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i know that the stop loss is very important when the traders open the trading position many traders have different style of stop loss they set the stop loss with 100 pips and they trade many time in the market limit but some are using with 30 to 50 pips .
hi brother you have a nice question ok let's talk about it I think everyone have a on their trading style style we not know or everybody not know what you using your lot and which time frame you are working so it's very tough to decide the SL of your trade
Ji yeaap ka trading style Mein nirbhar karta hai aapki analysis se 5 pip ya 10 pip upr Lagani chahiye main Stop loss Ko use nahi karta hoon Phir Bhi logo ko Chata Hoon Ki stop loss ka use karna chahiye mein thodi this ki trading karta hoon isliye stop loss ka use nahi karta hoon
I think 100 pips is safe for stop loss and 120 pips is safe for take profit
because we are here to make money and not to lose money,
that's why we place stop losses in a narrow range
and take profits in a wide range
Ye to hamari money management k uper depend karta hai, boht se traders, 1:2 risk to reward ratio use karty hen, jin me 50 agar sl hai to 100 tp hota hai, ya wo isi k hisaab se adjust karty hen. Me bhi price action per trade karta hun with full money management therefore I put my sl according to it, neither too much close nor too much vide.
In placing SL, I never have the same calculations, because I always adjust to market conditions.
When I see the dangerous market conditions,
I will be more strict in placing the SL. obviously I will always use my SL for every position,
because I am sure there is always a risk I will lose my trading, so of course I do not want to lose too much.
In my opinion speculative points are controlled Stop-loss from the point of support and resistance that could be affected by the loss of points,
I do not gamble much, and I always choose the last 20Ppips set in 4opips but when practicing good points
and points will support the highest Resistance this class.
Now need to research the market well so it can determine a good margin loss.
yeah do exactly what you say that
stop loss placement is all dependent
on the merchants but to stop the loss
would be good if using stop loss if the stop loss union could be low and vice versa
baki logon ka muje pata nahi hai lakin muje apna trading plan ka pata hai wo isliye kay forex trading main jab ap koi trade enter karen to take profit and stop loss ka use lazmi karen main jab koi trade enter krta hon to take profit ko kafi door set karta hon aor stop loss ka main 20 pips tak set karta hon.
I think 50 Peps is the maximum amount you can set for the stop loss and it also depends upon your type of strategy you are trading with in the forex market there is not a fix stop loss according to the market situation