FXOpen Broker

10+ years’
experience in FX

VISIT WEBSITE

Trading Accounts

ECN, STP,
Micro, Crypto

START TRADING

Try Free Demo

Practice Forex trading
risk free

OPEN DEMO ACCOUNT

PAMM Technology

Become a Master
or a Follower

JOIN PAMM SERVICE
Page 1 of 5 12345 LastLast
Results 1 to 15 of 70

Thread: Defining Stop-Loss

  1. #1
    In Profit
    Join Date
    Apr 2007
    Posts
    121
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default Defining Stop-Loss

    Please give your idea how you define your stop-loss?

  2. #2
    FXMalay Supporter arialun's Avatar
    Join Date
    Feb 2007
    Location
    Taiping, Bukit Subang & Shah Alam.
    Posts
    1,164
    FXO Shares
    0
    FXO Bonus
    2.200
    Thanks
    7
    Thanked 2 Times in 2 Posts

    Default

    My stop lost is always 20 pips. That's the only lost I'm willing to risk.
    10 or 15 pips s/l is too small for me, as the price may make a reverse swing during the 'process' toward my t/p.

  3. #3
    In Profit
    Join Date
    Apr 2007
    Posts
    121
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Can anyone give something that more technically. Like For a certain pair, how much we should put stop-loss.

    20 pips for GBP/JPY is not a good idea. This pair always do a big retracement before goes up or down

  4. #4
    Intraday Master
    Join Date
    Apr 2007
    Posts
    350
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    im doing this

    for gu 50pips

    for gj =60 pips

    for eu = 25 pips

    for uj = 25 pips

  5. #5
    In Profit fanto's Avatar
    Join Date
    Apr 2007
    Posts
    119
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    i never use stop loss, but i use cut loss. I dont like SL, because Broker always ate my SL even my setup is right, Thats way i never use it. But i will CUT my Loss if price breakout Support or Resistant with strong condition.
    Tempatnya Orang Indonesia Belajar FOREX ya
    di www.indofx-trader.net dongsm_cool

  6. #6
    Denis Peganov, FXOpen Development Director cool user FXOpen Manager's Avatar
    Join Date
    Feb 2007
    Location
    On the moon
    Posts
    10,853
    FXO Shares
    58
    FXO Bonus
    470.989
    Thanks
    48
    Thanked 477 Times in 187 Posts

    Default

    Always...ALWAYS use stop loses!
    Bigger your account is, more accurate you should be.
    [IMG=floatLeft]http://forum.fxopen.com/ads/sign.png[/IMG]
    Denis Peganov
    Development Director
    FXOPEN NZ LIMITED
    E-mail: [email protected]
    http://www.fxopen.com/

  7. #7
    In Profit
    Join Date
    Apr 2007
    Posts
    121
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Haha. Recent trade didn't put SL for GU. Lose as trade balance worse than expected

  8. #8
    In Profit fanto's Avatar
    Join Date
    Apr 2007
    Posts
    119
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Quote Originally Posted by dude_89 View Post
    Haha. Recent trade didn't put SL for GU. Lose as trade balance worse than expected
    Thats because he hasn't good money management. With NO SL and BIG LOTS will kill his account.
    Tempatnya Orang Indonesia Belajar FOREX ya
    di www.indofx-trader.net dongsm_cool

  9. #9
    Bullish stannero's Avatar
    Join Date
    May 2007
    Posts
    64
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    but sometime market can turn around .... i think it depends based on our own emotion and money MM..

    i dun used Sl ..hehe.. but if im not confident with that trade, just close it manually though

    But SL is a good thing.. really..

  10. #10
    In Profit scalperfx's Avatar
    Join Date
    May 2007
    Posts
    218
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Usually, my trade is without SL.. But im also a swinger and my Sl is 5/10 pips above R1 and below S1..

  11. #11
    Director of FXOpen Aus FXOjafar's Avatar
    Join Date
    Apr 2007
    Location
    Sydney
    Posts
    3,323
    FXO Shares
    50
    FXO Bonus
    1.463
    Thanks
    2
    Thanked 79 Times in 51 Posts

    Default

    My stops in Intraday Breakouts are usually just above the opposite breakout level where I usually stop and reverse to make up for the small loss.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
    Australia
    AFSL:412871 ABN:61 143 678 719
    http://www.fxopenaus.com

  12. #12
    In Profit
    Join Date
    Apr 2007
    Posts
    103
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    me too i never use SL.. before i use to put SL at 20 pips.. the market always reach my SL in seconds and raverse afterwards that makes me really really mad...

  13. #13
    In Profit
    Join Date
    Jun 2007
    Posts
    116
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    I always use a SL but about 200 pips below the current position. I can help me NOT to reach the margin call, but at the same time to give the market enough time to reverse ) What do you think?

  14. #14
    In Profit scalperfx's Avatar
    Join Date
    May 2007
    Posts
    218
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Quote Originally Posted by borovic View Post
    I always use a SL but about 200 pips below the current position. I can help me NOT to reach the margin call, but at the same time to give the market enough time to reverse ) What do you think?

    200 pips SL is a huge for me.. But if u trade with very volatile pair such as GBP pair, it's seem reasonable for daily ranges..

  15. #15
    Bullish
    Join Date
    Jun 2007
    Posts
    97
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Quote Originally Posted by goldsniper View Post
    im doing this

    for gu 50pips

    for gj =60 pips

    for eu = 25 pips

    for uj = 25 pips
    Good suggestion,thanks.

Page 1 of 5 12345 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2017 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning:: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us