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bhai jo acha trader hoga wo boht ahtyat se trade kery ga agr wo stop loss 2o pips rkhy ga tw uska take profit 50 pips hoga or wo in tools ka use tb kery ga jb wo proper time py trad na ker skta ho or usko pkka pta ho market kaha move kerygi
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stop loss and take profit are great tools in this trading business many traders set ths stop loss option with 20 to 50 pips and take profit also with the same position it is good for our trade .
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i've already put the stop loss in each open position and a cut loss order if my total capital is reaching the limit that i setups. While for profit i'm usually take the 1:2 ratio for loss and profit, so if i'm setup a 20pip loss, then my profit will be at 40 pips,usually use a stop loss of half the desired profit.
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The most important thing which we have to follow while trading in the forex market is that we have to follow proper money management for that we have to place the stop loss and take profit for our trade. we must have to look for the technicals of the charts and try to look for resistance and support levels so that you will not take risk more than that you have to take and gain good income from your trades
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I think 25 pips is a bit of a very small final loss,
the cost of most of the moves is lengthened than it is but you are lucky
if you have to get the fulfillment from it, I collect sl slots
and tp to support or opposition levels and change frequently.
That's as price movements,
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for my point of view, Fx is the best for earning money.
I always set SL and TP near the point of proof or resistivity and ofter unset as the damage happens.
Already putting a drop in drop in every yawn status and a truncated death saying if my figure is good is the achievement of the limit I'm setting.
I will continue to do business with stoploss and also stoploss about 25 pips. Good luck and have good pips.
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The stop loose is one of the the most important thing in forex market .this is the only way that protect your account and you can detrmine how much you want loose and if you use the stop loose you will never loose more than you want.
The take profit help you detrmine your profit .you can detrmine your profit in strong resistance if you see or strong ssupport if you buy.
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nae main jab bi stop loss or take profit use karta hon meri strategy kuch or hoti hai main hmesha take profit km pips or stop loss ko zayda pips rakhta hon q ke is se fida hota hai stop loss late hit ho ga or market har dfa aik hi simat main nae jati agr market throa upr thori down ho to take profit jaldi hit ho jata hai.
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For me, I still try as much as possible to become a successful trader in forex.
I can not recall the exact time that I took my advantage at instinkorex.
But I remember the feeling that I was making a profit there. When I pulled the first Untung and received my payment, I was very happy to see that moment. First, I became aware of forex can be a very good place for us to do a good live.
Then I can make sure I can get payment from broker.
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Can ayybody explain to me what is better? Having short stoplooses
and making so many losses or making long stops lets us say 200 but
seldom is rare but that is great. What I can see is the short stoploose that has been surprised when the market is experiencing a much more stable but more risky zigzag. Which do you like?