L Moore Posted January 1, 2020 Report Share Posted January 1, 2020 Stop loss can make us earn good amount of money if we know how to use it. Some people thing that if we get SL we end up losing. But proper way to use SL can also make us earn money still. For example if you have gain 50 pips profit already and your analysis say that it can go up 100 pips. You put your TP to 100 pips and you put your SL 40 pips. In this way you can still end up earning 40 pips and 100 pips if you get TP. Â Quote Link to comment Share on other sites More sharing options...
Resolve Posted May 3, 2022 Report Share Posted May 3, 2022 On 1/1/2020 at 11:56 PM, L Moore said: Stop loss can make us earn good amount of money if we know how to use it. Some people thing that if we get SL we end up losing. But proper way to use SL can also make us earn money still. For example if you have gain 50 pips profit already and your analysis say that it can go up 100 pips. You put your TP to 100 pips and you put your SL 40 pips. In this way you can still end up earning 40 pips and 100 pips if you get TP. Â When we are trading with the help of a proper trading plan the income can also get increased. Quote FXOpen - True Regulated ECN Broker Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.