I 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.
I am using the 1:2 risk reward at my trading and I think 30 pips to gain 50 pips profit is a good money management at forex trading, we all need to learn this trading business and we need to trade with common trading business knowledge.
whenever i trading on forex market i constantly build trading plan, whenever market is actually sideways i just
established small stoploss and small take profi however once the situation of market is actually trending we can established big stoploss and big take profit.
whenever i trading on forex market i constantly build trading plan, whenever market is actually sideways i just
established small stoploss and small take profi however once the situation of market is actually trending we can established big stoploss and big take profit.
well after I open any trade than 1st i search next support and resistance. i place my stop loss close to these levels.if support and resistance levels area unit too high then i follow my cash management rules. i exploit 2:1 risk & reward magnitude relation.stop loss is two hundred pips then my take profit is one hundred pips.
I am adhere to stop loss and take profit just essential occasions and mostly i by no means adhere to stop loss and take profit. whenever i am not sure about market trends and hard to predicts the actual future transfer i utilize stop loss in fifty pips and take profit in 25 pips depends market support and resistance these types of length differs.
bhai iss field mein agar aapko kuch pata nahi hai toh pehle uske baare mein jaan lein fir iss field mein agar trading kareinge toh accha hoga iss field mein sab concept clear hona zarori hota hai forex trading mein paisa hi paisa hai bus kamana aana zaroir hai iss field mein bhai.
Apni trades ko manage karne ke liye ham logon ko ekdum sahi tarah ke trading plan ka usek arna hota hai. Jab bhi hamare paas me best trading ka plan ho jaata hai tab ham log uski hel pse apni trades ko easily kar bhi sakte hain.Quote:
Originally Posted by mazprofx
hanji forex ke business me paisa he paisa hai lekin yahan earn karne ka talent hona chahiye kyunki ess business market me trader ko skills banana bahut he jaroori hai fir uske baad he wo yahan achhe se kaam kar sakenga..Quote:
Originally Posted by mazprofx
Forex trading mein hamein apni trading mein yeh baat lazmi mind mein rakhni chahye k forex trading is a very risky business. Aur hamein forex trading mein kam se kam risk hi bear kerna chahye. Aur sab se better yehi hai k hum apni trading mein take profit aur stop loss lazmi use karein.