yes if in my opinion you should not use stop loss, better hedging only,
because usually the price back again.
yes if in my opinion you should not use stop loss, better hedging only,
because usually the price back again.
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if I do not use stop loss trading. (I am one cent account)
but not really small initial (5000 pips lots initial resistance)
I am only averaging in every 100 pips up to 5 steps.
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actually good if trading without a stop loss, just rely on cut loss if wrong ..., but not so good when we loss we did not have the heart to cut losses and continue to expect prices to follow our predictions and finally met at Margine call
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I don't really think there can be a definitive answer to that question. Different people with different trading style and different strategies consider different number of pips to be safe for SL. I personally never keep the stop loss level more than 35-40 pips. I am not willing to bear a loss more than that. Although I have seen people who would keep the SL as high as 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.
How point SL depends on the type of trader as if you, if you are a scalper should be determined SL is not too close to your open positions, so as not touched fast .. as well as the type of long term trader, you should set the SL is more than TP that you specify. see also range in price movements trading period you plan .. happy 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.
How many pips is better for stop-loss and take profit, i think it is forex is from 20-50 pips. But at some time i may say that experience.
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Usually I have always set for scalping 20 pips SL and SL 60 for longtherm, with SL and TP 1:3 ratio
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 Forex is a bast job.I think SL should be of 50 pips i usually keeps sl with 50 pips and tp at 50 pips when we are in profit we can use SL as to avoid loss in our trades as like take profit i mostly using it.Thanks..........![]()
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.
before, i've said that 30 pip is maximal stoploss point to set for every trade. but, since last mounth, i have changed my view. and aplicating dynamic stoploss point for every trade. i set my stoploss according to the pattern that i trade for.
sometime, i use 10 pip, sometime 20 pip.
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 saw is 50 to 100 pip is very good to stop any loss if the market will back again
descrip that can price move to above for two week and appear the news change this move for 100 pip but this news not very important the price will back again move a bove and many pip for stop loss ask yourself in the frist how much you investment and how much pip equle ?
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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