How do you calculate stop loss and take profit targets?

[fairy]

i did not use stop loss in my trades but i do like to use trailing stop loss and take profits in my trading and these are most good for us to use, i use 25 to 30 pips for take profit and then 15 pips as trailing stop loss.......

[mamunuits]

I want to make 20 pips per day is short and can be more, depending on how you market day, but sometimes the minimum or maximum value that I am Soul

[toyfur2]

Your correct position size is calculated by factoring in stop distance, pip value, ... If you use a fixed number of pips for a stop loss or take profit, The Calculator tells you ... type into my order form to actually hit my planned stop and target levels

[kamal8]

concur using keep and resistivity areas as sl and tp is a healthy way to trade, in fact there are incompatible methods that fill use to set these targets and i this arrange is display me how people are using unlike techniques to set these sl and tp targets...

[elkhawaga]

Stop-loss is shown in front of you downright as you of the capital as well as the number of transactions which opened so you know well and try the demo first to know what is the stop-loss

[prince3]

.............I just want to get profit 20
pips in one day was minimal and could be more depending
on how the market on that day but sometimes.................

[truegoa]

Trades without take profit but i am sure i haven't got much profit in those trades, Its better to keep SL and TP based on analysis.

The next question will be like: what kind of analysis we will use to set best take profit and stop loss? I think the answer will be very vary for every traders, since every trader have different way of analysis and strategy. The simple way to detemine good take profit and stop loss is using fibonachi level or previous support and resistant, or even previous higher or lower price. Hope that will help. CMIIW.

[Discordance]

I myself do not use stop loss and take profit I just use candlestick sajaa as my entry point and exit point for me as I think about out of the market if I think it is a picture that shows a reversal signal

[shozib]

hi friends you know agree using support and resistance areas as sl and tp is a good way to trade, in fact there are different methods that people use to set these targets and i this thread is showing me. it is nice fame .

[blonur]

Just like damianus pointed out i to have no "fixed" S/L or T/P.

Its all about what you see it. If i'm going long and i see that there is a
previous level of resistance 100 pips away i'm probably going to set my T/P
to 80 and see what happens. Now when i do that i'm not just think about
profit, im thinking about "What if". What if? What if it goes short instead?
Where was that last resistance that now turned support? How did my last
candle close? was there a pinbar or double top recently in other time frame?

It's just so hard to lay it all out cause there is so much involved in it.