Hi friends, I think I think trading with stop loss because stop loss is about 50 pips and profit 80 to 90 points. I always buy in the oversold zone and sell in overbought.Forex is a good business.well when I open any trade from the first I look for support and the next resistance you still have an advantage. Good step I have done so much more like you did .. Good luck for you.
I think this is a good plan if you are in a small graphic merchant like 30 minutes and maximum time but the charts are trading at 5 minutes and 15 minutes when I see that the development of stop loss is good but profit taking me Think much better is in the range of 35 points .
Both my friends, in my view, we mainly choose my personal person only after checking the actual progress. I think to choose the Stop Loss value calculation you have to be very careful, because if you will fail confusion. In my opinion, you have to rely on indicators that you believe in, you must learn to analyze trends, support points, rejections, this will help you choose stop loss. Happy trading, my friend.
I will invest this profit in forex trading to get more and more profits. There are many possibilities that you may lose several times but not always. We just believe that try again.so I want to earn more profit by investing more money in forex trading
Take advantage of the advantages Forex offers to us for our good. So we need to understand and make the most of this choice. Thus it is strong to manage our emotions while trading. Although Forex is the most volatile market so it is difficult to manage our greed and emotions. Stop loss helps us to manage our emotions and greed, while trading.
Well it should depend on your trader type, and you should set your stop loss according to your trading plan. If you trade in a better range to set stop loss out of range than counting it in pips. Even for other strategies you do not have to set a huge stop loss as this can result in huge losses if one wrong trade occurs.
I mostly choose others only after analyzing the trends. I trade with 50 pips stop loss and unlimited pips take profit. I usually do not take advantage because I keep watch over trades and close positions soon because I think the profits are enough for me.
If the market trend is clear then the traders can use him only and over 20 pips for take profit and stop loss using stop loss of 50 pips if I am not sure of the market direction and arrange take Lucky
I do not use stop loss or take profit options because I trade gold just because you know very good gold is so risky that I see my full trade. I did not leave my computer until the end of the trading run at the end of trading losses or profits that depend on my luck.
I do not have any targets in this case and with targets in trading we have to trade excessively which is the main reason of loss and this is better if we are satisfied with small profits and enjoy with it because it is better. So much risk in trading ..