Print
Pinterest
Gmail
Email App
Pinterest
Pinterest
Pinterest
Pinterest
Pinterest
Pinterest
Pinterest
Log in or register to download unlimited Forex robots!
stop loss
I am struggling in placing the best stop loss on every trade. please give me an advice on how to place the best/safe stop loss o every trade.
hello Taikoismail,
I can explain where I put my stop loss
do keep in mind your moneymanagement is important to the growt of your portfolio
You need to think about the ratio risk to profit, think about how to risk less for the profit
you can afford to take.
Risking a 1% of your capital balance is a good rule but too simple overlooking you
shoot yourself in the foot not thinking about compounding gain so you recalculate the 1% over the NEW capital balance and do not count in lot size but in % balance.
If i buy when the trend is up in a bullish rally then i place my stoploss under the lowest low
taikoismail wrote:
I am struggling in placing the best stop loss on every trade. please give me an advice on how to place the best/safe stop loss o every trade.
Try to use "1:3" metodology - TakeProfit is three times bigger that your StopLoss. You can also modifying this like 1:2 or other, depends on your trading strategy. If your trades will win at least in 70% you will recive nice profit factor.
Hi, in theory the stop loss should be placed at the level where the price invalidates your reasons to enter the market. Example, if you are buying into the market based on your observation that the market is in an uptrend, your stop loss should be placed at the level where the uptrend market structure has been broken ...
honestly its hard for us traders to try and give you an exact way of placing your stop lose, there are many different approach to stops based on the strategy you are using, is it % of risk compared to capital, or simply is it an adjustable SL, what i do on my hotforex account, set the parameter of my trades before hand and placing a stop loss depending on how much im risking, lets say for a certain trade ill go up to 5% or limit it to a certain number of pips, since most my trades are actually swings and at times i do leave them over night, even if i did not hit my TP and my trade is positive i adjust my SL to certain point with a positive outcome of simply break even point but thats just how i do it.
Stop loss is a part of risk management. To shield your account from extraordinary loss, you have to utilize stop loss. In any case, to utilize stop loss viably is the key. Numerous traders don't know how to utilize it. I recommend them to examine more. I am trading with FXPM. I picked the broker as a result of their instant withdrawal facility.
Profit posts by forum members!
Why don't many people post their daily winning results?
MT4talk PRO members can Turn off MT4talk daily winning result post requirements for $49.99 / month. More info...
Latest profit posts from the Trade Executor EA users.
By using the MT4talk website, you automatically agree to the Forum Rules & Terms of Use, as well as the terms below.
Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum.
What is MT4talk?
MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The Uploaded file does not come with support.
The website doesn't sell Forex robots and doesn't provide support for the ones you download. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. Even though the site usually doesn't provide support for downloaded Forex robots, if you're new to Forex and need help, you can buy the MT4talk dedicated support membership from the MT4talk forum. The MT4talk Dedicated support subscription is only available for purchase for MT4talk PRO members.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "MT4talk Forex AI Signal - Trade Executor EA" to PRO members. However, this Forex robot is only a bonus and is not included in the original PRO membership.
Updates for the Forex robots may be limited or nonexistent, depending on the creator. If you choose to download any Forex robot or setting file from the forum, you acknowledge that you are using it at your own risk. MT4talk PRO membership is a digital product. Therefore, after you complete the PRO membership purchase, there is no refund available!
We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, LQDFX, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.