200 pip stop loss - 10 pip profit?

[moti]

ap ki stretegy bhi kafi achi lag rahi hai. as I m new bie so main is tarhan ki stretegies search kerti rehti hon. I like it. but mja smajh ni a raha k jo ap ne reason di he yogesh ki stretagy ki k woh sahi ni hai. as mja to sahi dikh ri ha. and ap na jo neglect ki ha stretagy ko ap mjhay sahi sa explain kr skta ha?

[sidhu]

han ye bhi strategy thik ha ager app k account main kafi capital ha to main to khud bhi stop loss use he nahi karta houn main take profit sahi baat ha koi 10 pips ka rakhta houn or stop loss to use he nahi karta es lye main ne app ko sahi bataya ha

[dineshji]

I think it is the worst way to trade and risking 200 **** for 10 **** profit is not at all the right approach and any trader who trades in this way needs to change his strategy and approach to make profits in these markets otherwise they will loose a lot of money .

[newentry]

to avoid from floating minus too big then the trader have to put the order at the right track, or they have to know the point for open position or close it and with them then they only need to hold floating minus with good, not too big..
and for it , because i am a scalper then i seldom to use it for my trading..

[dineshji]

it can be possible to make good profit as long as you will be watching the charts.200 pips stoplose it too high and 1 loose can erase your 20 wins.and you should not open a random position just based on this set up.or the trader can test this strategy with different stoploose and take profit settings.the advice of the professionals is your TP have to be at least 2 times bigger than your SL.so that even your loose trades will be more than your wins .you will still gain profit.

[sidhu]

1:20 ratio is a great for scalper in this way the price will hit the take profit many time but you have to look to the bad thing too, this way you will get 19 win deal and 1 loss deal that make you loss all profit .

[avi]

ji ye to bilkul loss situation hi rahay gi, matla agar aik baar ap ka stop loss hit ho gia to phir aapko 20 consistent wins ki zarorat paray gi apna loss cover kernay kay liay. Iss liay ye aik bohot hi buri risk to reward ratio hay, iss per kabhi bhi trading nae kerni cheay.

[barkiman]

10 pips profits only for 200 pips stop loss ? this statement should be wrong.i will not place this much pips for taking only 10 pips profits.because if markets turn into negative direction then i will lose every thing in trading forex.

true, if only targeting 10 pips, why risking 200 pips. better not to use a stop loss. it's even better. you just need to cut loss if you deem it necessary. I had ever done anything like this, but ended with big losses.

[tajdarbet]

Do you think it would be wise to trade with the strategy that has 10 pips target and stop loss be set at 200 pips. I think this strategy one can take advantage of forex up and down and may make profit many times before there triggering stop loss as probability of stop loss triggering is 1/20th of hitting target.

han ye bhi strategy thik ha ager app k account main kafi capital ha to main to khud bhi stop loss use he nahi karta houn main take profit sahi baat ha koi 10 pips ka rakhta houn or stop loss to use he nahi karta es lye main ne app ko sahi bataya ha

[babu]

10 pips profits only for 200 pips stop loss ? this statement should be wrong.i will not place this much pips for taking only 10 pips profits.because if markets turn into negative direction then i will lose every thing in trading forex.