My way of placing stop and take profit!

[Rizwan]

hmmm very good strategy thanks dear app ne kafi achi post ki ha or waqai he es ko parrh k kafi knowledge main izafa howa ha main pehely kafi confussion ka shikar hota tha par ab kisi had tak mere knowledge main izafa howa ha

I think you have to realize the difference between HYIPs and Forex, In fact, we can't set SL in HYIPs, what we can do is waiting for profit once we make an investment, Maybe you can get some profit or lose your entire original capital if this program turn into scam. I also want to know how long you have traded in forex? and what's leverage and lot you choose when you trade in forex? If you are a beginner and trrade with long term trading, I think it is necessory for you to set SL in forex trading, After all , SL can make you minimize your losses.

[mage]

The style, which depend on them for trading on Forex, through which you select a point stop loss and take profit is an excellent way and you should not let go until you come out of each transaction to achieve a good percentage of profits from forex

[obaid2012]

I have very good information for you. I do not hear about it.
Recently I went to the sales position with a stop loss level to 00 in my analysis (EUR /USD SL 1.28) according to. But now, I am your point of 1.285, it will be tested.

[fxquest]

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.

[sammy]

wow that is a great strategy. i also heard about this and in the process i came to knoe the term stop hunt that brokers do to spot the stops in the market. i have been seeing lately that the market is acting very crazily..may be its because of stop hunt.

[nurhidayah]

While placing our take profit we need to set such price which will be easily hit by market and we get our profit easily .
But stoploss should be a little difficult to be touched by market to prevent us from early loss in a possible winning trade .

losses that we had to avoid this we can use additional strategies such as hedging or injection of funds to withstand any trading process in which we live is so the future can be more consistent with the analysis that we use based on the trading plan that had been set before us with the best possible

[ceestech]

I mainly take my take profits depending on the amount of movement that my indicators tell me they maybe in the market.

[monkedelofi]

Hi everyone, I just want to discuss about how placement of stop in one's trading play an important role in your profitability as a trader. Some traders want tight stop in order to limit their loses, and some newbies position their stop at the wrong place, making it vulnerable of getting hit. Placement of stop should not be looked as negative thing, its our ally in protecting our capital.Setting proper stop in one'strade will give our trade enough room to make it profitable.One technique in stop loss placement I use is the 00 level, most traders view a 00 level as psychological point where most traders, banks and big institutions considers closing or opening a positions. So my advice to newbies, if your stop falls near or at the 00 level don't put it there, chances are it will get hit easily; sofor example your stop falls at 1.2200, place it 1.2190 for buy or 1.2210 for sell positions, the reason for this is to avoid the 00 level that will likely be reached, and I have experienced it a lot before. I use 10 pips allowance to give enough space from spikes, if you can do above 10 pips then its better but not below it.In the opposite place your target at 00 level because it will most likely be hit.

The way of placing trades correctly is very important for we traders to learn. This now means that we must learn it. If we are unable to do it, then we will not make the profits that you desired in the business of forex.

[ayakcalysta]

I think that he means he has an overall stop, basically if he is bull, he is buying dips, with a stop below the daily low. If it breaks daily low, then his trade idea is invalid. Some people use this for following trends, but in consolidating markets its a loss maker.

if this method can be effective in us to follow the trend, then I would use this method to be able to follow the trend well. so that I get accurate information on trade in the forex business. thank you

[cfxsignals]

What candle? Is their even a daily candle? You mean one candle stick in a day? So you mean your time frame will be in months? or years? Because I can't imagine that their one candle for a day in a chart. I never tried to do that or even check a chart that has a one bar candle as one day. So if you use one candle stick in one day in one year chart their will be 365 candles in their. I guess its feasible.

I think that he means he has an overall stop, basically if he is bull, he is buying dips, with a stop below the daily low. If it breaks daily low, then his trade idea is invalid. Some people use this for following trends, but in consolidating markets its a loss maker.