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.
stoploss is actually our own preparedness to simply accept danger. However do not allow SL might trigger all of us to have a large amount of reduction. We have been liberated to figure out how numerous pips with regard to stop-loss stop loss, so long as do not get a lot more than three % danger.
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 if was a normal day and not have any special information 50 pip is safe numbers.however, if it's a date with important news and they pose a major influence on the currency pair you trade.if so, you be careful.I have seen the market moving 200, 300 pips in a day.it breaks all records that normally you can imagine.
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 value you have suggested only works if the orders were executed in the smaller timeframe - from m1 to m15.
It's difficult to place a stop loss as small as 10pips for trade executed in higher timeframe, simply because price may moves 20pips in one candle
before going back to the direction of your order. Only the trader himself can decide what's the best stop loss and take profit amount to be used because only he knows his trading systems very well.
Instaforex best broker!
STOP COPY PASTING!
Don't Forget to Say THANKS!
if you find my posts useful
There is no certain fixed number of pips which is safe for stop loss. We need to place the stop loss at a place where it is not easily hit by the market fluctuation. Thus, we need to place the trade in a strong resistance and the support level. Getting the best entry level is very important so that ideal sl level can be used.
hmm yes different for each method and i would say just see the volume and them see how much pips can be good enough to set as stop loss, main thing is you have to find out you can be with the trend or against the trend so some times 30 pips some times 100 pips and for long term people some time they can set to 1000 pips too.
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 pips that is safe for putting stop loss depends on you the trader if you know the amount of loss that you can bear there is no a big deal in it for you to wait for someone to tell 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.
[/COLOR]I think better put stop losses smaller than TakeProfit, and to avoid a margin call as well ..
for example SL 10 pips and 30 pips TP ..![]()
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 have the TIL and PT-seller and his / her totally dependent on technique and I think the amount of compensation. I know, I'm a one-time sometime 30 and 50 Pips Pips choice, and depends on the market, but not always in the same PT and TIL
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.
Using SL or not will depend on stely trader
But for beginners like us will be more secure and comfortable if always use SL / consequence are consequences for the mistakes that we do
In addition to the SL will be able to suppress the prolonged 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.
Open
There are currently users online. members and guests
Threads:
Posts:
Member: