It depends upon the movement of market. In the first stage before putting the trade, u must look at the hourly, daily or weekly market trend including the news and then set the stop loss and take profit accordingly. There is no hard and fast rule, some market ranges between 30-50 pips, some even around 100-150 on average depending on the currencies. Set it in accordance with the selected currency.
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.
dear main abi forex or forum pe new hun,muje is ka itna knowledge nai hai ,perfect loss or perfect profit ap forex me trade kar sakte hai,itni saholat hai is me.forex se to data ke hisab se kaam kia jata hai,ke kab deta aye or kab trade lagae.
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 have to place perfect stop loss and take profit for your trade then you must have to look for the technical charts as you will get good levels for trading and you can follow proper money management with that charts as well.
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im sometimes usage stop-loss in foreign exchange trade. i'm take profit at 40 pips and stoploss 25 pips. a little of one's time pattern barely werent wonderful for myself or towards me then i'm obtaining fast alternative then enjoy a very little profit.
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.
well when i open any trade than first i search next support and resistance. i put my stop loss near these levels.
support and resistance levels are too high then i follow my money management rules. i use 2:1 risk & reward ratio.
stop loss is 200pips then my 100pips..
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.
within my set up trading, i don't use fixed range for creating call of stop loss and take profit. i prefer to position them into swing high and swing low and continuously follow worth action of your points.
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.
no my friend this stop loss isn't smart in forex as a result of this stop loss can be hit in forex thus it's higher on our behalf that we both ought to utilize the a lot of tight stop loss in forex thus that we both ought to acquire the relax money within the whole market and of course the stop loss really should be a minimum of 70 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.
Eat less but best. Meray khayal say ek average take profit 30 aur stop loss bhi 30 hona chahiye. Magar main apni trading main 10 to 15 pips ko take profit kay liye set karta hun.
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 that forex is the better job in the world.who are poor man they can be rich to quick to use forex I usually have different strategy from others I usually use scalping I look for 5 to 8 pips take profit and around 15 to 20 pips stop loss it may seem werred but it works good for me
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.
in forex my stop loss and take profit plan is that here when ever get loss so i do not just start getting angry and leave forex but here i notice that mistake that because of what i lose here so i notice that mistake work on it and try next time that i do not repeat that mistake again ...
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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