I put about 50 pips stop loss, I also use a money judgment by management and analysis support resistance. stop loss makes my account more secure and not floating big minus
I put about 50 pips stop loss, I also use a money judgment by management and analysis support resistance. stop loss makes my account more secure and not floating big minus
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I think you can not bind it to a fixed formula.It depends on traders to traders.Because different traders have different strategy to the market.They are different in attitude, trading style, capital and money management.You should always follow it according to your own money management strategy.Nevertheless try to give your trade some room to taste the market by selecting the stop loss level in a couple of pips distance.But this should depend on your account status as to how much you can afford to 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 dont use SL in my trade. i use proper money management. so i think i dont need to use any SL in my trading. but i have a maximal risk. if my floating are more than my maximal risk, i must cut loss all position
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.
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 use SL to market conditions and adjust my strategy. and there is no fixed calculation for me using SL. but certainly in every trade, I would use SL. because the SL is very important to keep our accounts in order to avoid too much loss. so in my opinion, to use any strategy in the trade, we should always use SL for our trade, so that it would minimize the risk of this forex business.
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.
We just use a number of reasons and conditions before we traders could use the stop loss and take profit setting. The most important thing that decides this is actually the strategy that we are trading forex with..
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 reduction may possibly uniquely simply by unique trader. Many make use of 50 % of the get profit as well as many make use of two times involving getting profit as well as many make use of guide book. Although I take advantage of two times involving getting profit. That is protected in 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 think SL point always depends upon the trader's capital because if trader have low capital then he have to put stop loss in early stage but if he have enough capital then he can put SL by calculating his loss. So i think trader always have to put SL on the right point so he don't have to face huge 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.
yeah right, depending on how much trade we could accommodate the loss, but in theory I could, I would take the SL than 4 times the target TP, may be more, because it all depends on how we can keep our losses trading sector in it, but honestly I still can not consistently use this 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.
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