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If you are trading as a scalper than 20 pips is good for stoploss and if you are placing no stop loss or placing a higher stoploss then due to the higher volatility you can get higher losses as well.There is one more way to set the stoploss to check the nearest support level and place it below 5 to 10 pips
mane trade start krni hai .main pochna chahta hon kay main pehly demo account pay practice kron ya direct hi real account main invest kr k trade start kr don . kya practice zrori hai ?plz guide about forex trading
Need to go for the trading with the news and also we need the experience and we can gain it from the demo account an also we have to go for the trading with the patience ap ki baat waqi he kafi ach ha or jo app ne baat ham se share ki ha main khud us se mutafiq houn or ye kafi acha tip bhi ha forex trading main ye app ko kafi help de gi forex trading ma
SL mai trade krnay kay liye aap kay pas bohot saari investment honi chahiye aur is kay ilawa aap kay pas is main bohot sara capital hona chaahiye ta kay aap is main pips hasil kr sko aur aap is main pips ki madad sai trade kr kay acha earn bhi kr sko.
apna sl pips ke hisaab se ni rkhta. main last support or resistance k hisaab se sl set krta hu..lekin jab mere trade proft me hota hai to me apna sl change kr k trade open price se 4-5 above set kr deta hu stop loss depends on various conditions...it depend on individual,s study, his account balance, his experience etc..
i think this depend along with u analysis as a result of if u enter on a the resitence point i think u would like to place the stop loss close to and simply whenever u begin to see the market split this particular point shut u offer and if u enter rondom place the take profit greater than the actual stop loss constantly like30pips take profit 20pips stop loss
Dear bhai jee , mere point of view aur trading experience se to 100$ ke trading account mein 20 to 30 pips safe hain stop loss put kerne ke liye aur profit ration bhie yehee best hai jis mein risk aur profit both normal hain ...
Yes,you are rightist should be decided with Sustenance or opposition and they act as satisfactory one to cause.Flat turn points are also vantage in determining.so one can put SL supported on this or fixed values same ratio of TP :SL as 2:1 same that.It depends on traders condition.
I have a very bad habit of not booking the profits during my trades when I have them and emotion of greed comes into existence Most to the trader fall under serious trap of greed. While trading if they win some profits, they stay longer in the trade with greed of making more profits
Brother I think there is no actual sum of pips that is really good for setting stop loss because it is not a scientific idea, so normally I set stop loss above 60 pips of resistance level if I open sell from resistance, thanks.