actually when trading in this forex business stop loss placement is very much important while trading in the forex market as you will follow the money management by doing that and you have to make it habit to follow it so that you can easily gain consistant profits from your trading
absolutely my dear trading in this forex business i always make about 50 pips stop loss and endless pips of take earnings. I don't usually position take benefit as I keep continuous face upon the business and near the position soon as I think the earnings are enough for me. i use maximum 2% risk from my capital.
well dear along with trading forex I surely believe determine our take profit and stop loss perfectly is very important. It will determine our profit, whether we can maximize our profit and minimize our loss or not. I learn my chart and history day to know the perfect stop loss and take profit based on my trading strategy, and my trading plan to maximize my profit
my dear in the forex trading business I do prefer to use 200 pips stop loss and 10 pips take profit in forex trading.Stop loss is used to reduce our loss and take profit saves our time.So,these are important tools.
yes, obviously my dear i absolutely think that for me i am preferring to use the take profits through my trade forex,i never set up the stop loses for all my orders which is made cause i close my loses orders by manually and stop lose is hard thing for me and never use this option yes but i used take profits some time in my last trades.
Profits are remarkable. "The Syrian regime has the support or resistance level is all the logic of a different kind of export use, support and resistance points eventually break, but the possibility is that they will keep, so several commodity traders will take these levels before the market to take Their profits.
Sir humain stop loss and take profit kay tool trade main lazmi use karna chhayie es say humain big loss nahi hota and humara profit bhee safe ho jat ahay. es ka perfect plan analysis say hasal kia ja sakta hay, but zaida ki greed nahi karna chahayie.
Actually the use of stop losses and also TP depending on who is using it and also we want to use any system. If we use different trading systems, SL and TP will be different. But the most fundamental thing is the difference in using Timeframe on metatrader. To me that using the H1 timeframe. So I use TP = 30-50 pips and SL = 50-75 pips.Quote:
Originally Posted by dixit
I think you are lying in the scene. But according to my point of view, the stop with 25 points for the profit is still too low I always use a stop loss of 60 points while I use the profit profit of 30 points so far, I am successful with my strategic profit 50 points too high , Almost impossible to achieve.
when ever you trade you must apply stop loss and take profit because these are the major thing which can make you profit or loss so before appling these things you must sure for the confermation of the good trend and then start