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

[bhakruin]

on the actual trade, I typically perform not place stop loss and take profit through the start. I typically open position and the actual situation of the actual market first, if it is good my position and on accordance using the motion of the actual market, I might place take profit. however if It�s my position opposite to the actual motion of the actual market, after that I might place a stop loss, to limit my losses.

[Medo.Forex]

I set the stop loss and take profit on the basis of market situation and I think if we can trade with good analysis the market with technical and fundamental point of view then we can make good money in this trading business and we should not trade in the market more than 1:2 or 1:3 risk reward ratio.

[mikum]

i make use of support and resistent because my good stop loss and take profit plan. many occasions the value will transfer upward and lower on support and resistent degree. so i make use of this degree to place my SL and TP

[restore]

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 which i setups. Whilst with regard to profit i am typically take
the actual 1 : two percentage with regard to loss and profit, so if i am setup a 20pip loss, after that my profit will end up being in 40 pips, typically make use of a stop loss of fifty percent the actual expected profit.

[ramuna]

I am nevertheless the actual stoploss and stoploss is actually about 30 points of trade and payment of 50-60. Constantly buy and sell ovesold-overought area. I usually just to evaluate trends during the actual period. The actual judgment of the actual pips of trade order fifty and profit, limitless. On common, if constantly getting profits tend to be not seeded eye trading, shut of the actual young station because I think the surplus and that�s enough for myself.

[shalman]

There tend to be moments when I perform not utilize the stop loss, however the take profit is actually a should because it�s the primary reason why I am on this particular market. Usually if I will make use of a stop loss a make use of 40 pips and typically once it is virtually arrived at and I understand the value will nevertheless increase, I am going to simply transfer this a lot of additional.

[sinarmas]

Every thing depends on the particular accessibility point and once the actual accessibility is basically a verified accessibility the particular stoploss could possibly be broad or even more on order to 2 hundred pips while once it is the actual dangerous accessibility, probably the twenty pips stoploss can perform because well because obtain revenue of 50 pips proceeds to end up being great as well.

[shalman]

for myself i perform not such as to make use of a big take profit and perform not such as to make use of a small stop loss since the market is actually volatility and the actual trader should wait and see the value to return and we should not end up being greedy untile flip the actual profit to lose for myself i like fifty with regard to take profit and 100 with regard to stop loss.

[fxearner]

forex ke business me 1:3 ka stop loss aur take profit lekar chalna chahiye aur esme achhe se pivot points support aur resistance dekhlena chahiye,yahan trader samajhkar kaam karta hai to fir wo ess business me achha kar sakenga..

[1250]

very tight stop loss price mostly moves in long ranges than that but you are lucky if you are getting good results from it if support and resistance levels are too high then i follow my money management rules i use 2:1 risk & reward ratio