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

[bogelfx]

there is no perfect stop loss in trading forex and guaranteed not touched, if our analysis is wrong. then the stop loss will be touched and we have to be patient. do not reply to our losses by using a large lot

[faruq14]

When a trader start this business then they will earn the good money earn the can every trader can be set up EA trade for the good going to chance can acceptable for the money making way which we should do it for the stop loss and earning profit it is depended on the trader ability to earn the money.

[mukeshfx]

Haan bhai, ye sahi baat hai humen apni stop loss ko kam se kam par set karni chahiye aur take profit humare stop loss se jyada honi chahiye, take profit agar stop loss se double hoti hai to jyada better ho sakti hai.

[Amine Bekka]

my prefect stop loss program is making a perfect and well balanced strategy which shows you the right paths and defines the routes which one would be accurate to move on , the one who does not follow any strategy is obviously wrong , because this is a trading business without plan and a good approach no one can success in any king of business . Forex is a great business but needs some amount of efforts to improve it more .

[Mcmoney]

To my mind it depense of the market situation wich is at the monemt of trading and so i set my stop short over zthe last high or low point like the market technice it said, and so i act and the take profit ist mostly the last move.

[mohammedfx]

There is no specific plan for stop-loss and take profit, but this is due to the strategy used and the type of the deal, but in general, the stop loss is 30 points.

[soniailyas]

her expert and experience forex trader apni trading mi lazmi stop loss and take profit ka use kert ha is ka sub se bara faida ye hota ha ke agar trade opposite ho ay tu sary deposit ke loss se save rehta ha.

[Kimberly]

In vogue my feel about Trading duty be ready in correction. By money management all trades can be ready safely , i manipulate 50 to pips in break off loss limit and 15 to 30 pips in take profit with a method percentage size. So as to gives me adequate pips.

[shubhamhero]

There can not be any predefined stop loss or take profit levels that can be set. They must be used as per the market movements and sentiments. Always try to increase and maximize your profits and reduces your losses.

[fxearner]

trader chahe to apne system ya fir daily ke high aur low ke hisaab se stop loss aur take profit laga sakta hai lekin enn dono tools ko use karna bahut he jaroori hai kyunki bina eske trader ka trade adhura he maana jayenga..