Actually it is not define that you have to set SL for 50,100,150 or more. It depends on your trading strategy. suppose for a short time trade you may set Stop loss for 15 pips sometimes it goes for 30 pips and different strategy you set stop loss as big and more. so it is not specific to set your stop loss.
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I think you can set stop loss to 150 pips. It also depends on market condition from where you can take decision.
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 try make a stop loss @ 30 pips due to intraday trading and make target 50 pipOriginally Posted by Anytime
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.
Your SL must always depends on your TP and must always depends on your strategy. If your trading scalping then your TP must be between 10 to 30 pips right? So its means your SL must be in 50 pips more or less also. the trick in here is your entry post. You post open a position when its near its support or resistance level and not going to open a position when your in or near pivot price as you can get either SL or TP depends on the market volatility. But if you open position near resistance or support level then theirs a big chance you get TP than 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.
Setup the stop lost with the precisely value because it could be easy turns into premature stop lost and cut your margins.
From my view, 50 pips is enough for the intraday trading but actually it would better if stop lost base on the strategy used.
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.
sIR WAHT TO SAY IF YOU SEE SOME TIME IN FOREX 20PIPS ARE ENOUGH TO PUT SL BUT SOME TIMES 100 PIPS ARE SMALL AND MARKET CHANGES SO FAST ,SO YOU SEE THE CONDITIONAND BEHAVIOUR OF THE MARKET BEFORE PUTTING 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.
adjust it with the existing capital, should not force that will only lead to failure, MM carefully calculated so that everything can be controlled
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.
yar dekho bhai is me baat ye hai k ye depend kerta ha aap per k aap signal follow ker rhy hain yaa aap he ki koi apni strategy hai isi lea ap hmehsa utna he sl lagan k jtna ap loss recover ker sken mere kyaal se 25 PIPS ka sl bht set rehta haihar aik k lea....
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 you are not applying the stop loss in your trading, then it simply means that you are a newbie and a gambler and if you do not stop, you would get a MC soon enough. We must use a risk reward ratio to watch and control our losses in forex.
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.
Sab pairs ka different stop loss hota hay aur stop loss ko market ki volatility kay mutabiq lgaya ja sakta hay, lakin eur/usd kay liye 25 say 30 pips gbp/usd kay liye 30 say 35 pips aur eur/jpy kay liye 35 say 40 pips ka stop loss ideal hay.
Last edited by malik; 2012-11-04 at 06:43 PM.
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