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

[geblektai]

Both are very important tool to help increase trading profit till Stop loss helps for more loss happen and take profit helps for taking automatic profit before the market turn from that point because of taking profit delay then But it set after analysis where can market go while In fact uses a profit target profit that we want to achieve while the stop-loss is a loss that can save us from harm

[Jannat Noor]

It's my job to get distinct method by people It's my job to employ scalping We search for 5 for you to 8 pips consider earnings and around 15 for you to 20 pips stop burning it may seem werred but it really works best for us..

[M.Babar]

Dear forex trading mein stop loss mostly wo traders use krty hin jo high volume sy trading krty hin mein apni trading mein stop loss use nhi krta hn q k choty traders low volume ki trading krty hin.

[MuhammadGhulam]

well main to jab bhi koi tradev open karta hun same pips ka stop loss lagata hun or same pips ka tp q k main ye samjhta hun k agr aap ko kici jaga confirm pata bhi ho to bhi aap ko stop loss ko us karna chahiye q k stop loss ap ko big loss se bacha sakta hai

[Kamau]

these is difficult and people who understand these should be well developed and we have to work for what we have to work in the same working for a differnce and well known choise in trades

[zeeshan52]

ji bhai agar aap planing kay sath trade kare to ap forex kay business say bohat sa profit hasil kar sakty hain ma forex business ko bohat he zaida pasand karta ho forex ak bohat he interesting business ha.

[abrar13]

I think that price mostly moves in long ranges than that but you are lucky if you are getting good results from it,i always set the SL and TP nearest to the support or resistance level and ofter alter it as the price moves on.

[fxgm]

I open any trade than first i search next support and resistance. i put my stop loss near to these levels. if support and resistance levels are too high then i follow my money management rules. I use 2:1 risk & reward ratio. Stop loss is 200pips then my tp is 100pips

[utiez26]

good but i think you need to set ur SL and TP according to support and resistance level. Ma tu in points k hisab sy SL aur TP set krta hon aur ye k kuch strategies main SL aur TP us strategy k hisab sy use krni prti hy. While for profit i'm usually take the 1:2 ratio for loss and profit, so if i'm setup a 20pip loss, then my profit will be at 40 pips.

[supermc]

Stop loss and take profit are some trading tools that helps a forex trader to avoid loss and take profit and stop loss is a impotent for every trader so we can fix our loss by using stop loss let alone sometimes i use stop loss and don't use take profit therefore i use stop loss in simple way i put my stop loss at below or above last swing sometime if market is wild i place stop loss at swing below above it