Originally Posted by
mumtay
Use stop loss and take profit is mainly depend on every traders trading capital and equity. so a trader use sl and tp is own formula, strategy and money management. but i think 30 pips is really useful and better stop loss for trading time and i am use 40-45 pips take profit in maximum time. i'm trading forex since an extended time and the proper stop loss order and take profit usually is to place 55pips regarding the take profit and 47pips regarding the stop loss, this is often one of the best set up that i found it and you could attempt it and share the result here