-
yes, my friend in forex trading, I obviously think that if u do not like to make use of SL and exit target, and u simply leave u trade open, there tend to be 2 factor which may occur and It‘s simply referred to as gambling and u tend to be not trading on Forex. U tend to be simply hoping it will go on u method. However there is actually a big probability which u will lose just about almost most u money as a result of u can‘t be lucky each time u trade and risking just about almost most u money on each trade.
-
yes brother, absolutely to me, I personally do consider that to guess the right spot for a perfect stop loss needs good hands on trading experience. Also it depends on the volatility of the pair a trader is trading, as the more the pair fluctuates the more deep it should be placed beyond the strong support and resistance lines.
-
some use half of the take profit or some use double of take profit or some use manual. but I use double of take profit. But most of times i don't use Stop loss if we are trading with H2 then its better to have STop loss around 40 pips for H3
-
yes brother, absolutely to me, I personally do consider that 20 pips is that the safe target with regard to SL but many of the actual time I selected my SL upabout support and resistance amounts and not upon the worth of pips as a result of whenever we selected SL on couple of pips after that it could be simply strike and we lose only for absolutely practically nothing at all.
-
Forex Trading main Trader ko stop loss ka point set krna hy aor Trader ko chhy woh Forex Trading main 30 say 60 pips main jo bhy stop loss ka point mange kar day woh thek hy aor Trader ko chhy woh Trading main risky Trading na kary aor Forex Trading kay support and resistance ko smj kar Trading kary
-
The better for traders especially nebies is not to put stop loss and open the position with low lot size , so the account can handle even 500-1000 pips and put take profit at 100-300 pip , its better than to put stopp loss , thats my opinion
-
Every trader has his own way, and each trader also its own strategy, and thus stop-loss points vary from one trader to another, as for me, I put a stop loss of about 50 points and no more than that, to preserve the capital and my money back from loss
-
i think 50 pips is the good distance for setting up stop loss. but in this field the trader have to consider on his/her amount, leverage and volume. if this configure becomes standard you can set up your stop loss 20 - 30 pips far and it becomes medium you can set up it 50pips far. it actually depends on your business situation. but a trader should keep his/her stop loss such a place here the trader never lose his/her total amount and the market can not reach the point easily.
-
I think the profit increases as experience is gained, and therefore more we learn and the more we have gained more experience, the more this was the best for the number of the winning points in the day, and thus varies with the size of the profit gain more experience
-
How much pips is safe for stop loss depends greatly on your trading strategy, so if you trade a martingale system for instance then their might be no need for stop loss where as other strategies that use stop loss can still be categorise under those that use tight stop loss and those that set high values as stop loss.
