I think all traders should use an ideal stop loss between twenty to thirty pips.
Because I notice that most of the time if its value can reach this path, there are still opposite facets and will not come back in a moment. And that's why I set my stop loss all to be used at this level.
And I believe that this is often just based on my skills.
bhai stop loss lagana ye humare liye bahut jayda important hota hai stop loss tools bhai khaas isliye kyunki loss adhik nahi ho sakte hai, hum jitna bhi loss ko jhel sakte hai utne pips ka stop loss lagana hota hai.
I have never heard of such forex is the second hardest job in the world.
Also I agree with this letter yes it is hard to make money from
Forex but not impossible or the hardest can be called the second hardest job.
So many pols make money through Forex, so why not us, just need a god of basic knowledge and patience to do it.
For basic income sources we need a certain income.
I can not agree that the income we earn from Forex is definitely or risk less.
This is good in my view that we make forex trading as a side income until we gain the trust and expertise in this work.
Yes, we need a good learning resource to receive knowledge before thinking about basic income here.
In order to stop lose you have to detect at the first place wether you intered the trade buying or selling and that is the trick , if you are going to sell the stop lose point will be higher than the price in the market , if you intered to buy the price will be lower than the current price
forex trader ko har trade se pehle esme stop loss aur take profit ka use market me karna chahiye,esme trader jetna market ko analysis ke liye time deta hai wo esme utna he acha kar sakenga,esme trader ko sabb pehle risk ko jaana chahiye..
i think we should need to work hard on the forex market and without forex trend we should not need to open our trade, if trend of the forex market is clear then if we open our trade then we can win here very easy and very fast money we should always need to work hard and set stop loss at 150 pips and take profit on 100 pips that is good in all cases.
scalping : tp :20 sl : 25
swing ; tp : 300 sl : 450
har aik ki different strategy hoti hai or wo usi ko mind main rakhte hue stop loss or take profit use karta hai jo meri strategy hai wo 30 pips take profit or 20 pips stop loss hota hai or main zayda time successful raha hon q ke stop loss to account ko safe rakhne ke liye hota hai asal learning or kam to hamare skills pe hai.
The Stop Loss command enables the trader to close his position automatically when the price of the traded price falls to his disadvantage. This is a reverse-trigger threshold order and a quantity equal to the open position. In trading, it is strongly advised to always place a stop order as soon as you enter the position in order to limit the risk taking.The Take Profit order allows the stakeholder to close his position automatically when prices evolve in his favor. This is a limit order in the opposite direction and equal to the open position. It is interesting to position its take-profit in advance in markets with little trend, but it is advisable to let its profits run in markets with strong trend.
Dear mera perfect stop loss and take profit plan ye hai k main resistance aur support k sath kuch pips per stop loss laga deta hon and ye mere liye kafi time help ful raha hai is liye stop loss ka istamal bhot hi zyada faida mand hai