My way of placing stop and take profit!

[fahadismail]

bht he staragety byan ke ha ap ne log amoomanistra ke stragety byan nhn krtay or chupa k r rakhtahy haile lekn apne bht aca kia ha or ye stragety bht achi lg reh ma isko apply kronga or dekhon g k mere kaam b aati ha yannhn

[bablu7832]

Yes friend stop loss use karney ki skill humein demo account mey practice karke develop karni chahiye.Agar hum small balance ke saath trade kar rahe hain toh humein small lot size ke saath tight stop loss use karna chahiye.Agar humarey paas thodha badha balance hai toh hum take profit kum aur stop loss zyada rakh saktey hain jissey humara TP SL sey pehley hit ho sakta hai.

[sagar100]

I completely agree with you because stop loss is one of the main elements of a good strategy. Many new bees tend to be setting a very low stop loss which simply leads them to loss most of the times.

[AmounX86]

yes i do the same in my stop loss positioning but that is not the only factor i calculate my stop loss point it's important to be away from psychological prices but i put into consideration the following also when i consider putting stop loss 1 - support or resistance points: if there is a support point i place my stop loss beneath that point by 10 pips and for resistance point i place it above it by 10 pips ... in addition in some situations and this happens during hedging ... i place my stop loss for the loosing trade just at the take profit of my hedging trade or may be before it if i was sure that my hedge will get to the take profit point otherwise it's loosing strategy

[a_for_apple]

I often refer to the area as a round number. area will be stronger if it had been in the test into the support / resistent. area normally used as a round number instead of laying place limit orders to trade. so, we can use a round number as takeprofit for our entry, or as a position limit orders that we will do

[sagar100]

Along with considering that stop loss should not be bigger than the target we should ensure that stop loss is set at a level which is considered strong and market is not going to reach that in normal conditions, also target should be such that is expected to hit and it should look difficult to move market much beyond that target.

[king118]

orex forum india instaforex me aisa kuch nahi h ha k agar ham forex trading ko samaj ap ko ka bous ko karo gay aur iss business main karta ho sirf luck per depend ham bohot and wealthy rehna pade ga kion pata chal jay ga ke.

[dasnewton420]

its depend to brace what i select to trading in that day, for USD/JPY i e'er sort kibosh exit its 20 pips from spot and variety point is 15 pips, because USD/JPY move not realy extreem.

[zaib.bebo]

my dear in my point of view the answer of that question will be such that forex is a good business. yeh boht ashe tips hain for the begnniers and also for other trader but my way is different then these tips i only depend on my luck and invest

[shafin.fx]

I always use stop loss and take profit in my trading. I always use 1:2 for my profit. But i follow the money management rules. we always have to follow the money management rules. You don't have to more then 2% of your trading capital in one trade.