most of the times we can see that we can not set the right stop loss in the market so then we are unable to have the right tradings and when we set the stop loss then this stop loss is going to hit easily and we lose the money as well.
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most of the times we can see that we can not set the right stop loss in the market so then we are unable to have the right tradings and when we set the stop loss then this stop loss is going to hit easily and we lose the money as well.
The best stop loss is fixed stop loss pips. Which is, when you choose to use 40pips, follow it and don't try to adjust it over time. It leads to losing or position hitting stop loss easily and causing losses not expected.
Stop Loss depend on various conditions of the currency rates. Depending on the economic calendar and the news release, for short term trade I generally use 10 to 15 pip SL and for medium tern I use 30 to 40 pip SL and fir long term I use more than 75 SL.
Placing stop loss is not an easy process, you have to look into your money management that is dont risk more than 2% of your investment, always place stoploss 10-20 pips below the lower lowin the time frame you're using and 10-20 pips above the higher high in the time frame you're using, this will surely help us in minimizing our losses.Always try to buy at low and sell at high and don't go against the trend
I think the best pips for SL is 20 pips. because in my opinion, if the chart moves 20 pips, then, the chart will move more than that. so, if you put 20 pips. you can save your account from premature margin call
It's my job to work with a 1: 1 relation to take income and prevent decline. while We organize tp 50 pips, next sl can be 50 pips. We likewise always work with a trailing quit to help protected your income that we can easily. to ensure that, when the value reverses course, I've the income, while still tiny. regardless.
haan stoploss to zrooori hota hi hai yadi hum stoploss ka theek tarh se use karten hain to hum bahut hi badiya kr enge stoploss ka theek tarh se use nhi karenge to huamre liy muskil ho jayegi
I think, depending on the position you take
most of my entry, took the low candle as a reference for determining the location of SL
I use + low for 5-10 pips SL
OP I am getting close to the candle low, then the less SL points
mere khyal se stoploss ke liy trader ko 40 pip ka use karna hahiy yadi hum 40 pip ka stoploss lagaten hian to ye sahi hoga 40 pip ek dam sahi stoploss ke liy .