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It takes practice and a lot of flying hours to obtain an accurate analysis to determine the stop loss and take profit but keep in mind it all depends on the direction of currency movements
It takes practice and a lot of flying hours to obtain an accurate analysis to determine the stop loss and take profit but keep in mind it all depends on the direction of currency movements
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 always consider 5 pips up down and i select 5 pips less than the current price in the stop loss. It really helped me in my offline Forex activity.
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's depend on the situation. you can place sl 25pips from support or resistance, depend on your order buy or sell
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 we have a target take profit 30 pips then we put a stop loss 45pips so that we can be safe and not too dangerous and too much capital loss if SL were touched before, so that was my way in determining SL so far, may help you
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 usually didn set my stop loss in my trading..but sometime when i have a doubt before i enter the market i set my stop loss about 100 pips above the take profit,and i think its an ideal propotions..and its depend each traders,because we have a defferent point a few about this,every trader has their own calculations!goodluck!
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.
installing SL depends on individual trading style, if I rarely use SL. if you have any I normally use 30 pips to 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.
If TP and SL for me it depends on the situation, for example if the game at TF 5 minutes may assume different than H1 because the value of different movements.
and MM is important to maintain the resilience of our margins
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 do not think twice to take profit result we have set masters. for example you install TP 25 points in the SL that you can put 50 points so you are safe in the trade that will take place, even though we do not know whether that will be in touch in advance
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 the best sl is 1:2 to take profit,
if not, then I think it is not ideal
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 number of pips to be used
as stop loss will depend on your
trading system and what time
frame you are trading with, so
using a predetermined number
of pips for stop loss is not very
appropriate.
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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