It is totally depends on your capital here that you can select. Your capital can play a great role in the case.
I think that you should select 20 or 25 pips per trade as a stop loss.
It is totally depends on your capital here that you can select. Your capital can play a great role in the case.
I think that you should select 20 or 25 pips per trade as a 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.
SL are depends totally on the market situation it is because if you think market is in more fluctuation position at that time not use SL because most of times markets mostly up & down so this condition is not suitable for applying SL on the other hand you can 30-40 pips in 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.
stop loss is very useful to maintain our accounts from margin call , sometimes I found price hitting my stop loss and then target achieved , I realized I was wrong because I put my stop loss after seeing small time frames , and discovered that the right to place it after seeing the largest time frames .
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.
of course placing stop loss depends on the opening of the position..i am on behalf of keeping stop loss tight..because if you analyze the market according to your trade strategy, then it will be good to detect the reversal conditions as soon as possible and keep the SL at an affordable place
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.
im not sure , but im taking in the average 40 pips to dont make a big risk and also im using the stop loss tool to dont eat from my balance
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.
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 to use the SL is not the problem, instead will protect your account from margin call, but we should also consider how SL is good for granted, my advice is do not get too close to the price now, because it will be easy to quickly touched.
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.
still i haven't use them for my trading. i am going with a demo account now and am practicing myself on how to become a good trader in forex . I already have made my business plan. i think that will be very effective 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.
For stop loss I think 100 pips can be safe as per my calculation but it may vary man to man and this is how different person sets different Stop Loss limit while placing order here in Forex trading while trading here this is how.
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 and take revenue is determined by industry scenario..
sometimes you can set stop-loss to 50 pips only and sometime you can create it 200 pips..Its all about your research and industry scenario..
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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