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

[admin]

I think 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. That�s a very wholesome profit i guess. so that it forex is actually good with regard to me

[sino]

dear in forex trading, personally I consider I like to use 15pips for 20min stop loss and 30pips for 1hour.trader should try to know how to control their loss in the forex marker business.trader can never succeed without successful stop loss order.stop loss is the reason why u can succeed

[Medo.Forex]

Actually, I am using the support and resistance area at my trading in the market, and I love to use this as my Stop-Loss and Take-Profit and some times we may get caught, because of false break out but still I love to use them.

[sharma kaji]

my stop los plan usually is to buy 20 pips take profit, after that safeguard this, 20pips stop loss, this very assists a lot and I constantly build a few money away of this. and to inform the actual truith, I build greater than which upabout trading.

[zani]

well actually in forex trading I consider that it is a good strategy because if the accuracy of our analysis and prediction is 50% then we will continue to profit in the end result of our trade, but I suggested that we put a stop loss that is not easily touched by the price we must pay attention to the point of support and resistant level

[mix]

of course personally I think its true every trader use good money management system make good and by the use it you will be gain skill from the forex trade and this is best so believe price mostly moves in long ranges than that but you are lucky if you are getting good results

[ghandara]

i perform not take any kind of tension on the actual forex market on regard of stop loss and take profit i simply adhere to the actual trend of the actual forex market and read forecast upon the daily foundation i understand if i open my trade based on the trend of the actual forex market after that i tend to make right listed below very large profit and i perform not got to established stop loss.

[saim danish]

mara khyal sa insan apna loss ko is tarha bacha sakta hai agr wo us kaam ko bohat achy tarika sa janta ho or us kaam ko samj kar kary us sa wo apna paisa loss hona sa bacha sakta hai or apna kaam ma bohat sa profit jama kar sakta hai.

[zani]

dear I do think it�s true that for scalping there is no perfect stop loss.infact its not advisable to put stop loss for scalping.because scalping has very low SL value like 10 or 5 pips which can get triggered easily.

[cottenmix]

i think take profit and stop loss trading plan is very important in forex and using take profit and stop loss are very important when we are trade in demo account to practice our discipline. if we are discipline on the demo account, that is a good prefix to trade on live accoun and we must apply good point stop loss becouse stop loss helps us from big loss..........