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Even aleven however i think about trading while not stop loss is a lot of risky and that i wouldnt do it right in the event i dont wish to lose my account however i still cant think about it gambling to all individuals due the the fact i understand that there are a lot of traders who trade it while not setting stop loss but still creating great profits however typically this kind of individuals are professionals and have the ability to trade along with very little risk even once they dont use stop loss
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I think that it is not a good decision to set a predefined stop loss level for all trades , every trade is unique and has its own requirement , so take your time to manage your money and you will be safe .
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I see that you should traded on the lowest of the spread broker and have tigh spread stop los 2 pips and using trailing stops to make unlimited money in this bussines it is really easy for everyone that can make money in this bussines !!
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the depends on market situation when we are in profit we can use sl as to avoid loss in our trades as like take profit i mostly uisng it sometimes you can set stop loss to 40pips only and sometime you can make it 330 pips it is all about your study and market condition.
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Minimal 30 pips is safe for SL, if we use less than 30 pips, then the price will be easier to hit our stop loss before hit our take profit, then it will be risky and we will get more losses
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I think there's no explicit SL and TP and it rely totally on merchant and his/her strategy and depend upon what proportion balance there . on behalf of me someday i choose thirty pips and someday conjointly fifty pips and it depend upon market however continuously place same in tp and SL.
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TP or SL that we can use in forex exchange trading is never fixed, it depends on our account balance, trade approach, etc. Eg Scalpers use no TP and no SL and usually opens and closes trade physically.It is very importantof our life. but set up with a value of TP is 50 pips in my already high in the category, but in certain days we can achieve this value, but if it slows down the movement of the market value would be difficult to achieve ..
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SL could be throughout smaller pips but it is not essentially struck in case that many of us build a very good accessibility concerning correct place an example would be investing concerning service and degree of resistance place, this tends in order to make SL continuously sufficient relating to several investing in distinction in case that many of us build inappropriate accessibility and collection giant stop burning it could be struck effortlessly.
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50 pips is good for stop loss if we trade using daily trading. Minimal stop loss is 30 pips, and the maximal stop loss is depend on our trading strategy and our take profit. We must use stop loss in our trading
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I think 20, to 40 pips bohot hi ziada safe hotey hain aur is sey hum SL laga kar apne account ko kafi strong aur safe kar saktey hain.
