loss at the same time. Good ratio for trading can help me to make profit. Despite i get loss, my losses will always lower than my profit
I daily take about 8 trades with stop loss of 20 pips and take profit of 40 pips. In this way I remain in profit even after losing in many trades and winning in few trades. Forex trading is a risky business and every trader have to face profit and loss. So it is only good trading plan which make us profitable trader.
yes, my dear, for me I personally do consider to use the support and resistance area of the market, I think if we can trade with proper use of stop loss and take profit then we can make good money here in trading business and we all need to be skilled and have to use the proper stop loss and take at every trades.