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me hamehsa scalping hi karta hon..aur scalping ke hisab se me hamehsa apna stop loss 25-30 pips ke aas paas rakhta hon
kayi baar me technicals ko study karke bhi apna sl set karta hon lekin jab mujhe support aur resistance ka thik se andaza nahi lagta tab me 25 pips ka stop loss set kar deta hon
jab mujeh support aur resistance smajh me aate hai tab ussi ke hisab se stop loss lagata hon
its depend on the trader that how many pips they want to be choose for stop loss, but its very important for the for trading to save the capital and stay for long time in trading.
in my experience, at least SL = TP, so the risk and profit is directly proportional. but sometimes I use TP SL = 2, but often the SL touched first. SL should not exceed the TP, because it would be very risky
kiyny pips ka stop loss hona chahiye main nay kabhi b nahi socha main bas kuch points k baad stop loss laga deta hn waisay stop loss hum par depends karta hai k hum kitna loss bardasht kar sakty hain waisay main ziada tar 20 points ka stop loss lagata hn jo meray hisaab say theek hi rehta hai.
I think better to install the SL between 30-50 pips.
I think that 30 pips is fine to set the stop loss.
but it varies from day to day and varies from Pair to pair.
But what i reccomend is on average it is 30 pips for overall trades.
the use of stop loss depending on the strategy that we use and depend on what we are trading session. European and American session requires a stop loss distance greater than the Asian session. because of price movements in the euro session is more wild than the asia sessionQuote:
Originally Posted by hibbah1
i think some where about 20-30 pips. but of course it shall be decided according to your MM an plans. risking our money for much extend is always some what stupid .we shall make an appropriate place for SL's in our strategy.
Basically it depends upon your strategy, but for a general idea (the higher the time frame, the higher is your sl and accuracy and the lower the lot size) by lower lot size i mean, play your money management as SL is higher in the higher timeframe. In general for 1min. not use more than 10 pips sl, for 5 to 15 min. it shoud be 10-30, for 30min to 1 hr. it is 30-60 pips for 4hr. it is 50-150 and for day it is 50-250. These are just suggestive stop losses according to the volatility of the time frame, you should use sl according to your strategy or your experience along with these sl in mind.
A easy approach is to place a SL 2-5 pips below the lowest low or the highest high few bars back, or few pips below or above support or resistance or trendline or 144 or 200 ema but not in the case if the distance is a lot as compared to your TP
in my opinion, traders should not use it.or can avoid it. if you have good strategy or if you have good money management then no need to use it.sorry to say, stop loss function hunted my money too many times and thats why ignoring.