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

[shoump]

We can make more money in Forex trading .. will often cause traders to take profits too early and greed often leads to Knowing Your Purpose Before You Place a Trade. Commodity traders must know where they plan to profit from trade. As soon as the market moves under a 20-period move, the trader must get out of position if it wins, Good luck Fores. Thank you .

[seblak]

some traders mistakenly believe if this places a wider stop loss on this trade it can basically increase their risk. similarly, some traders believe that using this smaller stop loss can basically reduce risk by trading. traders who hold this false belief because it is done only because they do not understand the forex position size plan. and to my knowledge, I continue to set 100 pips as my stop loss target and that I also use 200 pips as my take profit target while trading here because basically I use a long-term trading methodology which will be the reason here in forex trading.

[wahana]

Stop loss is an important part of a trading strategy and if we use stop loss properly, the opportunity to get a Margin call is greatly reduced. Different forex mentors have different formulas for calculating and placing stop losses and I prefer to use the 2: 1 formula (For each target of 50 pips, stop loss can be 100 pips), but it is entirely the traders' choice that how they will use this facility .and I use stop loss on every transaction I open for trading where I am afraid of losing and try to control my fear using stop-loss ... I set a stop-loss percentage from 2% to 5% of the amount I trade.

[sapiyar]

While I will implement the system, the smoking buds of herbal law currently include any avoidance of deficiencies during each acceptance job and the addition of pruning structures every time my best comprehensive budget is of course to limit those governing. Despite the fact that my intended return usually requires 1: a pair of ratios that are intended to be a joint deficiency or not, which means that when I will put up a good 20pip deficiency, my best return is thirty pips.

[hogaman]

SL 25 points are enough to get tolerance, because the price movement in one point day, DAILY RANGE 100 - 150 points because SL is very important to be applied in any condition; otherwise it will provide a greater loss. The risk limit is better than what we always expect for a clear position in the wrong position. And when I try to place my take profit in trading in an amount depending on how the market is currently so I like that I trade more in the trade that I do and I want to continue to do it

[sodar]

when I have never heard that I prefer that forex is the next hardest job on the planet. also i believe this font yes it is really difficult to get money from Forex but it is not impossible or the most difficult it is usually called the second most difficult job. so many poles make money through Forex, why don't we, just need basic knowledge and patience to do this. and In general, my stop loss is greater than my take income. In this way because I am more confident in the swing in my favor, but there may be unexpected volatility but it will give you leeway correctly. But if trading goes bad, stop loss can help me take care of it.

[paulis]

In my opinion, I usually trade in a hazard and reward ratio of 3: 1 which means I want to get double the income from my losses and this can be quoted with an example where when I trade for 60 pips in income My partner and I Place my stop loss at 20 pips. and In taking profits and preventing losses, I followed a number of strategies. To begin, I must pay attention to that period of time. If the time frame is fifteen, I usually have 5 final losses and 10 take profits. And while I trade with a four hour period, I generally offer a stop loss of 10 pips and also a profit of 30 pips.

[wahana]

Because I recognize the most ideal acquisition benefits and reduction of stops that must be identified by the provider determined by your judgment that they can help create for the forex trading company, they must help to make extraordinary judgments on the right now there to make these people will definitely have an amazing end result and Profit and stop loss is a vital part of forex mercantilism. I also set stop losses and take profits in my trading. I feel some sellers are also set to take profits and stop losing. I set my take profit greater than stop loss. as soon as the market moves my take profit, I move my stop loss too.

[baper]

I don't have the right plan that I set mostly fixes the pips you say in your thread so when I realize that I can make a lot of profit on my trade so I set a high take profit and make a profit on it and when I see it after message that if the market will be negative, then I set a stop loss for it and I think the perfect stop loss plan and take profit plan depends on your analysis if you can make a good analysis then you will find the perfect stop loss and take profit plan and strategy Your trade will be good. I think it's very important to find the perfect exit ad entry point to generate good profits.

[tabib]

I place my stop loss close to this level. if the support and resistance levels are too high then I follow my money management rules. I mostly choose my orders only after analyzing trends. I trade with a stop loss of 50 pips, the maximum and unlimited from take profit. I usually don't take profits because I keep a close watch on trades and immediately close positions. and it must depend on what your bargaining style is, and you must set your stop loss in line with your trading arrangements. If you exchange differently higher lines to stop losses only outside the range than investigation in pips. Even for different ways you should not set a very large stop loss because this can result in large losses if one trade is wrong.