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

[mayoaoa]

Trading foreign exchange on margin carries a high level of risk,

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Books �?? Search for books relevant to your trading style. E.g. Search for �??trend following�?? on Amazon. Here�??s a list of books that I would highly recommend.

[darso]

i do not make use of stop lose and take profit just about almost most i perform through manaual, so i think It�s not really well worthy of whilst using stop lose and take profit It�s not dependable as a result of som etime worth tend to be back again to u aspect when striking u stop lose

[monorel]

U ought to established u stop loss according to u trade plan. If u trade on a range much better to established stop loss simply outside the actual range rather of counting this on pips. Actually with regard to some other strategies u ought to not established a very big stop loss because may result in to big losses. I have currently place the stop loss on every open position and a cut loss order if my total capital is actually reaching the actual limit..,

[goggo]

I think that the best place to put the stop loss is under or above the supports and the resistance but for the take profit it's better to use the trailing stop and follow the market because you can make a very good profit if the market moves in a strong trend.

[mayoaoa]

S & P / Case-Stiller price index. This new index will analyze

[khan altaf]

forex is actually good occupation. 25 pips is actually a little tad of very tight stop loss. Worth mostly moves on lengthy ranges compared to which, however u tend to be lucky if u are becoming good outcomes through this. I constantly established the actual SL and TP nearest to the actual support or even resistance degree and ofter alter this like the worth moves upabout. good luck...

[xito]

well, obviously I think yes it’s much true that I dont put the take profit on basis of the point but i use support and resistance to find my take profit and stop loss.I am a kind of a man who watch his trading running so whenever i see good profit i usually close the trade.I also use trailing stops to secure my profit if the market is less volitile.

[pidro20]

Stop loss is the very important for the forex trading because when I open the forex trading then the support and resistance set. If support and resistance level are too high then I follow the money management rule. I am always trade with stop loss the is about on 30 pips to the earn profit.

[minok]

yes absolutely my dear I definitely do believe that when you trading there are some you have to consinder that is you have to make sure that the goals that you have i the planned that you used there is something that you have to make sure that you have done in the best way possible.

[dafi]

yes, obviously my dear i absolutely think that for me i am preferring to use the take profits through my trade forex,i never set up the stop loses for all my orders which is made cause i close my loses orders by manually and stop lose is hard thing for me and never use this option yes but i used take profits some time in my last trades.