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

[manikah]

In my trading strategy have no any stop loss system.I always use only one pair like EURUSD and use 50 pips take profit.My trading system is on the basis of money management system.

[istiqomah]

stop lose in forex trading is extremely necessary. you would like out to perceive simple fact, if you do in fact don't attempt this than can you will notice you account zero. you would like out to focus with this. stop lose mustn't be a lot of than 15 pips. you might want to have a limit. you might want to take profit for 30 pips and stop lose 15 pips.

[Sara Khan]

Mein jab stop loss trade per lagata hon tu us mein 150 pips tak agar markt oper ya neechy jaye tu itna laga deta hon tak keh mera account bhi khali na ho aur mera trade ka kam bhi chalta rahay. Stop loss ki waja se accoutn mehfoooz ho jata hay.

refers to money management that I use, I keep focused using the ratio of risk: reward of 1:2, with the risk reward ratio like that, I usually use a stop loss of 50 pips with a stop loss of 100 pips, with a ratio of stop loss and take profit like it, I could feel comfortable during the buying and selling activities in the forex market

[jibaboo7]

Mein jab stop loss trade per lagata hon tu us mein 150 pips tak agar markt oper ya neechy jaye tu itna laga deta hon tak keh mera account bhi khali na ho aur mera trade ka kam bhi chalta rahay. Stop loss ki waja se accoutn mehfoooz ho jata hay.

[salinak312]

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

[suzaudawlla]

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

[ratna]

i believe you're pretty smart at trading. thus if youve got a profit and after that you experience defeat, you are definitely not as big a loss you profit. this means you still got a profit. smart step. i even have done thus considerably more or less like you are doing.

[abida2025]

After the analysis of trends, but I usually choose my oder. 50 pip trading and profit and loss of the trade to an unlimited number of dice. I'm usually for me, I think, once the location is close enough to me to keep an eye on the business benefits of a particular place.

[penuss]

position trader, that 25 pips SL do very tight SL. But for some intraday trader or even scalper, that 25 pips is good enough to just cut loss it's true my friend. Stop loss and take profit should always based on risk reward ratio. as for me

[Ali 123]

Since i am a short term trader i set my SL and TP nearby. I set them in the ratio of 1:2, so if my trade is well i set my SL at 15 pips and
TP at 30 pips and if my trade isn't showing good results hmmm, its 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