Home Forums General Discussion Stop loss take profit

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    • #44400
      User Avatarjenialyinvest
      Participant

      Does the stop loss and take profit change with the lot number you trade? For example is 100 pip stop loss the same if we trade with 0.01 or .1 or 1 lot?

    • #44416
      User AvatarCharbel
      Participant

      Hello jeniyali, well sl and tp distance in pips never changes, what it changes with lot size traded is their values in account currency.

    • #44470
      User Avatarjenialyinvest
      Participant

      Thank you charbel

    • #44723

      Basically the SL and the TP are the prices where you want the trade to be closed.

      The change in the lot will determine how big is the trade. The bigger it is, the more value you will have on the SL and the TP.

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