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

Forex trading is risky but many profitable.I mostly choose my order only after analyzing the trends. I trade with 50 pips stop loss and unlimited pips of take profits. I don't usually place take profit as I keep constant eyes upon the trade and close the position soon as I think the profits are enough for me.Forex is works time be carefully to not loss.....

200pips are best i think it give you much time

before i give any trade i do first news analysis, because from news analysis i can understand the market movement and also from news analysis i can predict the market trend that how much the market will go up or down so in that way i can give a perfect trade and from my news analysis and the prediction of market trend i can put perfect stop loss and take profit.

while i'm trading, i will use many pips for my stop loss and take profit. i must learn to trade with longterm before i can trade with short term, because longterm will be more easy. my take profit can be more than 50 pips, and its the same with my stop loss

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Originally Posted by Jazpa

I always settle for take profit as 50 pips and stop loss at 25 pips. So far I am successful in making good trades. What are your orders?

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If you live in areas with unfavorable time zone (for example, when the market is in a good time to trade it right back at night when you are sleeping concentrations), or have a day job, sothen you do not

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Originally Posted by Jazpa

What is your perfect stop loss plan and take profit plan while trading?
I always settle for take profit as 50 pips and stop loss at 25 pips. So far I am successful in making good trades. What are your orders?

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I set my take profit 2% from my balance and 2% for stop loss also.

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Originally Posted by anzerg11

I work 1.1 any points profit equal points loss because I used the strategy for managing capital well and now I will develop the way for more profits

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its not easy to doing trading. stop loss and take profit is one type at take profit point such as thirty pips and in stop loss only ten profits. as for that you will face less risk and may gain high profit. of hedging techniques. generally at the time of using this techniques you have to raise your pips

25 pips is a bit of very tight stop loss. Price mostly moves in long ranges than that, but you are lucky if you are getting good results from it. we only get 10 points I think enough. stop loss 25 seems less appropriate when we use a pair gbp-usd and eur usd.

Greater that we choose our request about first inspects movements. Store 50 PIP ceases reduction in addition to unlimited 'tokens' to help benefit from. Generally speaking have a profit, which continuously retain their own sight after the retail outlet, in addition to near the place after the excess will do to me.

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Originally Posted by manikah

I trade with 2:1 ratio,where if I loss 1 dollar then profit dollar.So by this means If I set stop loss 20 pips then my take profit target is 40 pips.My trading strategy also support this system in well.

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Originally Posted by mastermindparin

I use perfect stoploss and take profit on every trade. I use around 30-40 stoploss and take profit of 50 pips everytime. Some time if news is there i will also use bigger stoploss too and bigger take profit too. Sometime on scalping in range bound market i use smaller stoploss and smaller take profit.

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I never set a TP point. i also define target, profit target and stop loss target. when price move more than my target, i move my stop loss and set it as a trailing SL.
if more profit can we get, so why we limit our profit?
different with a stop loss, i will not never ever move an SL of the price opposite my entry direction.
and one more, i never use a fixed target range. i use high and low as my potential target.