Stop Loss and Take Profit...

[seahawks90]

for me all my actions are analyse before go onto a new transaction so i'm sure about 95% that it's while make me profit so i do just TP

dear trader using tp and sl is always required in ghis field because we all know that if we will not use them then may be we will come in huge problem.

[shemozz]

I use stop loss in all trading process open it,,,, I can not open the position without the use of stop loss is to maintain a certain level of loss is not passed over, and this makes me feel encouraged i advice any trader to use stop loss spicially biggners

[incredibleindia]

I always prefer to set up my stop loss and take profits. These parameters are easy to set up but their advantages are numerous including reducing our trading risks and helping our discipline in trading.

[jab we met]

actually reason is that when we set the stop lost mostly our entry close on loss after that market going up many pips so many people set take profit not stop loss but i set stop loss at 200 pips and take profit on 50 pips

[omofx]

very good using stop loss and take profit, it will not only help you to protect your account but it will also reduce emotional trading that is what i do

[khaled24]

Also for me i use the take profit point much more than the stop loss , but it will depend on the deal and the nature of the pair to decide if we will set the stop loss or not , sometimes also i don't set a take profit point when i see that the pair will go on a bearish or bullish motion on the long term to gain more profit , when we want to not set the stop loss point we should have a large capital to hold our position

[sitiz]

yes every position have a stop loss because a stop it's a risk management that we can have a 5% that you can loss in your capital but if you dont take a stop loss you can loss more than 5% it's risky .

Right, stop lose aims to reduce the risk that occurs when we lose we lose with the stop will not have lose more than that we set, I used to use stop lose about 15 pips to 10 pips and profit target my time frame is usually trading at 5 m using scalping techniques

[jahangir2812]

I think we ought to be with SL on our trade therefore on bog down your victims therefore notwithstanding what happen and notwithstanding how the market move we tend to won�t lose extra money than we tend to position. This is often additionally the most idea for with this order. We tend to shield our set down from the impulsive huge market appointments alongside us.

[earn4learn]

i follow tight stop loss of 20-25 pip and profit 15-25 pip for safety try to follow risk : reward ratio minimum 1:1 so that whenever i face in loss then profit recover the loss next

[zeshan]

i am use just take profit not the stop loss because i think the market is move back after some days and i use mostly 30 pips for the take profit some time i use stop loss when my trade in profit