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Yes, SL should set on the support or resistance level it may be 10-20 pips. Setting SL is also depends on short term/long term trade. I set SL 15-20 pips and TP 20-40 pips for one hour trade.
Yes, SL should set on the support or resistance level it may be 10-20 pips. Setting SL is also depends on short term/long term trade. I set SL 15-20 pips and TP 20-40 pips for one hour trade.
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 never consider any fixed Pips for Stop Loss. I consider my equity & I'm willing to loss maximum 1% per trade. According to that calculation my Stop Loss & Trading Volume may vary. But I think 30 -50 Pips is standard for 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.
yes
I use double of take profit. this is safe for me. .......................
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.
jab um real treading krty hain to ap pips k sath work krty hain to ap loss sy bach jaty hain indicator aur pips sy ap kafi profit kama sakty hain lakin ap ko is ka istmaal krna hata ho ye sub kuch ap demo account ki badolat seek sakty hain aur ap loss sy bach sakty hain...?
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.
by placing SL or cut loss if our analysis one is going to keep our account of the MC that can bring us down to what we do so that the MC and usually we would regret not using 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.
I was really scared when open orders without a stop loss, if I usually use a stop loss to avoid larger losses when prices moved against the prediction
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.
Setting stop loss and take profit depends on market situation..
sometimes you can set stop loss to 50 pips only and sometime you can make it 200 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.
If you have a good trading system, determine a good stop loss will be easy for you. Because a good trading system teach you about the reason and analysis why you open a trade, and then where the point when your analysis is fail. Now I trade with a trading system that give me just 7 pips for my stoploss. I hope I can make a consistant profit with this trading system.
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it is not rule because it differs from one to another according the method of trading there are many strategies don't use the stop loss for me i use 30 pip as stop loss in normal condition of market
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.
The best is when you are about to trade just use about half of your take profit as your stop loss to be in a safe side and i think that is also the right risk/reward ratio for a good trade.
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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