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my target profit and target stop will be according to the technical 100% because technical gives you the perfect levels because i hundred percent believe on charts
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stop loss it is already a part of my every trade in the forex market and I also always apply a trailing stop on it so it will continue to help me to reach my target profit and if it can not reach with otomatis I've locked my advantage to not lost.
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My plan is very simple while in trading , To stop loss of my trade i can stop my profit. My profit can reserve anywhere with lot of demand, i can use my bank balance without any problem i can use my profit .
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well the rule of price action states that you take profit must always be times two of your stop loss or in the worst case it must be one and a half of your stoploss amount which means that if your stop loss is 50 pips then your take profit must be 100 pips or at worst 75 pips.
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I also recently jined te Forex is. I'm still mempelejari Forex deeper. In my opinion, if meu success in Forex, we must start from urselves. W ehave to be disciplined, control emotions, and never give up. That's myo pnion. Thank you.................
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What is your perfect stop loss plan and take profit plan while trading?
I mostly choose my Oder, analyze trends. I traded a 50 point stop loss and an infinite number of points to take profits. I do not usually on the profit, because my eyes remain unchanged after the trade and the closed position, as long as I think that the profit is enough for me.
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Whenever I have moved to take advantage of 50 pips and stop loss of 25 pips. So far I've managed to do a good business. Price moves, especially in the long lines, but you're lucky if you get good results with it. I keep my eyes always on the trade and close the position, as the benefits are enough for me.
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Before I make an arrangement in forex,I leave psychotherapy the forex perceptiveness ordinal.After that,I will sort orders with forestall departure and spot there.Then I can parting the market for a spell.
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i dont use os top retrogress and position earn say i rightful use my manual cut recede and cut realize ,so i can determind where the soprano would be turnaround
repair then i dear my prescribe and switching to another oppositeness ordination.
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mere khyal se parfect stoploss whi hai jo humre losss hone se bacha sake humra trade ko safe rakhe mai to iss field me 40 pip me hi stoploss lagata hun stoplosss bahut hi acha hota hai isme yadi hum itna stoplosss use karten hain to humare tradeek dam success hoti hai .
