yes bro, actually with me, I personally do consider that the best thing to do in your plan is to work with a positive ratio , I mean that you should always set a target equal to the loss or bigger than the loss , you should always filter the opportunities with this calculations and ignore the opportunities that gives you a negative ratio to guarantee that you will make a profit in the end.
Stop loss and take profit each tend to be important. Prior to build take profit and stop loss we should would like to understand how a lot pipes market could be transfer and What‘s the account stability. We tend to make a stop loss on close to support and resistance.
well dear, In fact I absolutely find that in trading if you use stop losses and take profit 30 pips 50 pips, in which case you be required to create the analysis and prediction are extremely nice, and should notice the appropriate entry purpose, therefore that you may trade forex properly and profitably.
usually plumbing technician to consult indicators following market acquiring side strategy, it will give you good clues, when market should go in pattern, the very best time for this to use is generally reversal handle the installation offers individuals good clues called divergence
I am trade in forex with stop loss and take profit trading system some times. Forex stop loss is a helpful way to control oir forex risk. I am use stop loss when I open a trade for scalping with 10pips and take 10pips take profit for this strategy.
Well actually my dear, with me, I clearly do believe if you are trying to scalp then you should take a more reasonable reward to risk ratio like 2:3 or may be 1:2, because you have to include the spread also. so big reward to risk ratios are only good for long trades.
Fores trading ko karna hamare liye bilkul bhi aasan kaam nahi hai aur hame is baat ko jitni jaldi samajh lena hai utna hi hamara fayda ho sakta hai. Hame bas sabse phele apni trading me is tarah ka plan use karna hota hai jiski madad se hame profits badi hi aasani ke saath me mil jaata hai.Quote:
Originally Posted by abdullah99
actually my dear, for me obviously I do believe that if you do long term trade,you should use stop loss and take profit. my stragedy is that i use 20 pip stoploss and 50 pips of take profit i use for an hour.
well dear, in my opinion I personally believe while trading if the market is trending i prefer a trailing stop to manage my profit factor, but if the market is ranging then i prefer my gut feeling to tell me where to put stops to get out of a wrong trade, mostly this is 20 - 25 pips at most .
bhai ji yahan stop loss aur take profit aap apne experience se bhi laga sakte hai aur esme aapko market me high low ya fir pivot points ko dekhna hota hai,yahan enke bina aapka trade complete nahi maana jaata hai esliye enko use karna bahut he jaroori hai..