How do you calculate stop loss and take profit targets?

[sagulcuy]

depending on the wishes ... we want what% profit in one day or one time our forex trading .... and we dare what% to bear the risk of loss we ..... we count it all with our sincerity ... .. or we see the lowest price limit and the highest price for the placement of stop loss target point or us .... we can do that too ......

[Jones]

Yes i am always using stop loss and take profit strategies. I am seting the profit level 20 pips and the loss side 10 pips too.

[10pips]

to calculate the stop loss and the take profit that the trader make ,some time we cna use the support and use the resistance level too, using that point some trader can know that when is the good for them to uput the stop loss and also the take profit inside there too

[maganti]

One of the first things we learnt as traders was the importance of paper trading and learning how to set your risk rewards ratios properly. This is one of the most basic of trading principles.1.Figure out the distance of the currency market price to your target price(in pips). Once you have this number write it down. 2. Now take the total number of pips from the current market value and divide this number by the reward value to work out the risk ratio. 3. Now that you know the risk reward values, go ahead and reward value and set these two numbers as your stop loss and take profit levels.

[hedraf]

there is no changeless opinion in that there is some traders who are worry a lot they make stop loss 5 and there is some say the best is 10/10 and there is who are looking to more profit they use 10/20 , but for me i like 10/10 and 10/20

[manav14386]

specific point at which your losses will be stopped..the amount you�re committed to lose in that trade..Many beginners dont use stops, and they usually empty thier accounts..

[fino]

I always use a fixed stop loss and a take profit of 30 pips. That is a amount i m willing to loose and the profit is enough for me.

[fati]

"Usually stop loss is calculated as half to take a profit is equal to the proportion of 1: 2
And must know that stop-loss varies from trader to another and varies from time frame to time frame last "

[Md Nazmul.]

Stop loss is not only part of business but it is most important part of your trading and systems, no system is considered good without having a good stop loss level, so we can say it is the back boon of trading.

[shofik88]

Take profits are very important for our positions to get a good profit and also to minimize the losses if the position is running against the market. I personally also use fibro most of the time to calculate the sl and tp targets and I also occasionally use random targets when I have enough time to spend on trading.