Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 9 of 9

    Thread: Does anyone know how i can manage to have a stoploss and take profit?

    1. #1 Collapse post
      Juskopo is offline
      Banned Juskopo's Avatar
      Join Date
      Jan 2018
      Posts
      627
      Thanks
      0
      Thanked 15 Times in 8 Posts

      Does anyone know how i can manage to have a stoploss and take profit?

      Does anyone know how i can manage to have a stoploss and take profit on 1 position at the same time on binance.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. #2 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,037
      Thanks
      7
      Thanked 152 Times in 132 Posts
      SubscribeSubscribe
      2
      Keep in mind to set the Profit Target to could close your deal anytime.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    3. #3 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 140 Times in 119 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by Mr. Cid View Post
      Keep in mind to set the Profit Target to could close your deal anytime.
      Is it more helpful than SL?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    4. #4 Collapse post
      Sendo12 is offline
      Senior Member Sendo12's Avatar
      Join Date
      Sep 2018
      Posts
      908
      Thanks
      43
      Thanked 68 Times in 72 Posts
      SubscribeSubscribe
      0
      Quote Originally Posted by Newbie_trader View Post
      Is it more helpful than SL?
      SL is for you to minimize your losses in case the price moves against you. So ideally, it is better to take profit. But SL is still equally important.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    5. #5 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,956
      Thanks
      6
      Thanked 142 Times in 117 Posts
      SubscribeSubscribe
      1
      Let the peaks activate your profit targets but not your stop losses.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    6. #6 Collapse post
      kachinna is offline
      Senior Member kachinna's Avatar
      Join Date
      Aug 2019
      Posts
      252
      Thanks
      1
      Thanked 21 Times in 16 Posts
      SubscribeSubscribe
      0
      Stop loss and take profits should be predetermined when opening a position. You should already know how much you would be willing to risk and also get back.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    7. #7 Collapse post
      bitome is offline
      Junior Member bitome's Avatar
      Join Date
      Jul 2019
      Posts
      9
      Thanks
      0
      Thanked 0 Times in 0 Posts
      SubscribeSubscribe
      0
      Managing your stoploss and take profit demands one not to be greedy. Set to the closest marginal profit or loss

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    8. #8 Collapse post
      Aya is offline
      Senior Member Aya's Avatar
      Join Date
      Sep 2018
      Posts
      933
      Thanks
      32
      Thanked 69 Times in 74 Posts
      SubscribeSubscribe
      0
      Quote Originally Posted by bitome View Post
      Managing your stoploss and take profit demands one not to be greedy. Set to the closest marginal profit or loss
      That is right. Desiring for way too much could only lead to more losses.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    9. #9 Collapse post
      Trader_Rob is offline
      Senior Member Trader_Rob's Avatar
      Join Date
      Oct 2018
      Posts
      704
      Thanks
      60
      Thanked 54 Times in 46 Posts
      SubscribeSubscribe
      1
      Quote Originally Posted by Aya View Post
      That is right. Desiring for way too much could only lead to more losses.
      There should be a fair distance from you opening position. Setting a very wide SL and TP points is usually the reason other traders lose their fund.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •