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stop loss or take profit app capital per bi depend krta hai.bazokat market bohet ziyada move kr jati hai kisi hass news per.so stop loss or take profit utna hi hona chahiye jitna aap loss bardasht kr sakty hon.wasy 50 pips or25 pips best hain.
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trader ko apne trade me stop loss lagane ke liye suru se market me plan karni hogi agar market me trader achha plan karte hai to baad me forex ke business me achha kaam kar sakte hai lekin usko market me hamesha such samjh kar chalna chahiye.
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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 15 to 30 pips at most .
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forex trader ko hamesha pehle market me time dena chahiye aur soch smaajhkar chalna chahiye agar trader yahan stop loss lagana chahta hai to usko support aur resistance ka bhi help lena chahiye..
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I try to use differnt level of S / L and T / P on my demo account and after my experience I can tell you that the best method is to attend your trading , first set your S / L around 25 or 30 pips and do not attach a T / P as it is for you to decide when to take your profit by monitoring your open position .to my opinion this is the best method to have more gain.
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dear of course I also think that i always settle for take profit as 30 pips and kibosh expiration at 15 pips. So far I am fortunate in making right trades. I always settle for take profit as 30 pips and stop loss at 15 pips. So far I am successful in making good trades.
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well, in fact strongly believe that most of the time i wait for the market trend when the market trend is clear then i open any deal but some time when i open bad deals then i set take profit on 60-70 pips and stop loss on 100 pips this is very useful for me
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I have no fixed setup of Stop Loss or Take Profit in my trading plan in the market, It is based on the support and resistance area of the Forex market, I try to use the tight Stop Loss at my trading and I never trade without any analysis.
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My perfect stop loss is 30pips while my normal and most preferable take profit is 50pips, this are the perfect area I normally set my sl and tp while am trading forex because it easy to reach this target on time.
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yes dear in forex business I consider i mostly concentrate on my trade first with out placing stop loss or take profit. my perfect take profit is 30 pips and stop loss is 50 pips. the timing i place during the opening of US session. i dont trading during the breakout of news.
