Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to Thread
    Page 5 of 6 FirstFirst ... 3 4 5 6 LastLast
    Results 41 to 50 of 51

    Thread: How many pips difference you keep between 2 deals? (Part 2)

    1. #41
      It's time to retire!
      I am:
      Angelic
       
      harbir has much to be proud of harbir has much to be proud of harbir has much to be proud of harbir has much to be proud of harbir has much to be proud of harbir has much to be proud of harbir has much to be proud of harbir has much to be proud of harbir has much to be proud of harbir has much to be proud of harbir's Avatar
      Posts
      12,935
      Accumulated bonus
      2775.25 USD (What is this?)
      caught pokemons
      2 (What is this?)
      Thanks
      817
      Thanked 1,659 Times in 490 Posts

      Default

      actually i do not look at the pips difference before trading i just look for the opportunity to trade and when i see that then i open my order. this is the way i trade and i have been able to make some money like this and i would like to continue trading with the same idea as well.

    2. FB
    3. #42
      MT5 Addict
      I am:
      Confused
       
      sufiyan is an unknown quantity at this point sufiyan's Avatar
      Posts
      463
      Accumulated bonus
      56.73 USD (What is this?)
      Thanks
      2
      Thanked 6 Times in 4 Posts

      Default

      you means bid or ask ??? i think that is broker commision and all broker set this by their own self and trade can never be changed it so i think this bid or ask is broker profit becoz they set buy and seller to one while when you open trade trade open in negative which is broker comsioon

    4. #43
      FX Vampire
      I am:
      Busy
       
      CratosFX is on a distinguished road CratosFX's Avatar
      Posts
      1,687
      Accumulated bonus
      208.10 USD (What is this?)
      Thanks
      18
      Thanked 30 Times in 29 Posts

      Default

      I think this strategy is very dangerous. If you continue opening positions in the same direction and the price starts a strong trend then you will risk large portion of your account. I have seen this happen. The trader kept opening positions but the trend kept on going in same direction and he had something like 15 - 20 position. This wiped out something like 25 - 30% of his account. This may be good for ranging markets but it's still risky.

    5. #44
      MT5 Resident
      I am:
      Fine
       
      Onyedika1998 is just really nice Onyedika1998 is just really nice Onyedika1998 is just really nice Onyedika1998 is just really nice Onyedika1998 is just really nice Onyedika1998's Avatar
      Posts
      5,703
      Accumulated bonus
      1214.49 USD (What is this?)
      Thanks
      567
      Thanked 433 Times in 202 Posts

      Default

      I usually trade with support and resistance level so when I open an order with the aid of support and resistance, I will place my take profit at the next support and resistance point because I am certain the market will reach to that point or more before it will retrace, sometimes the take profit will be 10 pips, sometimes 20,25,30,50,80 pips, because of the support and resistance point I don't have a fixed set of take profit.

    6. #45
      FX Super Hero
      I am:
      Amused
       
      briteearning is on a distinguished road briteearning's Avatar
      Posts
      1,398
      Accumulated bonus
      289.57 USD (What is this?)
      Thanks
      2
      Thanked 14 Times in 11 Posts

      Default

      This is the general strategy. Look, if you want to earn biggest money in Forex Trading, then you need to make risky strategy can easily convert your balance into higher profitable amount. Different traders make different strategies with the help of charts, indicators, tools, news, experts opinions and technical reviews etc. We always tried to use Bollinger band as a best indicator for our profit.

    7. #46
      MT5 Resident
      I am:
      ----
       
      simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola has a reputation beyond repute simisola's Avatar
      Posts
      6,119
      Accumulated bonus
      2225.50 USD (What is this?)
      Thanks
      11,345
      Thanked 8,433 Times in 2,348 Posts

      Default

      It is a two way thing that can lead to the earning of good profit or terrible losses, to open two positions in a single currency pair can give us great money, but I rather seek another trading opportunity elsewhere, that is like diversification of my investment, this is my personal approach.

    8. #47
      It's time to retire!
      I am:
      ----
       
      shoab chow has a spectacular aura about shoab chow has a spectacular aura about shoab chow has a spectacular aura about shoab chow's Avatar
      Posts
      18,998
      Accumulated bonus
      4141.13 USD (What is this?)
      Thanks
      48
      Thanked 252 Times in 229 Posts

      Default

      This is important that we should need to have a interval between each trading positions and that should be minimum of 50-60 pips . The forex market may move in some points and then it may be bounced back from that peak, when there is not a strong trend. So, we can open another position there and wait for that maturity of that trade. So, we can make money from this wonderful business.

    9. #48
      MT5 Maniac
      I am:
      ----
       
      Torrent will become famous soon enough Torrent's Avatar
      Posts
      3,590
      Accumulated bonus
      620.89 USD (What is this?)
      Thanks
      26
      Thanked 72 Times in 64 Posts

      Default

      More than 50 pips. After taking an entry I wait if the trade goes negative then I open another trade. Sometimes I do not open just hold my previous one. Strategy different for different trader but I follow mine and stay strict with it. It is better not to trade multiple trade on same pair. If we keep taking multiple trade then we may lose our account so quickly.

    10. #49
      I just can't quit pips!
      I am:
      ----
       
      22gostfx has a spectacular aura about 22gostfx has a spectacular aura about 22gostfx's Avatar
      Posts
      4,647
      Accumulated bonus
      712.86 USD (What is this?)
      Thanks
      0
      Thanked 151 Times in 131 Posts

      Default

      i do not try to edge my trades because there is absolutely no need to do that , if i am loosing a trade then so be it because i am not suppose to win at all times so i will accept the loss and move on with my trade because that is not going to stop me from making more money from the forex market .

    11. <a href="https://www.instaforex.com/company_news">‘ÓūŚÍŮ ÔÓūÚŗŽ</a>
    12. #50
      FX Zombie
      I am:
      Relaxed
       
      DaveBenroe has a spectacular aura about DaveBenroe has a spectacular aura about DaveBenroe's Avatar
      Posts
      2,642
      Accumulated bonus
      533.02 USD (What is this?)
      Thanks
      66
      Thanked 173 Times in 141 Posts

      Default

      I don't specifically keep any number of pips between two deals but what I do is to make sure one deal is exhausted before opening another one. I don't hedge my trades, rather I believe in my systematic analysis of the market in placing my trade.If I win, fine. Otherwise, that will not be the end of the world. Further trading continues!
      BE WEALTHY IF U WANNA BE !
      BE WRETCHED IF U CHOOSE TO BE !!

      THE CHOICE IS YOURS !!!

    Reply to Thread
    Page 5 of 6 FirstFirst ... 3 4 5 6 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