My way of placing stop and take profit!

[munna khan]

It is very effective because most traders put their take profits at major levels like 00 and minor psychological levels like 50. This means that they will ensure push the price to reach this level before taking profit.

[Raja Ahsan Saleem]

it is very good stratigy i like it very much most people dont follow it , but i follow it most of the time and try to make my risk more and profit more but i have to w8 also for this to make profit and of course some time it make me loss but mostly average of profit in my trade.

[jogoroni]

i do think making use of stop losing throughout appropriate cost tag carefully relevant to support strong product. it will likely be more accurate considering that the cost tag goes lucratively and so complex to forecast throughout wide range event choice.

[rashedul]

Respectable tips, especially the one most the psychological raze. It is really impressive because most traders put their decide profits at starring levels same 00 and pardonable psychological levels same 50. This implementation that they leave insure pushing the cost to contact this layer before attractive acquire. However your see clear and stay sum should course adjoin on your entry and peril to approving disagreement.

[kash]

here in the forex business we need the better thing to use it because you know this thing it is very risky business so here you need the stop loss and the take profit to make your trade best so we use it the stop loss when we gone in big loss and take profit we use for make the big profit how many we want

[gretongan]

Placing a stop loss to risk less money is a good thing but point of stop loss is not a matter of mind its must be based on technical analysis, you must consider support and resistance for your position than decide your point of stop loss. and you can survive easy business forex market

[faruk339]

Much of this original conception of the genre is still alive whenever a short joke is told to make a certain humorous point in everyday conversation. The longer exploits left the sphere of oral traditions with the arrival of the printing press.

[naziakhan]

i always trade trend wise and never place stop loss because i only use 5% margin and i will make average after 50 pips loss and close that trading in profit

i think it is not a good way to trade in forex market .you should place stop loss in your trades .if you do not use stop loss then soon you will receive margin call and you have to leave forex market .

[jubel200]

PLEASE explain your strategy of placing sl and tp by picture .i think this is not too hard for posters.and for newbie like us will get a good idea from them so please post with pictures. Hoping that you will answer soon.

[mohsin15]

i always trade trend wise and never place stop loss because i only use 5% margin and i will make average after 50 pips loss and close that trading in profit