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

[setan]

The marketplace trend is promoting my pursuit pursuit to handle my bourgeois profits, but if the activity starts then I advance my gut opinion to state where I have to stop going out of a broken trade, most of this is 15 to 30 pips at the most and while trading if the market is trending me forward stopping chases to deal with my constant constancy, but if the industry revolves around I support my gut opinion to tell me where to stop going out of immoral business, most of this is 15 to a maximum of 30 pips

[kokorotak]

I think if I consider your example here to make a maximum loss of $ 50 for an investment of $ 100 is too much loss because it is a loss of around 50% and this is not good for beginners on the Forex market. For me, I hate losses and anything higher than 10% is not good for me. I would advise you to try to set your stop loss to 10% maximum loss and then try to test it with your demo account and see which one will be more profitable. But I leave you to your own best methods and strategies. But for me, a 10 percent loss is okay.

[persib]

I always have a plan before I open a position and after I open my position because I never know what will happen in the future price. we just need to anticipate the worst that might happen to our trade. My Stop Loss plan is of course when my Analysis is not Valid anymore or the Trend suddenly changes it Direction. and a piece of trade if the trendy mart I promote the bottom button to care about passwords is in my favor, but if the market starts then I increase my intestinal perception to say where I have to stop coming out of improper changes, most of these are 15 for the most 30 pips

[ntn]

Sir experience is the base of any successful business that same also here here without experience is not possible here. Without experience here loss only. Apply what you learned and study about Forex, for this demo account is available like real trading account. Then you will get the idea of the market, main thing you need to practice and experience.

[greek]

Every time I move to take advantage of 50 pips and stop losing 25 pips. So far I have succeeded in doing good business. Prices move, especially in long lines, but you are lucky if you get good results with them. I always supervise the trade and close the position, because the benefits are enough for me. and only khyal se parfect stoploss whi hai jo humre loss sharpening se bacha for humra trade ko safe rakhe mai to publish my field 40 pips hi stop stop hun stoplosss bahut hi acha hota hi ism yadi hum itna stoplosss use hain cards for humare trade dam and success is hot.

[safehouse]

A trader should set stop loss and take profit according to their trading style and profit target.It depends on the ratio they trade in.I trade in ratio of 3:1 so if I trade for profits of 60 pips then i set stop loss at 20 pips.

[kumbara]

In my opinion, both plans are the most important tools for the forex business. I use both tools in trading because stop loss saves us from heavy losses in trading and taking profits giving us short but many profits. someday in greed fortune we face losses and with the help of profit we get more by taking risks and I know forex is a real business and risk so every time I open a trade I have to put a stop loss and also take a profit limit and that is 25 pips for stop loss and 30 pips for take profit so this will secure my position and I trade well with good analysis and planning.

[Attraction]

Boss i open any trade than first i search next support and resistance i put my stop loss near to these levels.I mostly choose my order only after analyzing the trends. I trade with 70 pips stop loss and unlimited pips of take profits. I have already put the stop loss in each open position and a cut loss order if my total capital is reaching the limit.

[kaval]

My prefect loss termination program is made into a very good and balanced strategy that shows you the best path and determines the route that might be right to go through. People who will not follow any strategy are clearly wrong, because this can be a trading business while not planning and a strong approach no one will succeed in any business king. Forex can be a good business besides wanting multiple levels of effort to improve it additionally.

[mumtay]

IN forex I put my stop loss close to this level if the support and resistance levels are too high then I follow my money management rules and the EA trade automatically sets sl and to self if we want to change then we can accept the change if the EA price goes mostly moving in a long range from that, but you are lucky if you get good results from it. and I mostly choose my oder only after analyzing the trend. I trade with a stop loss of 50 pips and unlimited take profit. I usually don't profit because I keep watching the trade and close the position soon after I think it's fortunate enough for me ..