How to set SL for beginner? - page 3
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of course, using the SL, will protect us against losses account the larger again. We have to take into account properly in placing SL. So that we can still make a profit albeit small.
SL is depends upon the total size of lot and the market movement. Newbie can relay on experts opinion.
SL is the extent to which we are able to bear the loss. With SL we can make limits the extent loss to which we can endure. With SL, then we will be minimized trading of greater risk. For newbie, you must use the SL, so when the price of opposing it automatically, our trade will be closed
you can set SL about 100 pip for your position. you should trade with low volume
Sl and tp is used to minimize the risk even greater. In forex, something that happens we can not guess with certainty. Sometimes what we predict will be fumble. For that, we need a SL and TP. We should be able to manage the risk that we will take. So that maximum results can be obtained.