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

[widiforex]

my favorite stop lose is 20 pips and profit that I set is 30 pips, plan my daily taking profit is 30 pips, but I have not been able consistently to get it all, today 30 pips tomorrow I can not be sure. many are still my weakness especially emotional factors and too in a hurry to open a new position,

[jackhammer12]

Brother your trading plane is very good but it is not always work because you stop loss value is very small increase it because your trade should have allowance of taking breath so it may can go in the direction in which you want , i personly set stop loss at 35 pip and take profit at 50 pip . i think its best .

I always settle for take profit as 50 pips and stop loss at 25 pips. So far I am successful in making good trades. What are your orders?

[chawli]

I always settle for take profit as 50 pips and stop loss at 25 pips. So far I am successful in making good trades. What are your orders?

I have bad experience to use stoploss, your strategy is very best for those who have proper knowledge about analyzing market with the help of international news before placing an order buy/sell.

[shafqtat Ali]

mai to phly market ko achi tra dkhta ho k is ka trend kis trf hai phr us ka high low dkhta ho .agr markrket sell pr hai or koi 150 points ka farq hai ti mai low ka stop dy kr buy krdta ho.and vise versa

[abirsarker175]

Har trader ko long term ke sath sath short term trading pe bhi dhyan dena chahiye.... me to long term and short term dono type ki trading karta hon
long term me sl nahi rakhta agar mera trade ache rate pe hai to......

[zidhanhk]

if you are scalping dealer than your tp and sl is superb because its the reference of scalper merchant.
but if you are extended term merchant then its not corking sl and tp. in durable constituent trading sl and tp is select on immoral our trading group or analyses.
according to my money management and trading system my foreclose loss is 300 pips and tp is not geosynchronous. i use tp on control the my trading group. some minute tp is fib's 38.2 even or whatever indication its neighbor to link and action point.

[101umair]

main is kaam main abhi is pay practice karun ga I-A abhi tak yeh k is main ziada lalach acha nahi hota agar ziad experience na hoo to or is kaam mian ziadasay ziada investment acha hai is k bonuses he bohat hain.

[tukimin]

After then try to take profit in this market namely a bad trader takes risk and he want to earnmoney qhickly,he,he become greedy a. when we use that tools in our business we must trade in risk free and here its no need to sitting infront of computer to get the profit or close the trade in the right time that when you experience forex trade no need to use SL.

[adnan baig]

as per my knowledge we can not set our stop loss value in EA trade ea trade in auto he set sl and tp its self if we are going to change then its can accept that change if ea is runing forex is world wide business i like forex very much

[elhabib900]

Well it should depend on what type of trader you are, and you should set your stop loss according to your trade plan. If you trade in a range better to set stop loss just outside the range instead of counting it in be . Even for other strategies you should not set a at big stop loss as this may result into big losses if a single trade goes wrong.