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This is the big question that you came here for in the first place. I’m not going to lie to you and tell you that you can make millions overnight, but if you invest some money well and do your research, then you could certainly expect to make a dent in your bills or save up for a vacation.
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agr hum apni statergy se trade kr rhe hai to humne jo management ki hai hume uspe hi kaam krna choye jha se aapko lagta hai ki market stoploss tk nhi touch kr payegi aapko whi stoploss ka use krna choye or tp jda nhi hona chiye jada tp lene se aapko stress jada ho skta hai.
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Main jab bhi kisi pair per trade karta hon to take profit and stop loss dono lagata hon is liye kay market ka movement ka kisi bhi time up ya down ja sakti hai market is liye apney account ko safe rakhney kay liye apko safe stop loss bhi lagana chahiye lazmi har trade per main khud lagata hon 30 pips ka stop loss main laga deta hon mostly tp bhi hit hota hai aor sl bhi.
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i am new but in my point of view it is good pair 50 pip for successfull and 25 pip for lose.
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One of the biggest obstacles traders face is staying focused on the process of trading and acting in accordance to their game-plan. By implementing a systematic way of making sure you are ‘doing the right thing’ you can take a big step towards keeping yourself on track. This is where utilizing a pre-trade checklist can be a powerful tool.
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I always settle 50 pips for take profit and 50 pips for stop loss. I think this is the best stop loss and take profit plan for newbie trader. Sometimes it's depend on trading situation. Forex market isn't sustainable and every moment market fluctuate,so stop loss is the only way to avoid big risk. Forex trading is dangerous without stop loss and take profit.
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i am using 25 pips to 50 pips for the stop loss and i change the stop loss during trading when my profit increase then i reset the stop loss according to market and i think it is good for trading because we could get the good profit this trading strategy and if the market go against my trade then i get the loss with the set point .
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Main take profit r stop losss k darmyan 1:2 ki rario rakhta hoon jab bhiiii trade krta hn ye Bhtttt axha rosk riward ratio ha . R ye money managment k mutabiq ha 1:2 ka mtlb h k agrrrr main ik order lagata hn to is ma agrrr mere order ka stop loss 50 pips h tw main is ka take profit 100 pips rakhta hn
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Wesay ap nay good information di hai o humay b taqreeban 25 say zyada pip kr lyni chahiye agar Kam b ho to koi bat nai lekin zyada nai krni chahiye us ko time dena chahiye
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sar mery khyal say hamen trading k time apny profit ko zyada say zyada 80 pip tak lgana sahi rahega aur loss profit 30 pip ka ye sab say best rahega agar ap ne lot ka size bra lgaya huwa hay to kabi kabi aesa b hota hay k ham take profit lganeka sochatay huwe market ki movement ko kafi bhra detay hain pher hamen ye samjh men nhi ata k ham ketne pip par take profit rakhen agar hamary sath kabi aesa ho jay to ham take profit ko kam pip par hi lgaen ye sab say best rahega ek trader k lye