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Topic: Stop loss and take profit

It is necessary for all traders to use sl and tp. But depending on time frame they are using for trading. For M30 you can set tp and sl around 20-25 pips and H1 it can be more than 50 to 60. But never let your trade open. Its a risk

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Re: Stop loss and take profit

yes stop loss is very beneficial for all traders .if you use this tool then you minimize their loss and if you are busy in some matters then due to this tool you automatically control your trade through this.

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Re: Stop loss and take profit

hi rafaychaudhri47,
i am agree with you also about the fact you are talking about i want to get profited also and known from many user on this forum that they are getting good profit by using Super Signal Scalper EA, i  want to get that also for that reason i am want to be pro member.
thanks.

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Re: Stop loss and take profit

hi gaznifx,
you are right its true i am getting good profit by using that ea as you can see i am pro member and i was got $200 profit after depositing $165 in my account and getting more and more.
thanks.

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Re: Stop loss and take profit

Please recommend if i scalp in  TF 5 and TF 15.   What best  TP and  Sl EU PAIR and GU Pair

Thank

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Re: Stop loss and take profit

StopLoss and TakeProfit are very important to be include in trading position. In the event the market goes against you atleast you will have some checks to make sure your account is not blown out

Re: Stop loss and take profit

yes take profit and stop lose very important in forex.

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Re: Stop loss and take profit

i agree with you every trader should protect his trade with proper sl and take profit levels especially when there is some upcoming news because in the news time market become very volatile can sl and tp protect your trades and capital

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Re: Stop loss and take profit

most of the traders not use stop loss. they use mertingle manual strategy.

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Re: Stop loss and take profit

jeeansari wrote:

It is necessary for all traders to use sl and tp. But depending on time frame they are using for trading. For M30 you can set tp and sl around 20-25 pips and H1 it can be more than 50 to 60. But never let your trade open. Its a risk

How can I enable sl and tp? I am new to forex so I don't know. Please provide a detailed description.I am mt4.
Thanks

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Re: Stop loss and take profit

I agree that StopLoss and TakeProfit are very important for a trade. Its risk management strategy. its also impotent where you put your SL and TP. Is there a good guide line for SL and TP? I do get spiked out on my SL sometimes.

Thanks..

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Re: Stop loss and take profit

azaib77 wrote:

most of the traders not use stop loss. they use mertingle manual strategy.

thats not true at all. martingale is very risky if market starts trending you can lose all your account at ones. and be sure it will happen one day

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Re: Stop loss and take profit

Stoploss and TP are essential, it makes you not lose everything at once

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Re: Stop loss and take profit

Nak menurutku, cara trading manual kui ojo ditinggal turu walaupun wes dipasang tp karo sl

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Re: Stop loss and take profit

agree sometime i also understand about important of SL. i am using EA to make stop loss for me around 20-50 pips.if the trader is to lazy to put the SL it is better to used EA TP and SL.

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16 (edited by arefan 2016-11-13 17:55:26)

Re: Stop loss and take profit

SL is most important which is most difficult to set properly imo

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Re: Stop loss and take profit

hey it seems like my stop losses are being hunted, everytime i place a trade iget stopped out.

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Re: Stop loss and take profit

I use big stop loss, like 60 pips. and small take profit, like 5 pips.

Re: Stop loss and take profit

for stop loss, I use ATR or MM50. MM 50 is easy to use and have good result for me.

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