How do you calculate stop loss and take profit targets?

[hiren]

yes its have to dont in all of our trade set SL with proper money management otherwise its not possible to live long in forex . and we also need at the same time to set TP because exist at the right time is also very important because if we dont do it then our profit trade may go loss again.

[s19]

As I am in learning stages of forex trading so till now what I had learned about placing take profit and stop loss values is that to place it in accordance with fibo values. I make an entry according to support and resistance value and then I calculate stop loss and take profit by the upper and lower fibo value that falls near my entry.

putting stop loss according to fibo level is also good. but in my view if you are putting stop loss on base fibo then its more more pips.
its also depend on your trading strategy if you are trading with fibo analyses then its will be good other wise not.
batter stop loss is near to support and resistance level.

[kamla]

As I am in learning stages of forex trading so till now what I had learned about placing take profit and stop loss values is that to place it in accordance with fibo values. I make an entry according to support and resistance value and then I calculate stop loss and take profit by the upper and lower fibo value that falls near my entry.

[mayengbam]

i just target my profit about 50 pips for every transaction and my stop loss about 100 pips.just one position per day.i dont need more trade.just trade safe.

You are playing really safe in my opinion trading one position at a time. The gain will be slow but its alrways better for a learner to accumulae profits slowly instead of trading without a plan and inviting margin call

[SG Trader]

Fifty pips profit and 100 pips stop loss quite difficult to understand as even if we are able to make profit 1-2 days if our stop loss triggers some day we loose two trades profit at once and yes some more in form of what we spend on spread.

yes, we will get loose of two trades profit if we get loss in 100 pips.
but that is must happen and that is a business, we will get the risk until loose of two trades profit. so we must improve our skill or analysis so not often to get the risk.

[yogesh]

Fifty pips profit and 100 pips stop loss quite difficult to understand as even if we are able to make profit 1-2 days if our stop loss triggers some day we loose two trades profit at once and yes some more in form of what we spend on spread.

[SG Trader]

i just target my profit about 50 pips for every transaction and my stop loss about 100 pips.just one position per day.i dont need more trade.just trade safe.

you are a good trader, but i have one question to you, is sometime you greed to make the second position?
50 pips are good. when we are can doing that consistently i think the result is really good. 50 pips is huge value, even i just set my target about 10 pips per day and sometime i loss some pips in a day.

[tibasingh]

Correct calculation of stop loss and take profits are very important for our positions to get a good profit and also to minimize the losses if the position are running against the market. So how do you calculate these sl and tp targets?

main to wese manual trading karta houn par ager app stop loss or take profit rakha chatey ho to es k liye sab se must ha ap ko chart ka analyisis karna aata ho or take profit or stop loss kaam se kaam pips par rakahin kioun k ager loss ho ga to kam ho ga or ager profit howa to thurra thurra kar k kafi ziyada ho jaye ga ye achi stretegy ha

[aryan]

The strength of support and resistance levels at various pivot is determined by how many times a price reaches that level and then reverse.

[kamla]

mein be aik new tradder hon or ye janena chahta hun aik pips ki vaule know ka asan or she way kia ha so any body like to tell me the way