Stop Loss and Take Profit...

[raju21]

Frankly I always use both of them. I think we need to be cautious and as well as business mindful. I usually set stop loss 10 Pips and 40 Pips for take profit. I think this is very much healthy.

[qasab]

i place the take profit and stoploss only when i am not available to the business and normally thoses levels are daily piovot level of supportan or resistent. and i am available i open and close the position manually.

[awais]

yes when you are seeing that you are getting lose stop it and take your profit .every one want to get profit . if you want to take risk to make sure that fater that there will be a profit than take open it.

[Md Ratul]

as a new i dont know about Stop loss and Take profit. but i think that stop loss is best .it have a less risk of loss..but i want to know better about it.

[get-rich-or-die-trying]

It is a part of my strategy Setting the stop loss will limit my losses if the market does not move in the preferred direction. Setting the take profit level will make sure that the trade exits in profit once the market makes the downward move that is expected. It can be an advantage to set these levels when you place the trade because once the trade is actually in the market, the pressure can make it difficult to make decisions.

[z234]

according to this trading question i want to say that i am a new trader so i can not understand this question so i have to learn this trading very much.

[safwan06]

stoploss is a good technique to protect profit from loosing. stoploss can be used in every trade and the beginner should have to use it in trade. thank you.

[moi for vous]

Setting the stop loss will limit your losses if the market does not move in the preferred direction. Setting the take profit level will make sure that the trade exits in profit once the market makes the downward move that is expected. It can be an advantage to set these levels when you place the trade because once the trade is actually in the market, the pressure can make it difficult to make decisions.

[hasnian]

it is the very good option for the traders the traders can earn the more money by using the take profit and safe the money from the loss more then by use the stop loss

[mesbahjsr]

yes i know that it is very risk but it is to be acknowledged that stop loss is an important part of trading market. so i think that every one should do this.