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Whenever not opened the actual first trade, I view and amounts of resistance. Established my stop loss in these types of amounts. Upabout support and resistance is just too higher, so I adhere to money management rules. I make use of two : 1 risk reward percentage. Stop-loss is actually 200pips my take profit 100pips to the actual... I am nevertheless a stoploss and stoploss is actually about 30 points of trade and payment of 50-60. Constantly buy and sell ovesold-overought area.
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Absolutely my dear, for me, I surely do believe 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.
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Certainly my dear, as I can see I personally believe that is the perfect stop loss just depends on your analysis while trading or while you're open position, you can further analyze to be able to establish appropriate stoploss more to me it's around 40-60 pips as well
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well absolutely my dear, In fact I really find that the best thing in your trading is to take only the positions with a positive ratio and leave the others positions , you should always look at the big target versus the stop loss and avoid always the positions with a big stop loss.
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In Forex trading business Stop Loss and Take profit both are very effective for a trader . I think Stop loss is better than take profit and I always try to use stop loss in my trade . Because I always try to save my account from blowing down .
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ma jab bhe trading karta ho to take profit lazmi lagata ho aur agar trade mere lagaye hoye order k opposit chali jaye to pher stop loss bhe lagana par jata ha mere hisab se har order par 10 pip ka tak profit aur stop loss best ha
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the actual take profit and the actual stop lose for each trade varies through another counting on totally different elements such as : the actual frame u tend to be using, the actual currency u tend to be trading, and the actual support and resistance amounts.
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absolutely my dear in fact, I clearly think there is no double that the perfect plan for me is 1:1.5 which means if the take profit is 10 then the stoploss will be 15 , i have been using this for years and that work's for my money managment pretty well and accurate.
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well naturally, my dear, in fact I do consider that I set my stop loss and take profit to use my strategical plan that is I set my stop loss where my loss is 3% and set my take profit where my profit is 7%.
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I think 25 pips stop loss is actually a very tight trading. Market moves more than this particular pips. However if u have success using this compared to It‘s good with regard to u. I do not preferred to make use of stop loss or even take profit all of the time. The majority of of the actual time i notice the actual market personally and take choice manually. However one ought to have a target of their trading. This particular depends upon types trading style.