Stop trader ke experience par depend karta hai kyoki har situation mein different stops use karne padte hai kyoki kabhi news mein short term profits par chote stop se profit banaya jata hai aur swing traders indicators use karte hai ya previous support ya resistance par stop rakh kar acha reward banate hai aur yeh sab experience ki baat hai.
forex trading main hum aik he surat main apanin account ko safe bna sakty hian wo is tera k is main stop loss ka use kertay huay and take profit ka use kerta huay is say hum apanain income ko bera saktaay haina dn saving ko bera sakataaay haain and is tera say humai life main khushaali a sakty hai
as i am old in forex trading and so i set my STOP LOSS and TAKE PROFIT plan nearby...i set them in the ration of 1:2 so if my tarde is well i set up at 15 pips and TAKE Profit at 30 pips and if my trade is bad then i set it at 10 and 20 pips respectively.....
i put my stop loss on support resistance line, this makes me easy to accept the loss, i ever set point for my trade but it makes me got regret when i strike on sl point because not far from it the price turn back, so i decide to put support resistance line as my stop loss or force to close order no matter it profit or loss in trade, this are working good for my trade and i see many trader also use the same way to decide stop loss
good stop loss is actually depend upon the actual time and a lot of issues and that is because arch same to my issues because these types of would like, I trade along with fifty pips stop loss and limitless pips of take profits. I do not typically place take profit because I maintain continuous eye on the actual trade.
U settling with regard to take profits and stop losses on fifty and 25 pips depends upon u personal individual choice in the direction of which, as a result of there tend to be one that u should also place in to considerations and that‘s the lots size and leverage that‘s becoming utilized by u.
the not simple stop loss and take profit is actually one kind of hedging methods. usually and on stop loss just 10 profits. because for the u will encounter less risk and may gain higher profit. in the time of using this particular methods u have to increase u pips in take profit point for example 30 pips
I don’t use stop loss or take profit options because I transaction in yellowness only as you hump real fine yellow is real unsafe so I watch my over class. I don't forbear my machine strongbox end of operative business at the end of job release or vantage its depend on my fortune.
Forex trading is a very risky and the use of stop loss and take profit is very important in this business, and the most take profit order and stop loss I have always use is between 30 40pips this is the most use stop loss and take profit entry for me.
This is a very good ratio 2:1 , and if you win 70 to 80% of your trade then also you make profit at the end of the month but the problem is that you cannot set a already decided take profit and stoploss in every order because every single trade is different from other