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

[sinjo abe]

I am new to forex trading and I try to reduce losses. But the plan has not been fixed to stop losses. I think if I can learn forex very well it will be able to stop losses and I will try to get 5pips in one day. This would be perfect for stopping losses and it is not a good idea not to post a stop loss if you have little capital because you can lose your entire investment in just a few minutes so that you always put a stop loss to minimize your risk.

[arshadlaskani]

sahe kaha ap ne sar ham sab ko stop loss aur take profit ki planning krne chaheye k ham take profit par ketna profit otha rahay hain aur stop loss par ketna risk lay rahay hain yaneki apna nuksan hamen hamesha apna nuksan kam rkhna chaheye aur nafa zayada ho har trade par tabe ham faeda otha sakte hain

[madale]

Stop the losses I put depending on the direction of the trade I'm involved in. If I follow the trend I don't put the profit level, I let it flow because I know it will get to the last minute of trading for that day, and my stop loss is always after the trade has gone 50 pips in my favor. I then put it in my entry position. and the right place to place a stop loss below or above the previous swing low or swing height and the right place to place take profit is at the closest resistance or closest support line or resistance or support other than the pivot point.

[danish555]

dear traders mostly i trade without using any stop loss and take profit option , but according to my opinion these options are very important to use during trading , according to experienced traders of this business the stop loss should be less three time then the take profit suppose you set the take profit at 30 pips then your stop loss should be set at 10 pips which is good for trading .

[Zain Ahmed]

I can not talk about that perfectly, because each case in trading has way to determine and use stop loss, So you have to gather knowledge and learning the trading well, then you can use perfect stop loss via money management and trading method used, Forex trading is opened market and each trader has way to use stop loss and take profit.

[madale]

I also have this problem, but I realize that I have to work on my emotions to stick to my plan and tarde only when I see opportunities not only to trade in whatever way we continue to study every day and if we want to use beat stop loss we have to use a swing strategy, so we can set a stop loss smaller than profit, but if we use the indicator it is usually too late to give us a signal so we have to use more pips to stop losses, and I object 25 pips is not enough because the price makes a correction usually our stop loss will touch the price

[kalakuan]

strategy to put take profit and stop loss in the market varies depending on individual trading strategy but the most commonly used pattern is used to determine support and resistance either take profit and stop loss levels. and every successful Forex trader prepares their Take profit and Stop loss points based on their trading strategy. Your policy is also good, but I always set 15 pips as my Take profit and 50 pips for my Stop loss. Because, prices always go up and down on the Forex market. I also made successful trading on Forex with this policy.

[tlagsing]

You set a stop loss of 0.5 from the profit you take cannot be done because there are many possibilities that your trade can reach a stop loss over take profit so that it is higher to change your stop loss to the same level as you used to profit and Chances are they can seek help and an additional amount of resistance every time they release almost all previous businesses. It is generally done to stop the waste of dollars and as an addition, and besides that I think it must be strictly regulated, come back every day.

[darmanap]

something really great comes from something ordinary. and cut loss orders if my total capital reaches the limit I set. While for profit I usually take a 1: 2 ratio for loss and profit, so if I prepare a 50pip loss, I put my stop loss near this level. If the level of support and resistance is too high, then I follow my money management rules and I have put a stop loss in every open position and it will be good for all of us. something really great came so if I set a 50pip loss, I put my stop loss near these levels. If the support and resistance levels are too high, I follow my money management rules from something normal. and cut loss orders if my total capital reaches the limit I set. While for profit I usually take a 1: 2 ratio for loss and profit,

[Shahid78]

main ne abhi tak is mein trade nahi kiya hain mere khayal se ap is mein stop loss bhi kar sakte hain is mein 20 pips par laga sakte hain aur take profit is mein ap 30 pips ki laga skate hain