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

[shahedtalukdar]

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 money management rules. i use 2:1 risk & reward ratio.

[gondols12]

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?

the 1:2 ratio may be good, but you need to pay attention to the condition of the market, when prices are moving with high volatility, usually after the stop loss moved the price moves in the open position with us, so we can only regret, so, my advice is to stop the loss we can use on the market that no high turbulence, which normally have high market volatility is a bad stop losses to be applied

[dondong76]

The system issues are always there as in some cases the system just hangs up as the trading system is not responding. Well I can say that use of mobile devices as a backup can be one option to tackle such situations.

true because every time a connection can be interrupted by serfer some things we have to prepare any backup android phone or tablet as a backup in case the

[sury]

The system issues are always there as in some cases the system just hangs up as the trading system is not responding. Well I can say that use of mobile devices as a backup can be one option to tackle such situations.

[kdainwa852]

I see that it is not fixed for me I firstly find a great area to put stop loss and then used a 1:3 risky reward to putted a TP or used some resistances support if a big support or resistance is near.It also depends on your trading styles !

[DiNaR]

dear sir
i thank the best stop los is 50 pips and somtimes 100 pips
tnx

[ajik]

Every trader have totally different completely different views regarding stop loss. A few trader set it in keeping with their risk and reward ratio and a few set in keeping with their strategy. The stop loss ought to be close to to aid and resistance level.

[danielcoughlin]

My partner and i deal with 50 pips halt loss and also endless pips regarding carry earnings. We are always purchase from oversold sector and also advertise from overbought. I usually established your SL and also TP nearby on the assist or maybe amount of resistance amount and also ofter adjust the idea because the cost progresses.

[nirob1]

properly as i open up any business in comparison with first i lookup future assistance and also resistance. i fit my personal stop damage near to most of these amounts.
in case assistance and also resistance amounts usually are too high then i comply with my personal funds supervision principles. i prefer 2: 1 chance & compensate percentage.
stop damage can be 200pips after that my personal tp can be 100pips..

[sibla]

gains 40 points u geet for how long. for one week, one day or one month. if we use a large capital, and lots of pretty. we only get 10 points I think enough. stop loss 25 seems less appropriate when we use a pair gbp-usd and eur usd .