I also think that it should be greater than TP pips, But most of times i don't use Stop loss if we are trading with H1 then its better to have STop loss around 50 pips for H4 we should increase it.
I also think that it should be greater than TP pips, But most of times i don't use Stop loss if we are trading with H1 then its better to have STop loss around 50 pips for H4 we should increase it.
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good sir i also satisify fromur openian it is always depend upon the technical analysis
but sir i see many time in demo account that when i put the stop loss point it hit
but i put take profit always it doesn't hit easily ....
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sl ko support and resistance k kuch pips k faslay per hi rakhna chahiyay, but ap ko apni profit and lossratio ka bhi khyal rakhna chahiya means loss ki ratio profit sa bohatzyada na ho.
yeh to depnd krta hei ap trad kesi lga rhy ho long ya short short mein to her 15 ya 20 pip kay bad
chot moti rsistnc aa he jati hei but long mein 30 ys 40pip k baad he rsistnc hti hei
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setting a stop loos is some kind a protection for that trader and every one put how much does he bear
but hear i add if you put your stop loos after 30 pip and you see that every thing indicate you trading wrong then
you cut your losses
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I think it is safe to define SL depends on the strategy of each trader, because everyone has their own trade stretegy. ore nice to have our own. for that we should practice good strategy that SL possibility can be minimized.
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i use a simple strategy now ..i m doing mainly scalping so that 16-20 LS time to time and depending on the stability and analysis way ..but more than 15 pips SL will be disaster in my view ..and for long term we shouldn't use more than 90 pips for normal trading ..some are using no SL but i m not thinking about it
feel the reality make faster decision
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its depend on traders business strategy or plan. it also depend on traders capital. Forex is a busy and risky platform. you should be focus on your trades and pairs. i think for short time 50 pips are safe and long time depend on trader's strategies.
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Different time frames, have different value for SL,
i guess, 40 pips is good for H1,
and, for m30, 30 pips SL is good..
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.
Forex is a business that in the Forex is just like and any business their many chances of loss or profit. in order to prevent form loss SL is a option that is helpful to preventive form loss, i think 40 go 45 pips are sufficient for a safe Business.
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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