in a day get to trade like 20 to 30 npips that is good enough for me and that is the best for me to make sure that i have better in the market i know that i will have the best in the marketand that way i will trade better.
in a day get to trade like 20 to 30 npips that is good enough for me and that is the best for me to make sure that i have better in the market i know that i will have the best in the marketand that way i will trade better.
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.
We will all have to use the risk reward ratio at all times to be trading forex markets. This is used to choose the right number of pips that a forex trader should set as stop loss or take profits in their trading.
Patience is Key.
First we must know the risk management and then we also have to understand the market conditions that we can see in the news world news as bloomberg.com it helps us to find pairs which are contained in a sideway position is not healthy then we know the various kinds of news affecting these pairs if it was us analyze it properly by reading our equity also trading in the air and it is mandatory to use SL for me there is no open potition without using SL placement else I counted my equity based and likely the price will reverse direction at this point that I put SL with support indicators that I use
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.
me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by number
---------- Post added at 09:34 AM ---------- Previous post was at 09:33 AM ----------
agar hum wait karnai ka socte hai toh woh loss maximum hi hota rehta hai 50 pip thak thik hai stop loss karna ya usse kam mai hi mai kahuga stop karke nikal jane
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 is totally depend on the fact that what amount of risk that you have to take for your trade. If you have to take high risk then you have to place stop loss near of your trade and if you have to trade with low risk then you have to place stop loss far away.
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In my experience, i think more than 60 pips will be safe for SL.voi less than 60 pips, we will be easy to get be stopped lo.hoac we can use more than 80 pips, if any profits brought ourcan have more than 80 pips. it's really good stop loss. good luck.
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.
to SL, I use a different calculation. Sometimes even I do not use SL in my trade, but when I get my position is profit, I will install SL + for the security of my position, so I would not lose when I've installed SL +. but nevertheless it SL is a very important part in our trade, because it will always provide security and minimize the risk of loss in trading forex.
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 make us secure in loss worse even MC, to be able to trade forex and make good profit,you need to obtain good forex learning. It is important to know the basics of this business and that would be through learning. Learning to trade has become an easy matter these days. All information you need are available worldwide via Internet. You should keep updated with new methods everyday..
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.
865721 (2013-02-23)
For me i usually used a 50-100 SL for each my positions. i know it seem big, but i'm using H4 time frame as my default chart, so with the slowness of the prices the moving i can still manage to make an exit strategy incased the markets to go wild. but from my experiences, because i'm only enters the markets if i've got confirmed signals, i've never get touched by this Stoploss !!
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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