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

[mdmabrak1220]

You must read how you'll attain equities to occupation and what are the honourable locations to await; how to alter your hot move of stocks; the cost you are volitional to pay for them; how to understand market indicators and how to translate abstract fund mart reports to ply you in trading incoming equities .

[robisha]

I'm greatly my Okra River only in the analysis of trends. I trade 50 pips stop loss and an unlimited number of pips profit. I don't usually post a profit as I keep a constant eye on the trade and the closed position before long I feel surplus are enough for me.

[daunmuda]

determination of the exact stop loss is very nice, but it's better that way trailing stop continues to secure your profit. , The one who does not follow any strategy is obviously wrong, Because this is without a trading business plan and a good approach, no one can success in any king of business. Forex is a great business but needs some amount of Efforts to improve it more. how to improve trading skills by trading either directly or with a small demo account

[xman]

Short pips are good and more to earn as pips is a bit of very tight stop loss. Price mostly in long ranges than that, but you are lucky if you are getting good from it. I always set the SL and TP nearest to support or resistance level and ofter it as the price moves on.

[bagas]

I'm trading long term therefore around my long term trading my first and last stop loss is 300 pips. Now day i'm trading and learning scalping however i'm extremely will not know what will be the right stop loss. I take a look at in demo i notice if i trade close to to actually support and resistance then there's hardly any would like to actually set stop loss trade can shut with 10 pips tp. Therefore i don't use stop loss in scalping trading however i exploit trailing stop. Its provide me profit if my trade move in profit.

[azeem1122]

Take profit option is given the Forex to us for our good. So we have to understand and use this option. It is so tough to control our emotion while trading. Though Forex is the most volatile market so it is so difficult to control our greed and emotion. Stop loss help us to control our emotion and greed while trading..........

[aug14]

if support and resistance levels are too high then i follow my money management rules. i use 2:1 risk & reward ratio. stop loss is 200pips then my tp is 100pips.. keep constant eyes upon the trade and close the position soon as I think the profits are enough for me.

[fahad.aktar]

asymptomatic when i coarse any switch than oldest i investigate succeeding operation and resistance. i put my kibosh release come to these levels.I don't commonly post fuck benefit as I maintain incessant eyes upon the craft and snug the stance

[nobinnew]

I always set the SL and TP nearest to the support or resistance level and ofter alter it as the price moves on. If support and resistance levels are too high then i follow my money management rules. I am always trade with stoploss and the stoploss is about 30 pips and profit is 50 to 60 point.

[mdmakbol28]

When i mostly selection this river primarily right after considering the primary tastes. When i playing unitedly with 50 pips keep the deprivation quality unbounded pips regarding have proceeds. I actually tend not to typically space require revenue as i postponement lasting exteroception about any line and additionally in ungenerous proximity the stance speedily as i conceive that the gains really are an satisfactory become of for my position.