how big is the " stop loss " to "take profit" maximum difference at usual broker? is there a limit ?

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vortex_pme
945
vortex_pme  

can you do a big difference between stop loss and take profit at brokers platforms?


lets say take profit 20 pips stop loss 500 pips ?


kind regards

Marco vd Heijden
Moderator
8148
Marco vd Heijden  

Why not ?

But do you really want to risk 500 pips for a 20 pip profit ?

You will have to win 25 trades to cover just one bad trade.
vortex_pme
945
vortex_pme  
Marco vd Heijden:

Why not ?

But do you really want to risk 500 pips for a 20 pip profit ?

You will have to win 25 trades to cover just one bad trade.

yeah shit you are right

vortex_pme
945
vortex_pme  
okay thx:)
vortex_pme
945
vortex_pme  
it was just an example cause i have a free tester on my strategy tester and there seem to be a restriction on that ... thats why i did ask
vortex_pme
945
vortex_pme  
MACD
Jack Thomas
1638
Jack Thomas  
vortex_pme:

can you do a big difference between stop loss and take profit at brokers platforms?


lets say take profit 20 pips stop loss 500 pips ?


kind regards

You will need to ask your forex broker what their limits are.

Not all brokers use the same distance limits.

Tarik Aljanabi
220
Tarik Aljanabi  
vortex_pme:

can you do a big difference between stop loss and take profit at brokers platforms?


lets say take profit 20 pips stop loss 500 pips ?


kind regards


Hi, 


For me 500 Pips mean you don't know what happen in the market or the chart, if the price went against you you will keep waiting hoping praying that the price will come back and here you will be gamer not trader, I use stop 10 - 15 pips but I use it only to be secure from the big fast moves but normally I understand when the price will go against me and I close my trades manully before it's hit the stop and the same with take profit.


Regards 

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