Stop loss take profit - EA Trading Academy

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This topic has 3 replies, 3 voices, and was last updated 4 years, 9 months ago by Petko Aleksandrov.

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- April 8, 2020 at 3:58 #44400
  
  jenialyinvest
  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?
- April 9, 2020 at 20:14 #44416
  
  Charbel
  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.
- April 10, 2020 at 11:09 #44470
  
  jenialyinvest
  Participant
  
  Thank you charbel
- April 11, 2020 at 18:13 #44723
  
  Petko Aleksandrov
  Keymaster
  
  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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