What is your perfect stop loss plan and take profit plan while trading?

[ObaFX]

I take profit on pivot point lines support and resistance and also my stop loss is usually hiding some pips above or below the immediate support or resistance line from my trade entry point. Usually 10pips on top of resistance for sell and 10pips below support for buy

[qazijamil]

stop loss and take profit are the tools which are provided by the forex forum and it depends on you that how able are you to trade properly and in this way you will earn profit in the form of money and you will be happy and relaxed watch the market carefully and make a proper entry into the market do not make in a hurry but do not take more time and in this way you will become a good trader.

[gold1985]

Let me described well when i open any trade than first i search next support and resistance. i put my stop loss near to these levels.
if support and resistance levels are too high then i follow my money management rules. i use 2:1 risk & reward ratio.
stop loss is 200pips.,

[mst shekhanur banu]

forex is a very risky business and loss is very common matter .we should stop loss but we should needed some tips the first tips is learning forex trading then good planing and the most important things is control our emotion and greed .

[bany]

Certainly my dear, as I can see I personally feel while trading if the market is trending i prefer a trailing stop to manage my profit factor, but if the market is ranging then i prefer my gut feeling to tell me where to put stops to get out of a wrong trade, mostly this is 20 - 30 pips at most.

[balla]

typically i might place my stoploss and take profits on good support and resistance space in which the worth might presumably mind towards which path with regard to take profit and with regard to stop loss is how the value might less doubtless go.

[atulbhai]

forex trade is risky so it is necessity to have a stop loss in your trade and take profit in a good support level so to me I set my stop loss like 10 pips and my take profit 50 pips or better stead I do proper management of money.

ye to mai manta hun forex bahut hi jayda risky hai isme bahut hi jayda risk leke hume work karna hai tabhi hum kuch kar payenge risk leke kise bhi bande ko work nnhi karna hai mughe aisa lagta hai jo bhi banda risk leke work karega uska isme nuskaan hi hoga mai manta hun .

[Amayanabor]

forex trade is risky so it is necessity to have a stop loss in your trade and take profit in a good support level so to me I set my stop loss like 10 pips and my take profit 50 pips or better stead I do proper management of money.

[loti]

well naturally, my dear, in fact I do consider that if trend of the forex market is clear then if we open our trade then we can win here very easy and very fast money we should always need to work hard and set stop loss at 150 pips and take profit on 100 pips that is good in all cases.

[baratok]

My take profit always larger than my stop loss, because it can help me to make good profit, without become afraid to losing much money. When i get loss, i know that i will able to recover my loss in one trade only. So it can help me to be relax, to be more calm, and can be discipline also