200 pip stop loss - 10 pip profit?

[DiF0r]

This strategy can come around and bite you. You will get a lot of trades that will end in 10 TP but when you catch a losing trade you loose 20 profitable trades... If this works out in longer term then great but I've seen a lot of robots with TPs around 10-20 pips and SL around 150pips and they make very little in the long run

[spread]

200 pip stop loss - 10 pip profit?
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.

I think the account management is what we always need to do
but how it managed it would be difficult I see that "200 pip stop loss - 10 pip profit" sounds very risky SL is 200 pips so is too large and TP is 10 pips is too small with my opinion this is crazy

[eddy]

I prefer 10 pips profit since the acquisition it will be a bit much and it must be with patience and consistency in trade will always benefit in accordance with the wishes of traders

[joru]

yaar mujh abhi tak say pips kay chakar samjh he nhi aya hai kay kia mashala hai is ka aur hum is ko kion use karta hai aur kiss jaga par humaya is ko use karna chiya hai

[yogesh]

I have no doubt that a bigger stop loss reduces the chances of hitting stop loss or so losing and naturally so there remain for chances of winning, so we can make profitable trades several times before hitting stop. The biggest threat remains is what if first time the little chances of stop loss work out we lose big even without earning anything, but it is forex - it is risky and we have no option but to play with risk,

[rathod]

to avoid from floating minus too big then the trader have to put the order at the right track, or they have to know the point for open position or close it and with them then they only need to hold floating minus with good, not too big..
and for it , because i am a scalper then i seldom to use it for my trading..

[3mala]

I think it is the worst way to trade and risking 200 **** for 10 **** profit is not at all the right approach and any trader who trades in this way needs to change his strategy and approach to make profits in these markets otherwise they will loose a lot of money .

[deep]

It is not a wise way to trade if you intend to compound your earnings because one loss will erase the work of 20 profits. It is better to trade and withdraw any profit you make using this strategy.

[Rizwan]

Its always a good idea to keep the loss in mind, and its even better to get the loss to a minimum level. never expose your trading to bigger and irrecoverable losses and do not be too much optimistic.

right nuksan pehly nafa bad mein jab ap mind mein set kr lo gay nafa nuksan to ap becareful ho kay trdae
kro gay

[joko]

It's not good to set SL too far away and TP is too near although the possibility if TP is hitted could be higher than SL was hitted.
If you set SL in range 200 pips so it's better to set TP in range 100-200 pips too and you will become swing traders. But if you setted
SL in range 200 pips and TP in range 10 pips, it won't be short-term trading but it is not long-term trading.