I think there is no particular SL and TP and it rely completely on investor and his/her technique and rely on how much stability there . for me soemtime i choose 30 pips and sometime also 50 pips and it rely on industry but always put same in tp and sl.
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According to the strategy adopted by you, but I advise you to set a rate of 1:2 to take profitOriginally Posted by Anytime
But I always, as I select the time frame I'm working on smaller time frame, the less 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.
I think it could not be maser by number. it is depend on your capability to loss, leverage and lot volume, but I can say that you can use 40% SL. It is just my opinion.
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 rarely use my SL more often use TP. This helps us, if we put SL so sometimes the market will hit us first and later SL into profit.
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.
Pivot points are really good tools to use in setting stop loss and take profit targets but the important thing about setting your stop loss is that you should give the trade enough space to manouvre and this means that your stop loss should be large enough.
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.
you can have lot of and less pisps stop loss very important is here in which coutry you trade and which you have trading strategy system and how much money you have in your balance strategy system because you can have other strategy for example scalping and hiher time frame 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.
i think 100 pips is safe for stop loss because if we enter few pips then it can touch out stop loss easily then our price will come back, so always put big 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.
It depends on the circumstances. My own limit of not more than 40pip SL. and that I specify the full consideration, I analyze the market situation to know, that I use to determine Sl and targets. each trader may be different, but I'm sure they are not indiscriminate in placing the SL. This is not too difficult 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.
its depend on the trader that how many pips they want to be choose for stop loss, but its very important for the for trading to save the capital and stay for long time in 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.
sometimes you can set stop loss to 50 pips only and sometime you can make it 200 pips..Its all about your study and market condition.
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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