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Thread: TP and SL

  1. #1
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    Default TP and SL

    The Take Profit is an important component in all trading activities. TP is one of the aspects that particularly interest actors in the forex market and on other market in general. As well as it is for the Stop Loss, replacement of tp is another dilemma for traders. With Trade12 I face no lag or technical errors like dealing desk, reqoutes and slippage and as a result of this I can successfully open and close my trade in right place.

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    With the both live and demo trading accounts of a regulated broker called Forex4you I have been trading since this experienced broker is ensuring me- expert assistance, 24 hours customer support, through regulations safety of my capital, lower zero spread, higher leverage facility which is 1:1000, fastest market execution and mt4 trading platform which every trader need to trade efficiently. Their demo account helped me to develop my trading skill by acquiring proper trading knowledge.

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    It is good that if forex traders use some risk management modules to hedge their position. And today various pending orders like take profit or stop loss are used by the traders to ensure lower risks and higher profit as possible. But for the effective SL and TP; a trader will always require a trading platform that will ensure him re-quote and slippage free timely and fastest trade executions as per his trading plans. And I am working with a good broker AAFX as it is providing me re-quote and slippage free timely and orderly trade executions through its dependable and regulated MT4 trading platform.

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    Sto facendo trading con un broker di questo tipo che mi sta offrendo tutti i tipi di servizi di trading tra cui la conoscenza del forex. TradesFX il broker che mi sta offrendo questi servizi. Sono broker di trading ECN regolamentati che hanno una piattaforma di trading MT4 nei loro 7 tipi di account. Hanno una piattaforma educativa molto ricca per il loro commerciante. Inoltre hanno supporto tecnico e strumentale. Hanno oltre 2100 strumenti di trading.

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    There is no argument on the fact that currency exchange traders can face hazardous in now and then. So, various pending orders like Take profit, Stop loss, Trail stop, etc. are used by the traders to win the market no matter if price moves negatively. Stop loss helps a forex trader to keep his risks lower as possible and take profit helps a trader to run his profit as maximum as possible even market moves in the pessimistic directions.

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    I have a decent and stable technique to set my trading Stop Loss and Take Profit in the correct way. That is, if the market is up trend at that point, I put my stop loss under recent support level. What's more, if the market is in down trend at that point, I put the stop above the recent resistance or high. And take profits depends on my risk reward ratio. It's truly helpful for me. I am trading with MaximusFx where I get support from my personal account manager regarding placing TP and SL.

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