The level of pips for stop loss mostly is determined by the strategy which you apply to your trading. Normally intraday strategies would require 40 to 50pips, while for scalping you need between 4 to 8pips depending on the time frames for scalping.
The level of pips for stop loss mostly is determined by the strategy which you apply to your trading. Normally intraday strategies would require 40 to 50pips, while for scalping you need between 4 to 8pips depending on the time frames for scalping.
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 think that after you trade in the pivot purpose you may utilize the stop loss by your break of the purpose with 5 or 10 pt other then if you do only trade with sensible strategy and best management i think that one could use 50pt as take profit and 30pt regarding the stop loss
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 strive to firmly stick to firmly 50 pips sl, as i that quantity of pips i simply settle for by having money management plus market has to firmly flip extremely arduous against you so as to firmly reach this target. a few mistake has to firmly be created located within analysis that market goes 50 or a lot of pips against your trade.
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.
Stop loss generally depends on the trading strategy. It can be the last lower price point in case of long entry and previous high in short entry. It also depends upon the capital of the trader. More capital means we have some more room for stop loss.
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 think it depends on the balance you have and the lot size you are using, if you have enough balance and lot is small then you can use that from 40-50 pips but if you are using large lot then you can't leave that more than 20 pips, so just check you situation and place the stop loss.
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.
regarding sl i feel its rely upon traders account balcne however i additionally assume if there's sufficient balance then its large. however for myself it should differ for market condition however 50 pips is large and almost all the time i used it however tp is 30 out to 40 pips.
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.
It depends on what type of strategy you are using and what timeframe you are trading i normally trade M5 timeframe therefore i likes to place a stoploss of 20 pips and sometimes if entry is good then even less.
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.
yeah u r right.. its all rely upon situation.... however typically i place stop loss on basis of pivot purpose,.... due out to accuracy and scientific base i will trust pivot purpose....
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.
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.
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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