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

[arjun21]

I have not however determined any kind of degree of stop loss and take profit as a result of I usually trade along with big developments exactly in which worth ranges through prime in order to be able for you to help bottom is actually about 1000 pips or even more, so if I established any kind of stop loss and take profit on big time frames, after that I have to line 500 pips because stop loss and 1000 pips because take profit that are usually incredible in order to be able for you to help the foremost of the actual new traders.

[kajwa]

Counting on u trading strategy. I utilize the higher or even low of the 2 earlier candle coming from the candle which gave me personally my entry point and take my profit sometimes 2 of the amount of pips that will make my stop loss.

[tedjboyka]

while trading if the market is trending i prefer a trailing stop to manage my profit factor, but if the market is ranging then i prefer my gut feeling to tell me where to put stops to get out of a wrong trade, mostly this is 15 to 30 pips at most

[kune]

In fact I believe if we use the stop loss in very closer point then there are more chace to loss the money instead of the profit. I think we have to use the stop loss and take profit nearest to the support and resistance point.

[irfanahmadsayal123]

i always start trading with stop loss i set 30 pipes for stoploss and for profit set 80 pips i am earning good profit regularly

[rijaul]

I mostly choose my oder only after analyzing the trends. I trade with 50 pips stop loss and unlimited pips of take profits.I keep constant eyes upon the trade and close the position soon as I think the profits are enough for me.

[admin]

I am constantly utilize the stop lose. in first whenever i open the actual trend, i evaluate the actual market first. after that i take the actual stage. i utilize the 25 pips and the actual profit wave is actually fifty in order to be able for you to help 60 points. after that i maintain continuous my eye on the actual trend.

[fajit]

I believe this just depend on you to set it, i have also thinking that i do not want to use more stop loss on my trading because use too much stop loss it will possible to make me to loss more money, and some time that is not safe for us to use too much stop loss on the forex.

[zongmobile]

Mar khayl sa mar yar forex trading ke job ma stop loss aur take profit mar khayl sa hum planing wo karna chata jab hum trad point lagana chay

[awaisali0369]

I use stop loss and take profit in all my trade. I only check my risk reward ratio if it is good for me i go on with the trade. I use them so i can have rest of mind in my trading. When am not online i already know what am going to loss or gain in the trade. So there is no tension or emotion running high for me.