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It depends on money management and technical analysis strategy. I only allow to lose 2% of my capital in single trade. That's why I take lot size after finding the number of pips up to stop loss point. Mostly I take stop loss at 20 pips and take profit at 40 pips. I daily take about 8 trades with this strategy. You should define your own strategy to get better results. I think it is not good to follow other strategies.
han g bhaiya g ap na ek dum sahi kaha hay k hamay 20 sa 30 pip stop loss hi use karna cahiyay , yahi ek acha stop loss hay ,hamay jahan zaida bada risk lainy ki koshish bi nh karni cahiyay kyu k ya business hamay losses bi kafi zaida da sakta hay .:)Quote:
Originally Posted by dareking
mery kahyal main ap ko cahai k ap forex main ziyda sa ziyda jo stop loss ha wo har trade pa 10% k loss pa lagao kuin k acca karna sa ap ka wo order to close ho jay ga lakin ap ka captial bach jay ga aur phir dobara trading kar k apna loss ko recover kar sakty hain wo koi masla nahi ho ga
hanji yahan trader ko jada bada risk ke baarein me nahi sochna chahiye,trader yahan hamesha stop loss ke saat kaam karenga to wo achha kar sakenga,yahan trader ko loss se bachna hoga fir uske baad he wo yahan achha kar sakenga..Quote:
Originally Posted by naziakhan
The way in which i make a decision my stopploss and take profit is as simple as thinking about support and resistance amounts. Fibonacci retracement amounts also helpful for doings. I a few occasions make use of Pivot Points Resistance and support amounts as well. Whenever i am trading along with smaller time frames this really is very useful.
I don't think there is specified pips for the stop loss because the level of the stop loss and it's pips depends upon the available capital as well as the risk management strategy of the trader. It changes from trade to trade and also depends upon the market conditions.
Brother ye apki stratigy apke Nalysis prr ake account balance py depend krta hai ke app kitna long kisi trade ko chalana chahty ho orr kitna profit ya losss app bear krr sakty ho orr mostly stop loss ko tp se double rakhaa jata hai
Haan bhai risk ko high kare ye to kabhi bhi nahi sochna chahiye, risk jitna kam hota hai bhai utna hi acha humare liye hota hai, kam se kam risk par trading karna humare liye acha hota hai, taki hum survive kar sake bhai.Quote:
Originally Posted by fxearner
If we trade with proper stop loss and take profit then we can earn a good profit with proper money management. in my opinion the ratio between stop loss and take profit should be 20pips and 30pips. This is good strategy for the best work in forex trading.
Putting of stop loss and take profit is not what is fixed but is subject to market condition,which and the momentu, as for me i put stop loss and take profit in the following ratio. 3:2 and this varies . As i said it subject to an individual decision, but you must put a stop loss that safe enough not to hit at a just a slight moves