my perfect stop loss plan and take profit plan has to do with the standard risk reward ratio because that is the right way for me to know if the trade that i am about to enter into is a good trade because if it does not have the right risk reward ration then i might eventually not take that trade at all.
I think it is totally depend on the trader how much pips he use stop loss plan and take profit plan while trading but my opinion and my analysis i use all the time only 85 pips stop loss and 25 pips take profit because i see it is the perfect stop loss and take profit plan for me.
I mostly choose my order only after analyzing the trend. I trade with 50 pips stop loss and take profit limited pips. I usually do not put take profit because I keep a constant eye on the trade and close positions as soon as I think the benefits are enough for me.
g haan yeh best plan hai ager ap 50 pips ko stop loss kerte hain or take profit per 25 pips ya phire 20 pips rakte hain to ap ko is main thora profit and loss aye ga ager markit zaida loss main gye to ap ka loss kaam ho jye ga
bhai mein stop loss aur take profit apni strategy ko dekh ker kerta hun yeh trade per vary kerta hey kabhi yeh 20 pips ka bhi hota hey kabhi yeh 200 pips ka bhi , jitni achi trade utni hi acha tp or sl
the trader is also need to make that planing before they are enter to the trade, try to knowing that where is the safe way for them to put the stop loss on their trading and try to find the good way to enter to the market that is one of the important thing in here too.
my stop loss and take profit vary and depends on the trade at hand but i like to take trades that will have tight or few pips as stop loss thou i place the stop loss from there and then my take profit is from 20 to 100 pips with trailing stop place at 50 pips while the trade run.
stop loss is the feature where you have the ability to gain god return and if you are less knowledged about the forex trading in a live accounjt you must use the stop loss feature and also use the gain profit if market trend moves in the upwards and the downwards the direction.
My stop loss & take profit plan always changed with change in my main plan. Normally i set take profit by 30 to 50 pips and set stop loss by 15 to 35 pips, but in some situation i prefer to change in my TP and SL to save my self from uncertain market trend.
boohat sary tader essy hain jo kay stop loss ko use nahin karty hain but ye most important hai.main trading main sl he use karta hun or tp kamm use karta hun.ye donon he achy tools hain but agar hum in ka theek use karty hain to he hum achi earning lay sakty hain. is liye iski stretegy seekhni chahye