200 pip stop loss - 10 pip profit?

[hello927]

It is good and wise strategy but even then it depends upon the market and economics conditions. If you set it as 70SL and 30TP,it was more better than this but it is your strategy and you better knows the aplicability of this. It seems good one also.

[reazforex]

If you have balance which can take 200 pips loss, then it is a wise decision otherwise it is a wrong decision. I have seen pips fall more than 400. They rises many times later. If you take profit at 10 pips which is 0.01 lot, you are able to make profit only $0.10.

[dharampal]

i dont think you using wise strategies if market go against you then you you go down 200 pips and loss money.and 10 pips your target this not enough using swing strategies is good and best strategies for you.

[aarti]

i think that was too risky, because we make more big of the risk than the reward, if we do like that it mean that the risk : reward is 20 : 1, that is too risky for me , i am think it can not being good for the trader

[venus]

It's important to make ratio profit and loss which is not too far away in comparation. If the ratio is too far like TP : SL = 1:20
like this, I don't think if it was effective. Don't put SL too far away if you didn't want to suffer big loss and don't place TP too
few pips if you're not scalpers.

[fauzibowo]

When trader trade they should know when to entry and when to exit. Expert trader always use stop lose they use logical place like support and resistance point. 200 pips stop lose for 10 pips i think it is very big stop lose point.

yes i agree, we should be able to calculate exactly where the stop loss, if my calculation strategy is very harmful for us, if we can analyze exactly does not matter because it would likely hit the target very large profit.

[Nabi Ahmed Gill]

Do you think it would be wise to trade with the strategy that has 10 pips target and stop loss be set at 200 pips. I think this strategy one can take advantage of forex up and down and may make profit many times before there triggering stop loss as probability of stop loss triggering is 1/20th of hitting target.

ya ak ha ot achi strategy maghar es main boht zada risk hota ha esi waja sa to main trading main itina bara risk nahi lata hon or muja abi tak wasa to trading main kafi loss eanred ho chouka ha.

[abdullahmuslim]

this sounds very risky, because the target 10 pip stop loss 200pip premises, it will quickly spend the capital in your account, this is not a smart way to trade, instead they use the profit target is greater than the amount of loss, for example, 30 pip profit target , target 10 pip loss. This will be better and will develop your funds.

correct sir by installing 30 pip take profit it will always look beautiful and I am sure this will be easily moved due to movements in the EURUSD market every day is always moving up to 130 points

[Forex]

this sounds very risky, because the target 10 pip stop loss 200pip premises, it will quickly spend the capital in your account, this is not a smart way to trade, instead they use the profit target is greater than the amount of loss, for example, 30 pip profit target , target 10 pip loss. This will be better and will develop your funds.

[executor]

Do you think it would be wise to trade with the strategy that has 10 pips target and stop loss be set at 200 pips. I think this strategy one can take advantage of forex up and down and may make profit many times before there triggering stop loss as probability of stop loss triggering is 1/20th of hitting target.

With the formation 200pips 10pips SL and TP, I think less than ideal, and there are opportunities for floating minus. Usually the comparison of TP and SL and about 1:2, for example, the SL ideally 20pips TP 40pips.