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merie khayal mie humaye account kie captail mutabaq stop loss apply krana chaheye...q kie akar humarie pass amount kam tu per stop lose nazdeek apply krange..q kie account safe rahe ga....we should always apply stop lose at that level which money we can afford to lose...
means that you also use a lot that has been adapted to the robustness margin ..? Do you have a raw count to decide ..?? please share ..Quote:
Originally Posted by mrinalini
A good question my brother, for a beginner I think they should start trading in Forex market with a capital of $ 100, a lever of 1: 100 or 1: 200, a volume of 0.25 and a stop loss of 30 Take advantage of pips and 40 pips, but do a lot of analysis before opening any trade, and after a period of five months or six months, your experience will guide you in choosing the right decision and good SL and TP.Quote:
Originally Posted by Anytime
that depends on alot of thing like how much the trader can afford to loose and also the market situations and also hes expriences in thsi field so we do not have an exact number of that
I feel that 100 pips difference is the best to put a safe Stop loss but i saw that all the broker sites are not allowing you the same ,some are liberal and having no such rules but some are strict .Though everything depends upon our own plan and the market reading capability as good traders always knows the safety level well.
I think the stop loss and take profit limits are very important specially stop loss, i usually use 30 or 50 pips for my positions, but sometimes when my lot size is very low I use more pips like 100 or 150 pips
is different depending on which strategy you use.
if I'm trading with M15 timeframe, I think a safe stop loss is 30 pips.I sometimes also use Bollinger bands to put a stop loss
I think 20 pips are a bit high for M15 chart because i don't think that trend on a 15 minute chart is strong enough to give us 20 pips. Can you tell that what strategy you use to trade on M15 chart and gain 20 pips per trade.
I didn't got the reason that why should not put sl for gold. Because gold is also volatile and it can blow or account in an hour. Can you please explain it.
Yeah in scalping using sl is not good because price moves so rapidly that it might return. And scripts are Download-able from MetaEditor.Also use close script to close orders when there are requotes.