sl use karna mujhe bilkul pasand nehi hai and karna bhi nehi chahta hu,ma dekha ha ka market up aur fall bohoot karte hai ledkin market agar huge falll karta hai to wo phirse back bhi karta hai.ledkin uska liye wait karna parta hai.
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sl use karna mujhe bilkul pasand nehi hai and karna bhi nehi chahta hu,ma dekha ha ka market up aur fall bohoot karte hai ledkin market agar huge falll karta hai to wo phirse back bhi karta hai.ledkin uska liye wait karna parta hai.
stop loss is very important and we put stop loss because we expect that the price will contntinue against the deal and will not retreat to the last price but we we have an expectations that say the price will reatreat we have to put stop loss order on other point.Quote:
Originally Posted by Ahsan
yes,you are right.SL should be decided with Support or resistance and they act as good one to determine.Even pivot points are also good in determining.so one can put SL based on this or specified values like ratio of TP :SL as 2:1 like that.It depends on traders need.
if you trade as a day trader, 30 pips will enough to be consider as a safe stop loss. but if you are a longterm trader, that kind of amount will surely kill your account soon enough. so the point is, the stop loss must depend on your strategy.
i usually use 50-100 SL for each my position. i know it seem big, but i'm using H4 time frame as my default chart, so with the slowness of the price moving i can still manage to make an exit strategy incase the market go wild. but from my experience, because i'm only enter the market if i've got confirmed signals, i've never get touched by this SL.
I think Placing stop loss matters a lot this will help you to manage your loss properly you shouldn't risk more than 5% of your account remember; this could guide you on how to place your stop loss.
The stop lose can be from 10 pips to hundreds of pips that is depends on the strategy the trader use, and how much the account holder can afford, if you are an intraday trader then your stop lose can be from 15 pips to 30 or 40 pips
According to my noises it should be greater than TP pips, But most of nowadays i don't use Kibosh amount if we are trading with H1 then its change to get Restraint expiration around 50 pips for H4 we should increase it.
Miane aapni trade par sl ka istemal jada nehi karta hoon.Kyo ki mujhey profit ka jada khayal rehta hay.Phir bhi main yeh keh sakta hoon ke 50 pips hi thik rahega stop los ke liye.
I always count in the trading losses of 3% of the funds that I have. I get 10 pps to 50 pps each of my resistance to trade. by comparison, I more easily get an advantage in trade. it is a money management that I use every time I trade.