i think you can make stop loss double take profit to give you good chance to survive if the market reverse but if you make stop loss small the market will hit it and you will lose your position early so you must make it far to give you position more time
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 strength are brave, careful in every trade, always check again when I am not sure, and ready to learn the news by the sennior. I think I can sucess with it, can I ?
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 amount of pips that is safe for the SL in forex trading depends on our trading strategy. Long term traders can use a stop loss of 200 pips and the day traders can use a stop loss of 50 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.
I am a newbie in Forex and I am currently practicing in demo. I always have 5 position open everyday and I never used stop SL and exit target, I just closed threads every time I earned a little., very soon, you will see your losses. 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.
I am totally agree with you that learn fast but trade slow.some trader get profit at first time but it is right he also lost the profit if he do not learn perfact roles of 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.
i think for that the according for mine knowledge and it should be the greater than for this TP pips,but most of that time i do not used for the stop of loss if we are trade with the hour1 then i think it is the best to have the top of the losses around in the 50 pips for that hour4 so we should always increase for it.
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 tips that are not touched it I have not found the answer with certainty. I try and still I try is to analyze price movements and do match with the existing range of price movements. and indeed during this match, but sometimes there is some chance that my loss of control.
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.
hi bro,
I think SL is the most important thing in forex trading business. It's help you to overcome your loss and sometime it's prevent your loss situation. Using demo account for learning it's really be a good idea. Using demo you can learn how to use SL.
best of 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.
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The amount of stoploss is depend on a traders trading syle; if a trader trade for long time then the stoploss must be learge and for a scalper the soploss must be small; but it should be 1:1 or 1:2 with tp;
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
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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