How to set a stop loss correctly when the profit is 10 points?

Swetta

New member
Всем доброго времени суток!

Надоело сливать и решила основательно продумать стратегию торговли.

Со входом понятно (на этом изначально акцентировалось особое внимание), а вот как и на каком уровне закрывать убыток?

Необходимо четкое понимание, когда есть смысл подождать, а когда нужно срочно резать лося.

Какой уровень стоп-лосса будет адекватным при профите в 10 старых пунктов (10 пунктов = 2% отдепозита)?

P.S. Реккомендации брокеров, что профит должен быть в 2-3 раза больше стопа в топку! (это изначально сливная стратегия для меня)



Интересно, как это делаете Вы?
 

Фрам

New member
The approach is wrong, because the fixed size of the SL does not take into account the overall picture of price movement. Therefore, it is not the size of the stop loss itself that is important, but its location.

Without taking into account the signs of opening a trade that you have accepted, the best place to place the SL is above/below the nearest local extreme with a small margin. This local extreme may look like either a local peak or a candle extreme.

At least two conclusions follow from this idea about the correct statement of SL.

The first conclusion: the deal should be opened immediately after the start of the price impulse, because in this case the SL will be the minimum possible.

The second conclusion: we need to look for such price figures where we can determine the origin of the price impulse, and this impulse may be relatively small.
 

Swetta

New member
I will stick to this advice for now, but the search for truth continues. Since one stop will eat 3-4 profit. Now I doubt whether there is any sense in my 10-point strategy?
 

Фрам

New member
The size of the SL and the way it is set are secondary, because they depend entirely on the conditions for entering the transaction. The basis of the vehicle must be a verified and calculated input, and only then you can fasten the SL, TP, and everything else to them...

As for a fixed SL, it can only be considered in terms of its size: the larger the SL, the less likely it is that the price will reach it, but the greater the loss, and the smaller the SL, the more likely it is that the price will reach it, but the loss will be less. AND ALL.



I do not know the conditions under which you make trades, but it may make sense to put the SL under/above the first candle (the candle count accepted in the MQL language - the current and unformed candle goes as zero, the first candle to the left of the zero is considered the first, etc.).
 

Hudondonch007

New member
I don't think you need to put a stop loss at all. Because DC sees our losses and tries to lick them so to speak, so it is best to control losses with your hands and just do not enter into imaginary transactions, but only those in which you are 100% sure. As a good friend told me, you need to trade less and be more patient. Than drain the depot on greed and greed. Well, you can put a loss for the parabolic points "just in case" of panic or political instability
 

Yomiuri

New member
Stop loss and take profit levels are largely determined by the state and volatility of the market. the higher the volatility, the sl and tp should be higher, respectively. The main thing is not so much the ability to correctly calculate these levels, the main thing is to correctly determine the further movement of the price. At the same time, You will be in approximately the same plus, no matter what your SL to tp ratio was 3/1, 3/2 or 50/50.
 
Good day! Below you have already written that the place under the stop is not determined by the size of your estimated TR, I agree. You have 3 calculated points, an entry point, a loss limit level, and a calculated TP, and each has its own place at the moment, and this size is regulated not by numerical values, but by the position on the chart. The risk / profit ratio in the direction of profit , this is not nonsense, I understand it just does not suit you. If you want to take a small TR and at the same time do not take much risk, then work on impulses, on minutes, work with currency strength indicators and take those signals that give the currencies with the largest gap in strength, the strongest and the weakest. Working with impulses on such a currency pair, you have the option to work with small stops. In another scenario, I do not even know how to trade profitably constantly, even with an equal stop with a profit of 10p.
 

makci

New member
With a profit of 10 points, I think that the stop loss should also be set 10 points . So the chances of success will be much greater and everything will depend on when you enter the market and how you enter it . You can't do it any other way . If you put a stop, it will often be triggered and there will be a lot of losses .
 

PeFF

New member
It would not be bad to look at the trading strategy of topikstarter. Maybe then it would become clear how to put what. After all, there are a lot of factors, and most likely it will not work out all the time to put the same SL, with TP it is easier of course. I hope the girl will return to the forum.
 

RRK

New member
Are you sure that you understand everything about the entrance? How much does your input on average shoot plus? How much does it shoot in the negative on average? As they say, you can't easily take a fish out of the pond! You need to dig through all these statistics, and only then will You have a clear plan for taking a loss. There is no ready-made recipe for every case!



P.S. recommendations of brokers that the profit should be 2-3 times more than the stop is not always in the furnace! For each trade, the stop and profit are calculated in their own way, including their ratio. It all depends on the levels from which there is a high probability of a reversal and where they are located in the current situation! Depends on the probability of execution, stop loss and take profit, not just their size. Sometimes it happens that the stop loss can be as much as three times larger than the take with the same probability of execution. And Vice-versa.
 

3889518

New member
hello everyone. I would just close the position if I collected 10 points) although again, it depends on the potential of the currency pair. in General, we need to act on the situation. because in every situation I behave differently. I think everyone will agree with me. write your opinions. but I stick to my style - I would close it ) as one of my Georgian friends said: "a small profit is better than a big missed opportunity ))) "
 

Simosss

New member
Setting the stop in this example depends on the frequency of entries and the number of profitable trades. Judging by the fact that you can't put a stop twice as large, the profit level is not high, and the strategy is already draining. You either need to increase the frequency of entries and close unprofitable trades after the signal is canceled. Or switch to a higher timeframe and place a larger take. And it is better not to suffer and take a normal strategy with a significant advantage in your favor.

//-------

The table clearly shows how stop loss affects trading, so with a risk-to-profit ratio of 1:1 having 60% of profitable signals on the strategy, the chance to merge the Deposit is 12%.
 

demidov8888

New member
It all depends on the current market situation. 10 points is generally a very narrow range. I take it that the strategy is Intraday? Since You are asking who does it and how, I will answer that I only use trailing stops that are pre-set on pending orders. I try to more accurately determine the direction of movement, and based on this, I determine at what distance to set the "trailings". This ensures automatic break-even. Very convenient! In any case, even I have a fixed stop that does not exceed 70 points. I do not place this stop on an order, but analyze it, close the position, or leave it open. The market is very dynamic and changeable. There is no permanent strategy for applying SL.
 

sashkill94

New member
It is clear that when trading in such a narrow range, you are not able to put a stop of 3-4 points. Here it is necessary to focus on the market situation, in any case, as I understand it, the entry is based on the trend on pullbacks, in this case, you should put your stops at the nearest support levels, so that in case of a breakdown of the level, orders are closed.
 

Gaga

New member
Why not? There is a system "Oracle", on YouTube a lot of videos from the author of the vehicle, all in the public domain. There he chewed it 90 percent, a curious vehicle, without indicators and also very simple. In the comments, of course, different opinions, but I advise you to view, and then it's Up to you to apply or not. You can take some techniques from it to your own, but in General, the movement within the day, and not only, can be predicted by it with high probability.
 

Gaga

New member
This is approximately how I trade on the pound/dollar, of course, while looking at the older TF. There is a "misfire", then I wait for a rollback, and it always happens after the pulse. I trade mainly this pair, rarely when I go to others, in the tester I drive it, there is no sense to be sprayed. You get so used to it that sometimes I enter purely intuitively seeing this or that movement, but even here you can't do without mistakes - everything happens.
 

NataliG

New member
10 points are scalper deals. Depending on the size of the order, I may not put my stops at all and close them with my hands, or I put them behind the last point. It's a little hard to explain on your fingers. It depends on which indicators or candle models I used. If on pin bars, then stop at the extreme point of the pin bar + 3-5 points, if on mashki, then where I am 70 percent sure of a reversal. I also can't trade under the stop rule 2-3 times less than the profit, in any case, I don't have the patience to sit out the profit.
 

makci

New member
In my practice, I can say that it is better to set the loss equal to the profit . Because if the stop loss is set twice less than the profit, then stops will be triggered twice as often . Although in MM, you need to stop loss was at least two times less than the profit . When profit and stop loss have the same number of points, the chances of profit and loss are equal, and everything else depends on the entry point to the market .
 

IQzero

New member
Trying to take 10 points is scalping, not long-term trading there are other approaches to setting a stop loss, if you need it more often, since when scalping you are constantly near the terminal and you can close it yourself when the trade changes. And taking a stop loss equal to the profit, you can simply close with a rebound, especially if you still as recommended above taking half as much.Even taking into account the spread of 10 points on the stop loss will fall at any price jump.
 
Top