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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
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.
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.
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.
Please recommend if i scalp in TF 5 and TF 15. What best TP and Sl EU PAIR and GU Pair
Thank
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
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
most of the traders not use stop loss. they use mertingle manual strategy.
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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