What is your perfect stop loss plan and take profit plan while trading?

[sachit]

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

आप 1: 2 जोखिम इनाम अनुपात का उपयोग कर रहे हैं। मैं भी उसी का उपयोग करता हूं मैं अपने आदेशों को समर्थन या प्रतिरोध के पास रखने की कोशिश करता हूं जब बाजार ने इसे मारा है और यह उलट लेने वाला है और मैंने अपने एसएल को उस स्तर से परे 10-15 पिप्स के मार्जिन के साथ सेट किया है। इस तरह मैं अधिक सुरक्षित महसूस करता हूं क्योंकि किसी भी समर्थन या प्रतिरोध को तोड़ने के लिए आमतौर पर कुछ समय लगता है। प्रारंभिक टीम फ्रेम पर निर्भर करेगा जिसमें आप हैं, उदाहरण के लिए, यदि कोई टीम 4pm फ्रेम करती है तो आप अपने स्टॉप लॉस को अंतिम रूप से अंतिम लाभ या उनके लाभ के संबंध में समर्थन में डाल देंगे जैसे कि टीम फ्रेम 4h 50 pips हो सकता है

[bhai akbar]

You are using 1:2 risk reward ratio. i also use the same. I try to place my orders near a support or resistance when market has hit it and is about to take reversal and i set my SL beyond that level with the margin of 10-15 pips. This way i feel more secure because it takes some time usually for price to break any support or resistance. Will depend on the starting team frame in which you are, eg, if a team frame 4pm you will put your stop loss preferably in the last resistance or support regarding their take profit eg a team frame 4h can be 50 pips

[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

[weeklyscalpertrader]

Main jab bhi take profit set karta hoon to zaroor us se ziada hi stop loss set karta hoon q k mujhe apni trade par trust hota hai k market pehlay take profit ko touch kar k hi apna trend change kar skay gi . Lekin kabhi kabhi mujhe loss hota hai is ki wajah yeh hai k mujhe kuch signals wrong miltay hai jis par main yaqeen kar leta hoon .

jab hum apne real account me trading karty han to humen stop loss or take profit ko bhe use karna chaye kyoun k stop loss or take profit ki forex trading me bhot ziada importance hoti hai jis se humen trade me ek limit lag jati hai jis se agar humen loss hota hai to wo bhe ek limit me hota hai us se ziada nahe hota hai

[toba]

as for my self i don't use stop loss and take profit plan, because when i trade i keep an eye on the market on the whole time and when i get my target profit then i stop the trade and collect the profit. I never considered that stoploss have perfection, because I use a stop loss based on a variety of considerations, one of which is to preserve my capital already invested, I do so because I am sure to be able to survive in the forex market should be able to minimize the risk

[pemadam]

First of all I suggest EUR/USD for trading. This is good currency pair and new trader should learn and trade on this currency pair. Stop loss should be minimum 300 pips and take profit can be set as market movement. Because some time market move more much and if we set a small stop loss then ratio of stop loss order will increase than take profit. analysis of one's trend, it sometimes is for myself the stop loss and profit taking 50 points., and not just restricted to trade points. i dont sometimes have a profit and posts within your advantage to maintain shut eye on business declined enough for myself.

[serius]

It depends upon the movement of market. In the first stage before putting the trade, u must look at the hourly, daily or weekly market trend including the news and then set the stop loss and take profit accordingly. There is no hard and fast rule, some market ranges between 30-50 pips, some even around 100-150 on average depending on the currencies. Set it in accordance with the selected currency.

[Shahzad007]

Main jab bhi take profit set karta hoon to zaroor us se ziada hi stop loss set karta hoon q k mujhe apni trade par trust hota hai k market pehlay take profit ko touch kar k hi apna trend change kar skay gi . Lekin kabhi kabhi mujhe loss hota hai is ki wajah yeh hai k mujhe kuch signals wrong miltay hai jis par main yaqeen kar leta hoon .

[sapiyar]

Every successful Forex traders are set up their Take profit and Stop loss point according to, their trading strategy. Your policy is also good but, I always set 15 pips as my Take profit and 50 pips for my Stop loss I actually tend not to typically space require revenue as i hold persistent vision about any business and additionally in close proximity the position rapidly as i believe that the gains really are an adequate amount of for my situation.

[diantara]

mostly choose my oder only after analyzing the trends. I trade with 50 pips stop loss and unlimited pips of take profits. I don't usually place take profit as I keep constant eyes upon the trade and close the position soon as I think the profits are enough, i've already put the stop loss in each open position and a cut loss order if my total capital is reaching the limit that i setups. While for profit i'm usually take the 1:2 ratio for loss and profit, so if i'm setup a 20pip loss...