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

[ishvara]

Yea I am always use stop loss in currency trading working dealing working market.I am take advantages at 40 pips and stop loss 30 pips.some time design were not outstanding for me or against me then I am getting fast option and take little advantages. Thanks Indian-forex.

You have taken a very good decision in forex exchange trading business by using a stop loss at every point in time as you trade. Such a move has actually been a secret that expert traders trade with and make good profits.

[sufanw1]

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?

in my opinion, to determine the stop loss and take profit are suitable, depending on the currency pair we trade it. if i put the stop loss take profit is 1:2. then what I do is make a stop loss further. I plug it when I do trade in the EUR / JPY. I always successful when I use this setting of TP and SL.

[hemu789]

Yea I am always use stop loss in currency trading working dealing working market.I am take advantages at 40 pips and stop loss 30 pips.some time design were not outstanding for me or against me then I am getting fast option and take little advantages. Thanks Indian-forex.

[ahmad doyok]

I am invariably use stoploss in forex market.I am take profit at forty pips and stoploss twenty five pips.some time trend weren't sensible Pine Tree State or against me then i'm taking quick call and take tiny profit.

[santhoshi]

i take a step of stop loss at 50 pips and 25 pips for take profit. stop loss and take profit depends upon the deposit you have made on forex trading. forex business is a risky business. so it is better to place stop loss and take profit.

[Sara Khan]

There is no perfect point that any forex trader could fix their stop losses or take profits in the forex business. The right sets of stops only depends on actually the way we are trading in that particular trade.

I agree with you, stop loss and take profit that nothing is perfect, because in this trading activity there is no perfection. every forex trader has different habits in determining the stop loss and take profit them. this is what ultimately makes trading activity is not a perfect activity

[ishvara]

There is no perfect point that any forex trader could fix their stop losses or take profits in the forex business. The right sets of stops only depends on actually the way we are trading in that particular trade.

[lalmiah00]

It is my own resource, I always follow the stop rules process when I trade in the Forex market, I think that from the Forex trade I can earn good amount of money when I use the profit plan.

[sandip.vpcoe]

See it vary from individual to individual. small traders like me should kept stop loss to very less loss amount by which you should not get much loss and big traders can keep it wisely by doing some analysis.

[imam2383]

well when i open any trade than first i search next support and resistance. i put my stop loss near to these levels.
if support and resistance levels are too high then i follow my capitals management rules. i use 2:1 risk & reward ratio.
stop loss is 200pips then my tp is 100pips..