sab se phly to me ye kehna chahun ga k wo log jo smjhty hain k sl ka koi faida ni to wo bht bari ghalti me hoty hain uski wja ye hai k jo sl use ni kerta wo zada loss kerta hai is lea ger to acha profit banan hai to sl 50 pips ka lagana hai....
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yes it's quite smart to actually create call to actually position the stop loss before getting into the order ensuring that you certainly will not have to actually go through any loss from that position. stop loss have to be placed at strong resistance in the event the position i sell and at support in the event the position is purchase.
I think you should never set the stop loss with a couple of pips, that's very bad, and it is better not to use sl, because that way we will continue to balance loss, and we will quickly diminish, so we have to put that sl is just right, it will be the first of the tp in sl, and I always put the 10 pips above the resistant and 10 pips below support.
dakho yaar ya to aap k capital py hi depend krta hy na k aap k pacc investment kitni us k hisab sy aap money ko manage krin gy or SL ya TP set krin gy. trend ki moving ko dakhty huy aap kam az kam 3 pip py SL set kr skty ho pr ziada sy ziada jitni door marzi laga din
i think stop loss may different by different trder. some use half of the take profit or some use double of take profit or some use manual. but I use double of take profit. this is safe for me.
The stop loss should be set somewhere where its not too far nor too near the entry point, i don't use it personally but if i were to use it, i would set it at around 50 pips coz the market sometimes goes against and the picks up again so if you set it near, it will always be closing all your trades.
if you utilize stop loss in that acse is not possible your account may experience margin decision as a result of the order can hit stop loss 1st thus there's hardly any alternative losses. stop loss is made use of to avoid margin decision if you do in fact dont modification it oftenly. inserting stop loss can rely on open position too, if me i will be able to set sl in range regarding 30-40 pips from open position.
yeah we can't judge concerning the stop loss from the numbers we simply set, it can be rely upon the chart situation and support and resistance levels, however i wish to inform you that perpetually place the sl and tp as while not sl yours trade could well be risky, as i actually have lost my account by not putting the sl, you might want to conjointly utilize 50 pips for sl.