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

[mayengbam]

I 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 for me.

its good that you are atleast fixing a stop loss to your positions. trading without a target is not advisable, take profit and stop loss should be well defined if possible using a tool like fibo or snr

[nikam]

I 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 for me.

[Anand]

I am always use stoploss and perfect stoploss plan.I will set 30 point stoploss and 40 to 50 point profit.Sometimes I am tern my position and take small profit.

[anubhavsingh]

I'm using the method of hedging right now. But its not a traditional hedging style. Its just like an alternative of sl using. I'm placing opposite orders just avoiding losses of the existing orders.

mere khayal se ye strategy itni zada sucesful nahi hogi..fir bhi aap apna result batana ki aisa karke aap profit nikal paye ya nahi
me hamesha stop loss aur take profit hi prefer karta hon apne trading me kyunki ye mujeh sabse zada safe tarike lagte hai aur money management ka bhi bahut zaruri hissa hai ye

[vikas]

although i'm using robots, 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, then my profit will be at 40 pips.

[vikas]

yar wese main ne kabhi scalping nahi ki par es ka kuch experince he ha app take profit ko 50 pips pe rakhu to stop loss 75 par kioun k loss k imkan kam se kamm houn 50 point market up to sakti ha par 75 pips ek dam se mushkil ha

[aniket]

nahi mere khiyal main app ko 50 pips pe stop loss rakna chiye or 25 pe take profit rakhna chiye kioun k baz dafa trade open karne se market kafi neechey cali jati ha or baz daf near point k qreeb ja kar loss main chali jati ha es liye take profit kam rakhu

[s19]

Exactly blackprince4u !! SL ko set krty hoyee aap ko money managment or apny margin mai reh kr set krna chahye. SL wahan hona chahye jahan per market aap k against jaye or aap ki direction sy totally different ho jaye. hamesha 25 pips ki SL lgana loss bhi dy skta hai. Or TP utna hi rkhna chahye jitna nazar araha ho k easily mil jaye ga, Expectations or hopes ko bhool kr rakha jaye.

i agree with you..this is the main point for setting stop loss...it not more than our moeny management.
we we set our stop loss more then our moeny management then may be loss our account by margin call. when our tp is hit we must close position not open other position in same pair till you analyses not allow to trade.

[atif58]

Exactly blackprince4u !! SL ko set krty hoyee aap ko money managment or apny margin mai reh kr set krna chahye. SL wahan hona chahye jahan per market aap k against jaye or aap ki direction sy totally different ho jaye. hamesha 25 pips ki SL lgana loss bhi dy skta hai. Or TP utna hi rkhna chahye jitna nazar araha ho k easily mil jaye ga, Expectations or hopes ko bhool kr rakha jaye.

[s19]

har trader ko long term ke sath sath short term trading pe bhi dhyan dena chahiye
me to long term aur short term dono type ki trading karta hon
long term me sl nahi rakhta agar mera trade ache rate pe hai to

i agree with you..but in case we dont have more time to give the forex then we can go for long time..
some trader feel healt problem with continus setting on computers..they can design their trading systme that not need to sit a lot of time in front of system.
i am also doing long term trading and learning short term. in long term trading i use stop loss but in short term scalping trading i am not using stop loss.