I think only need 15 pips sl, and therefore find the optimal entry opportunities, familiarize install sl for it, so it will train ourselves to do the entry effect to sl we are not touched by the market, we know that the market movement is wild
I think only need 15 pips sl, and therefore find the optimal entry opportunities, familiarize install sl for it, so it will train ourselves to do the entry effect to sl we are not touched by the market, we know that the market movement is wild
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 if you trade in long time basis than it will better to set maximum 50 pip to 100 pip stop loss. But if you trade in short time frame like M30 and H1 time frame than 30 pip to 5o is the best for you. although it is depend to you trading capital.
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 to set a stop loss strategy depends on us, if we take a large take profit then to stop lossnya be great too, but if I choose to put a stop loss in the area of support and resistance, the area is quite safe and very good, but need in the know on the stop loss area of support and resistance is also very possible to untouched, so we should be wise in 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.
my SL can be different in every trade. sometimes i just use 11 pips as my stop loss, sometimes bigger than 11 pips, sometimes i use 50-100 pips as my SL. there are no fix number for my 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.
Stop loss is used to limit the amount of loss you are willing to endure, the amount depending on the technique you use, a lot of stop loss techniques used by traders, such as placing a stop loss at the lowest point of a price for long positions or stop loss at the highest point to the position selling.
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.
According to my own experiences in the forex market from my last two years of experiences, i think using 30-50 pips stop loss is ideal for traders and if we always doing such thing, we can not make huge 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.
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.
with many experience, we will know how much pips is safe for our SL. because there are no perfect stop loss. the price can hit our SL, not matter how good is our SL. we just need to minimize our loss only
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 practices matters a lot on Forex depend on your target put TP or SL, some traders can't bear watching their trades going to loss and close it without being patient on it , also on learning and practicing we should be patient and let our minds take its time to learn well and get the required experience to earn on the live account
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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