there is no one solution fits all when it comes to setting a stop loss level because every trader is different
and they use different trading strategy too. and that is why we must only use the stop loss that we get from the strategy.
there is no one solution fits all when it comes to setting a stop loss level because every trader is different
and they use different trading strategy too. and that is why we must only use the stop loss that we get from the strategy.
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 you're right, it is in determining that the stop loss depending on market conditions and trading techniques that are used, this means also depends on how many want to take profit obtained, usually in the open I use a stop loss order 30 pips but this may change depending on the state of price movements
Yea i think this thing really depends on the market condition and the direction of the market. There is at times it will rise up to from 40-100 pips.
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its depend on the market situation and the type of trader if you are scalper then there is no need of stop loss if you are long term tradee then it is essential to use stop loss
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it depends on condition brother. maybe for M15 time frame 30 to 50 pips could be best for fixing stop loss. totally dependent on market conditon.
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.
decided to determine the open price it should be done carefully analyzed and in a state of calm. as if in a state of calm and comfortable allowing us to analyze not going as expected. with proper analysis and use money management we can anticipate the expected price movement if there is a reversal in price direction that is not in accordance with the open price as we do.according to the information I've got in the forum about the number of pips used to stop loss of 20-30 pips and when it is less than that would be great because then the risk in the event that the direction of the trend between the open price was still profitable although only a few
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.
Loss of profit and determination will depend on the market situation to stop.
Sometimes you put a stop loss 50 points and sometimes they only 200 Pips ...... It's all about status and market research. I know it must be greater than the TP PIP, but I did not stop losses, use, when we use H1, it is best to stop around 50 basis points of the total number of transactions is the largest H4, loss, we must raise.
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.
good stop loss in forex is the need of the many traders and those traders who know how to manage the good trades in forex are doing the well tradings and stop loss should be put at such place where it is not easy to touch to that[COLOR="Silver"]
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.
Actually, it will be better if we always set our stop loss in our every trade execution no matter if we will stay in front of screen or just want to away from keyboard. And actually we can just set our stop loss based on how much risk that we able to face when something goes wrong. For me 50 pips to 100 pips (for intraday trading) is sufficient and proper stop loss value to handle our trade. Or just set it based on price action before we enter the trade.
~Your stop loss is my profit taking...!~
~Do this business as your game or just hobby, but manage it like this is your only one earning source...!~
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I usually use 2 times the amount of TP that I specify the host, but if you are not convinced by my suggestion is that you could not follow that your funds are safer and you can find out more how you think fit to determine SL
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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