before think about the stop loss or take profit , you have to use the suitable strategy where the main tools in it are the trend and the area of resistance and supports where the safe area of trading is the meet point between them so the take profit and stop loss is detected according the direction of trend , where stop loss is put under the uptrend by 20-30 pip
dear aisa kabhi bhi nhi hota hai k hum forex market mein hum kitni pips ka hum forex market mein apni stop loss aur take profit ko set karty hen dear hamen forex market mein always is k liye planning Karen
Well it all depends on the market structure and time frame that
I am trading at a certain point of time because if I do a four hour candle trading then
I will experience a lower stop loss loss and take a profit position but if I do daily candle trading then
I Know that the minimum stop loss I can get will be in the range of 70 to 10 pips per trade.
I think it is depends on the market conditions and if we detect the right support and resistance area then we can set the right stop loss or take profit area and normally I use 20 pips as my stop loss area.
dear hamen forex market mein hamen kabhi bhi stop loss aur take profit ko hamen fix nhi rakhna hota hai hamen forex market mein hamen lawys hamen apni strategy ko use kar k karna hota hai hamen
Perfect stop loss and take profit plan in forex trading mostly depends
on your trading period. SL and TP differ from one time frame to another.
In time frame 1m stop loss can be set as 30pips and take profit will be 60 or 90 pips.
nd at higher time the SL and TP will also be higher.
Well the best trader is one who has more winning trades than loosing and also the amount of capital at risk vs the profits made in that trade so there are lots of factors to be taken care of. Well I think if a trader trades properly the ratio should be 1:2 which is 1 is stop loss and 2 is profits , to simplify it further a trader must be willing to make twice profit of capital at risk .
i have low capital in this trading business and i am not using the stop loss and take profit option when i am trading in this trading market i am trading with scalping and try to make my account strong.
This implies a halt to the reduction and considering the actual income we can all make through the encounters we face today,
we may all understand that this is the ideal place to place it, the more our encounter may be much more sensible.
The environment associated with the reduction of the reduction and consideration income.
Just because it considers income and prevents reduction is within the individual's self-discipline.
forex trader ko esme apna plan pehle he market me banalena chahiye ussi se trader ko stop loss aur take profit ka pata chalenga,esme trader jetna jada market me dhyaan dega uske liye utna he acha hai,esme trader ko trading system ka use karna chahiye..