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

[shalman]

forex or foreign exchange market one amongst the'>can be one of the largest retail markets, too as among possibly the most unstable. forex trading can possibly be done either manually or shopping for and selling with a broker or money brokerage companies. it might additionally be done using automated method software or knowledgeable additionally generally known as forex robot.

[nishi.biswas]

25 pips is a bit of real airtight layover amount. Terms mostly moves in retentive ranges than that, but you are lucky if you are feat good results from it. I e'er set the SL and TP nighest to the activity or festivity construction and after sterilize it as the terms moves on.

[lkjhlkjh3652]

Piece trading if the marketplace is trending i prefer a trailing act to succeed my get factor, but if the activity is ranging then I elevate my gut notion to inform me where to put stops to get out of a misguided transaction, mostly this is 15 to 30 pips at most.

[bogelfx]

I use the comparison of any use stop loss and take profit, I think a good comparison is 2:1. for stop loss and take profit, however, is not a liability, depending on the placement of stop loss trading system that we use

[musharaf8844]

It's very good trade plan . But my stop loss is 20 pips and take profit is 60 pips. And i m also earning money. And facing loss is the part of this business and it depends on us that how we can reduce it. And i don't think so that you can trade without having some loss. Because it's the first step of learning in Forex.

[rohimafroze]

25 pips is a bit of very binding stop expiration. Cost mostly moves in perennial ranges than that, but you are hot if you are exploit safe results from it. I e'er set the SL and TP nearest to the sustenance or status even and after unisex it as the cost moves on.

[bramos]

basically many traders trade without putting stop loss and they lose large money so we should trade with stop loss and i use bollinger band to put stoploss and use breakout strategies to use stop loss.

Yes i am agree with you.Forex is the number 1 business in the world.It is best for everybody.For the student,it is also important role.If you want to make trade in student life,you can take as a part time job.

[hsalem]

for me i put the take profit in double of stop loss then the one success deals is equal to the
2 losing deals in trading , and i see it is so important to protect your deals from lost in Forex

[sukeshroy]

basically many traders trade without putting stop loss and they lose large money so we should trade with stop loss and i use bollinger band to put stoploss and use breakout strategies to use stop loss.

[asingh601]

The stop loss is an excellent tool that anyone could use to trade forex business. This is basically because it halts or stop losses that could destroy a forex traders success in forex business

stop loss ekdum bekar tool hai mere liye is se mujhe un trades me jinme profit mil sakta tha loss hua hai market mere favor me gaya to sahi lekin late se par is kutriya tool ke karan mera account hi nuksaan me chala gaya bajae profit ke.