Thread: Stop loss ka importance?
Well, I was able to make $100 from a deposit of $75 this month and I took only 7 trades without making any loss. I did not trade too much because I was busy doing so many other things. The month of January, I plan to trade more and make much more profit. I reckon that if I can take 20 trades, then I will be able to make over $300.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Personally everyone have different beneficial months. I have read about december is worst month for hyip. but i have not read about that any month is worst or good for forex trading. According to me the best month is one in which we get more profit.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I dont think that a single month will be good for trading but if you trade within the rules then it will not difficult to get constant profit from your trade every month. It is only depend on that in which month you get decent profit beside the other 11 months.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I do not know the best month to get profits from the forex trading. I think every month is good for anyone in the market if this month is not good for you then may be next month will work for you to create profits from the forex trading.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
yes use it or not? importance is there because this is the market and you are sleeping and one new can come which can change all the market so better you have stop loss and then if any thing extraordinary happens at least you have some thing to rescue you and it is great option for trader.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Importance of SL depends upon the trading style.If you are a weekly or a long term trader and you wont check the price often,then SL is important .
But if you are scalper and you are glued to the system watching the price all the day,then SL wont be that much important.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
some trend last for a month even you may find a six month trend and you can see if you ride a trend you may follow that trend for long time and igf you were lucky then you may go with the right trend for long time so yoyr good time may depend on trend and how long that trend can last. so try to follow the trend and your best time will come.Originally Posted by shinde
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Yes SL is not recommended for scalpers.Because the TP and SL values will be low like 5pips.so lot of chances for the SL to get triggered as 5pips movement is just a fluctuation in forex market and for scalpers each pip is important.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
for me in my trading experience,i feel that october 2010 and may 2010 was the best month.Because in those 2months only almost my profit scored up.
in other months i made considerable profits.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the usage of stop loss depends on the person.some traders find Stop loss important but some find avoid using it.Traders who believe that their trade will be 100% profit will not use SL .And mostly scalpers also avoid it.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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