How do you calculate stop loss and take profit targets?

[7alt7op]

Stop loss mode and take profit does not need calculating and does not require complex equations, Every strategy has a method and an art to use and for me I think that stop loss mode and also determine where to take profit depends on the strategy we use, this is my way of trading, I think and then put the plan and then start trading

[dulax delex]

but i still believe that its always better to have some sort of calculation than some random numbers. I'm not saying that setting targets remains wrong, many traders do it that way, too. but having a more accurate target is profitable. Previously when I used fixed target, I had my position closed at loss many times because the target stop loss was touched first before passing my take profit target. You are right that this is a very good way to make your target because 70% of traders think that way so the price will also move accordingly but you should keep an eye on the news as well and try to take advantage of fundamental analysis as well.

[hasna]

I usually calculate my profit and Stop losses depending on the trade and entry point in the trade. Also if I aim to get 30 pips profit then I set Stop Loss at 10 pips. Also different trades have different targets and when I do scalping only a few pips as profit and Stop Loss is also appropriate. well I think we can not determine the value of sl and tp because it depends on the market movement so it is not possible to use certain sl and tp strategies all the time, here's what I think, correct me if I'm wrong

[sisca]

You can start with something simple, set Take Profit as the same number of pips as Stop Loss. If your Stop Loss is 50 pips, set your Take Profit to 50 pips as well. You can also set some Take Profit to trade your trend as a multiple of the number of pips for your Stop Loss. If your Stop Loss is 60 pips, set your first Take Profit of 60 pips, Take Profit second to 120 pips, and Take Profit 180 pips. I tied the target and stopped losses depending on the market and my time on the deal and it was a Scalping deal. The old deal to some extent at Scalping Mark is a stop loss of 10 points and the target is also 10 points and sometimes Akther, if confirmed, of course the price in the direction of the transaction as if the long target deal 50 points and 50 points stop loss also

[almont]

Precisely we deal with the ever-changing market so our targets must be dynamic and in accordance with market conditions well. our targets should be flexible enough to accumulate more profits and minimize losses. only then will we survive and earn in this business somehow we can not manage the installation of TP and SL by default because the market is changing and always have different conditions as well and I think this is a consideration for the placement of SL and TP dynamically

[nurohman]

In my trading strategy I trade in London sessions and as a daily trader, I set a 50pips daily profit and set a stop loss for certain trades where my stop loss is 2%. Basically I set my take profit and stop losses on market volatility and market sentiment. I usually use different ways to place stop loss or take profit limits, sometimes I use candlesticks, some times I use Fibonacci, but the best way is to use them all together to get the best results

[Rajpoot771]

well dear g mey is business mey expert bhi ho so meu stop loss and take profit keh liye support and resistance use no karta kyun keh mujhy tools user karne bhi atey likan mere pass ak method hai jis se meri so loss and take profit use krta ho like jo candle running Kerr rahi hoti hai ose previous closed candle ki high and low value dekh kar stop loss and take profit lgata ho jnb g

[Mr Law]

The calculation of stop loss and take profit targets depends upon the type of strategy you're working on. The strategy of each trader differs from other traders and sometimes might be totally different in some cases. So, Your stop loss and take profit calculations also change with time. Your strategy is always dependent upon you that how to take the World and how you tackle it. You have to take decisions on its own and be very careful.

[lumeho]

it depends on your strategy. If you are scalping then you should choose the nearest high or low for your stoploose. Or you can also use a pivot point that will show the center line and support and hold for that day. This will help you put your stoploose and take profit settings. So there are many ways that can be useful. Do not place your SL and TP randomly and permanently. You will not help.

[barokah]

Depending on the circumstances that occur, I expect a good provision
to argue how the abundance of pips to inhibit the experience pips
and also how some pyar should we use to obtain, moldiness see market conditions at that time,
if the market is trend we can marginalize sl & tp for example.