How do you calculate stop loss and take profit targets?

[ntn]

Sir there are no need for a forex currency exchange trader to target monetary amounts in their trades, this could lead to greed. It is best that a forex trader should make targets in their trades in terms of pips and feels happy.

[Pak3000]

first of all loss ko is tarika sa roka ja sakta ha hum jub koi kaam shuru kartay hai toh humko apni tamaam tar tawaja us kaam ki taraf karni chahiya ku ka koi kaam shuru karaay toh dehaan sa karna chaiya or yeh pofit gain ka sub sa acha tariqa hai or humay emotional nahi hona chahiya insaan jab gusay mai hota hai toh wo sai galt faislay kar deta hai

[zonyakhan]

Sir I am here and i concord swell its outmatch to designate the stop loss and take profit targets instead of many ergodic figures but both people elevate to set a nonadjustable train in all positions.

[Shahid78]

You are right that this is very good way of making your targets as 70% of the traders are thinking like that so the price will also move accordingly but you have to keep an eye on the news as well and try to take advantage from the fundamental analysis as well.

[fanue]

I have never had a standard on what take profit and stop loss values should I do. But psychologically, I will take my position to profit when it touches more than 10 pips. I rate that 10 pips is the safe limit for realizing profits, and it will open a new position if the candlestick trend or analysis still shows the price will continue to move in the same direction. Once upon a time I will stay above 20 pips, but I rarely do it

[king shalman]

I think it's really even more important to count but if you can't count it then you won't be a good trader at any time so at first you have to work hard because the more you work you can finish after that it will benefit easily from here you want. and if you square the labial out according to the Fibonacci level where the direction of your money is given, cover this. If you overshadow the direction of your money, your module is changed to localize the death that disturbs you according to the level of your effort that you will occupy for that change.

[ntn]

Sir i agree using support and resistance areas as sl and tp is a good way to trade, in fact there are different methods that people use to set these targets and i this thread is showing me how people are using different techniques to set these sl and tp targets and earn good profit and be a part of trader.

[Experttrader]

Here we are dealing with a everchanging market so our targets should be resurgent and jibe the market conditions fit. our targets should be limber enough to cumulate statesman profits and minify the loses. exclusive then we present be able to subsist and vantage in this business

[sapolang]

If I depend on personal taster traders, not big or small, but the balance we discussed here could be the difference that makes us ....... if we receive a high prize then we make a profit if 50% of our trade will cover losses . with only 50% success, take profit trading can give us good profits. and before I put a stop loss and make a profit I must first calculate the amount that I can take risk in each trade and know whether I can bear the loss if that happens.

[zonyakhan]

Dude this is very difficult to judge take profit and stop loss points in the forex market but daily forecasts and indicators helps us a lot in this regard, they give us all the necessary points about to trade.