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The pivot points are really good tools to use in setting stop loss and taked as a profit targets but the important thing about setting your stop loss is that you should gives as the traded enough spaced to manouvred and this means that your stop loss should be large enoughs !
bhai ji stop loss sab traders ka apne system aur analysis ke hisaab se he hota hai koi bhi trader bina soche samjhe stop loss nahi lagata,agar koi trader 30 pips ka stop loss lagata hai to wo intraday trader he kehlaaya jaata hai..
thank you experts, we don't know what to do without your help, you're always amazing, i hope i can get your skills
han bhai apne thik kaha he stop lose bina soche and smjhe kabhi use nahi kia ja skta he stop lose use karne ke lie hmmare pass ashi knwledge and himat ke sath hi isko use kar skte hein isko use karne ke lie hmare pass ashi market movment ka hona bhut jaruri heQuote:
Originally Posted by fxearner
mare khyal 20 to 30 pips stop loss kay ly theek rehtey hain. wasy stop loss pair ki moving pe mansar hota hai kay us ka trend kis tarf ho sakta hai us kay mutabik hi sl ko laga jata hai. aur main aksar take profit ko use karta hoon.
this all depends on your size of capital and what percentage of your capital you chose for a day for trading and what you are willing to loose. usually it is good habit to select 5% of your whole capital to choose for trading for one single day. and when you loose that much amount or gain that much amount , you should stop doing trading for that day.
I think There‘s no hasitation to position stop loss in the risk degree u are meant in order to be able for you to help take. So why presently right now generally at this time there ought to be any kind of confusion on this particular regard. If u will take 2% risk put the stop loss in 2% if u wish to risk 5% of u capital location SL in 5%.
mai SL meri capital ush part le hisab se lagata jitna mai loss khane ki capicity mai hota hai agar kabhi sochta hu ki aaj 1$ se jyada loss nahi chahiye tho ushke acxording hi lot size use karta hua saath hi SL bhi
Certainly that sop loss is depend on ours as a trading strategy. we can calculate our stop losses by the using our risk management, or using support and resistent level, or we can used as others ways, it totally depend on the trading strategy that we used !
I want to earn many pips but it's possible when gain eperince in forex and really it depends on your lot or volume size and if your capital is many and you have capacity for lossing so SL is very important so becarefull with money managment.