200 pip stop loss - 10 pip profit?

[malikysd]

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.

The quantities and figures are what the forex robots base all their selections on. The list of processes robot goes through normally requires a look at things like daily, long run, and even semi-daily developments which could come about.

[lfd]

i do not think so this is wise strategy because you know that if the price will against you more than 40 pips then you have to wait for a long time to its reversal and some time the price did not come back and you have no option except to lose the trades.

I agree with you. When the market is against to me and it is continue more and more then we should change our strategics. And should wait long time to its reversal.

[vadas]

hello
I know that the stop-loss always be half profit in order not to run the risk of the account but Lada strategy was speaking about proven and profitable, why do not you work but only Haddara Capital Management

[jori]

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[khaladaktr]

may nay aik trader daykha hay jo iss tarah trading kerta hay. oss ka take profit sirf 10 pips hi hota hay aur stop loss 200

points ka, laykin oss nay mjhe bataya kay ye 200 pips wo caution kay liay use kerta hay laykin loss honay per wo jaldi

hi apni trade close ker dayta hay.

[Dawood]

Yes it is a very wise and good strategy. It is a best and good idea that we should the loss in our mind. And we should try the minimize the loss. If we open demo account first of all then we will be able to apply all these strategies , and we can apply all these things.

[marley]

it makes sense to put 10 pips profit but to risk 200 pips / trading is when to arrive at the BEP to find 10 points is probably not long enough sessions 3 times with 3 pips to 10 pips then

[eboxnadeem]

what is pips and what is the rule of pips in the trade i m new and want to learn about the pips so kindly teach b about the pips and how i slect pips for my trade

[posycns]

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.

You can also make money with Forex futures. For those who are not familiar, these are contracts to purchase or sell an asset at a set price at a future date.

[s.saha]

200 pip stop loss - 10 pip profit?

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.

i think this is a bad idea to take 200 pips loss for only 10 pips. try to set your tp and SL on the basis of resistance and support area! in my case what i do is : first i draw support and resistance level in 4 hour chart! then i draw trendline, if the the trend is upward then i place a buy order and set my sl just above the support level, tp just bellow the resistance level. i think it is the better way to set SL and TP!