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

[sanjaya]

its my view quit scale back and take profit is amazingly useful for investor. i take advantage of stop scale back and take profit whenever when i business. assistance and stage of level of resistance is amazingly essential stage for take profit however when investor set stop scale back then investor ought to add few pips with support. I own a trader more prioritizing capital, and I would never put a stop loss, and I always love with hedging, because I think the stop loss is very dangerous, so the use of past experience of stop loss, my account is fast running out, and I compare it to without a stop loss turned out to be so much better without a stop loss, so I think a stop loss was unnecessary.It seems to me.

[combifx]

well it has to rely on what a sort of investor you can, and you ought to set your stop-loss according out to your business strategy. if you do in fact business because we are part of a selection higher out to set stop-loss only outside the selection in contrast to keeping track of them available in pips. even for alternative techniques you shouldn't set a really big stop-loss as this could outcome into big failures if perhaps one business goes incorrect.

[nvidia]

stop lose in forex trading is extremely necessary. you would like out to perceive simple fact, if you do in fact don't attempt this than can you will notice you account zero. you would like out to focus with this. stop lose mustn't be a lot of than 15 pips. you might want to have a limit. you might want to take profit for 30 pips and stop lose 15 pips. I decide for setting stop loss in scalping trading also.it completely depends on our method and analysis way ..if our strategy works for 50 i set stop loss high and low of last three candle.

[baceo]

Experience is the base of any successful business that same also here. Here without experience is not possible here. Without experience here loss only. Distribute what you learned and think nearly Forex, for this exhibit accounting is get able like proper trading accounting. Then you faculty get the aim of the activity, principal attribute you pasteurization to effectuate and participate in demonstrate accounting peak 3 months regularly

[nidji]

yes,Statistics show that for new forex traders, profitable trading is hard to achieve. ... you are not risking your entire savings while discovering the difference between a major and minor ... Your plan must also include a realistic rate of return you expect to achieve. ... We'll talk more about stop-loss and take-profit instructions later.Some people use 1:1, some makes Stop loss half of the TP. ... Your probability of a win is thus 30% or 0.3, while your probability of loss is 70% or 0.7. ... stop loss and take profit. i did not have any specific plans about stop loss ...

[sevenfold]

A stop-loss order is a simple tool, yet so many investors fail to use it. Whether to prevent excessive losses or to lock in profits, nearly all investing styles can benefit from this trade. Think of a stop loss as an insurance policy: you hope you never have to use it, but it's good to know you have the protection should you need it.And the best way to set stop loss and take profit is to ajust them in a manner that give a minimmum 2:1 risk to rewars ratio.

[makaroni]

well i always make different strategies whenever i am trading.and for profit and stop loss i usually used 50 pips for profit and 25 pips for stop loss.because if you try to make much profit then loss will automatically u may face,so it is important that you always try to earn small income and try to stop loss because it will become your net income rather than gross income. i believe forex may be a smart for our benefit if we manage here our money well and scan forecast by the daily basis then we will win here terribly simple and fast money within the whole forex market, we ought to continuously want to secure here nice and straightforward money smart plans offer us smart money within the whole forex market.

[XXXTentacion]

personal oder just following examining the actual developments. We industry along with 50 pips cease reduction as well as limitless pips associated with consider earnings. We do not generally location consider revenue when i maintain continuous eye on the actual industry as well as near the positioning quickly when i believe

[kazna]

whereas trading in case the market is trending i like a trailing stop out to manage my profit issue, other then in case the market is ranging then i like my gut feeling out to tell me places to place stops out to get out associated with a wrong trade, mostly this can be 15 out to 30 pips at most Most of the time i try to look for the technicals charts as they show one of the good levels on which we can place the stop loss and take profit so it is one of the best way to place stop loss and take profit and follow proper money management.

[cristalin]

pips is a bit of very tight stop loss. Price mostly moves in alter it as the price moves on. as per my knowledge we can not set our stop loss value in i have only one testing of can not accept manual changes like change sl and tp. trade in auto he set sl and tp its self if we are going to change then its can accept that change if EA is runing.long ranges than that, but you are lucky if you are getting good results from it. I always set the nearest to the support or resistance level and ofter