yes i also think so . when we do scalping then everything happen very quick and when all time infront of our pc then its not necessary to use set SL but without scalping its must be set SL and TP because it may secure our account.
yes i also think so . when we do scalping then everything happen very quick and when all time infront of our pc then its not necessary to use set SL but without scalping its must be set SL and TP because it may secure our account.
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25 to 30 pips are safe for stop loss if you set it on more value then it give you more loss therefore you must watch the market and then place your order other wise you go in loss
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mein to apne trading aur avaialble equity ke hisab se mein apna stop loss chhoose karta hoon.basically mein scalper hone ki wajah se mein jaldi hi position close kar deta hoon so mein kabhi kabhar sl bhi nahi rakhta
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 the pip that needed to confirm that the trend has change, for example if you think that the price change the trend if the price move more than 30 pip, then set sl to 30 pips . Thanks
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i think it is depend on market situation. because you can not say the the market cant fall below your sl.
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20-50 pips, even more. but it must be based on a proper analysis and precise to get it in order not to run into huge losses.
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.
its depend on your balance and money management, but my personally i am use 50 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.
For a small investor i think the SL is 5-6pips for his safety. but If one wants to take it on his own risk then he can do 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.
pip calculation for SL that I use, depending on market conditions. I use the trading strategy trend lines, so I always make a picture of the market with trend lines, and based on the trend line is also usually I put the SL. so there is no fixed calculation for me to put SL. but obviously I will always use SL in any trade, because it is a way to avoid the loss is too great.
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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