200 pip stop loss - 10 pip profit?

[yogesh]

It's bad strategy to set SL in 200 **** and TP only 10 ****, if we made it as ratio so ratio for SL and TP is 20:1.
So far, as I know good ratio is 1:1 or 1:2 or 2:1 for SL : TP so if you placed SL and TP in ratio 20:1 then it is
high risk but low return.

Well every one has their own calculations as per me the longer the stop loss lower the chances of losing though we loose big if we lose at all. It also depend on the instrument you are trading in that what should be good stop loss, for e.g. lower stop loss in gold is not worth due to high volatility even though trend is intact.

[shinde]

I have been coming across many traders with such strategy and I feel it might be a good strategy but before I trade with this strategy in real account I want to practice in demo account first and see the results and then shift to real account.

[lax]

Now you are talking. When yot are just trading you stand gaing a lot with small moves and compounding. The best way you can reach to great heights then you should compound weekly,the amount you get then keep it for three months. These is the greatest way you will be in these market is the small **** steps you make. These is a good desition. Try to use a leverage of 1:25. Good luck.

[muhammadatif]

Main to is ko inthai ahmqana trade kahoon ga because 200pips tak down jana bohat hi mushkil hai or currencies main 10pips upward bhi asan nahi so ager aap ka capital small hai to chances bohat roshan hain keh aap ka account nil ho jay.

[anubhavsingh]

mujhe ye strategy thik nahi lagti kyunki me kabhi bhi stop loss kisi fix value pe set nahi karta..me hamehsa stop loss market ke support aur resistance ke hisab se hi set krta hon
me ye tarika kafi time se follow kar raha hon aur mujhe isse kafi fayda bhi hua hai..traders ko aise hi set karna chahiye stop loss aur take profit

[aadrika]

With such a strategy it means that you will need to take 20 winning trades for any lost trade. It will be better not to put any stop loss in your trading account so that you will be trading with a no stop loss strategy.

[s19]

200 pips Sl and 10 pips for TP is very dangerous strategy my advice to all traders lease don't use such strategy otherwise you fall in into big issue..its like committing suicide..because if one trade go against your prediction you will loss all money so its better to set SL around 20 pips and TP may be 15 pips. that's quite better strategy in spite of your such risky strategy...
because maine khud aisi strateg karke loss khaya toh ye meri advice newbies or old trader ke liye.don't follow it.

this may be profitable. its depend on trading that where you are going trade.
like if open trade at oversold and overbought level opposite trade then there is less chance to hit our stop loss level.
beside this, we also focus on news also if using this kind of strategy.

[maliknas]

Having this type of stop loss and take profit is the best one. Most of the time the price comes back after 50 to 60 pips so in 200 pips stop loss there is very less danger of hitting it but 10 pips take profit has more chances to hit, so I think it is a good strategy.

[bigearners]

200 pips Sl and 10 pips for TP is very dangerous strategy my advice to all traders lease don't use such strategy otherwise you fall in into big issue..its like committing suicide..because if one trade go against your prediction you will loss all money so its better to set SL around 20 pips and TP may be 15 pips. that's quite better strategy in spite of your such risky strategy...
because maine khud aisi strateg karke loss khaya toh ye meri advice newbies or old trader ke liye.don't follow it.

[fumina]

I think it's a little bit too much if you setted 200 pips of Stop Loss and you setted 10 pips of Target Profit. I prefer to make
ratio SL and TP about 1:1 or 1:2 or 2:1. If you want to set your stop Loss about 200 pips so you should become swing traders
and you must set TP at least 100 pips.