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

[snipersale]

While trading if the market is trending i prefer a trailing stop to manage My profit factor , But if the Market is ranging then i prefer my gut feeling to tell me where to put stops to get out of a wrong trade , mostly this is 15 to 30 pips at most .

[dareking]

I'm always use stoploss in frx market.I am take profit at 40 pips and stoploss 25 pips.some time trend were not good foor me or against me then I'm taking fast decision and take small profit .

bhai kya aap 40 pips take profit aur 25 pips stop loss, apni strategy ke hisaab se lagate hai, ya fir sirf order aise hi order place karke tp aur sl daal dete hai, bhai agar aap apni strategy ke hisaab se lagate hai, to sahi hai, nahi to aise hi stop loss aur take profit nahi lagya jata hai.

[dghethbe]

I'm always use stoploss in frx market.I am take profit at 40 pips and stoploss 25 pips.some time trend were not good foor me or against me then I'm taking fast decision and take small profit .

[shafqattrader]

main yahan naya hon mujay abi tak loss factor kam karnay ka pata nahi hay lekin ahista ahista try karon ga is main prepare honay ki thanda dimag aur
inteligence buhat karamad hosakti hay Forex tradin main

[Jack]

Stop loss aur take profit do poing kishi bhi trader ke liye important hote hai aur ishi liye mera manna hai ki trader ko in dono ke liye jo bhi trading startegy pasand ki ho ushi hisab se in ko pasand karna chahiye kyo ki baad me aik galti se bhi loss ho sakta hai.

[fxultra]

You settling for take profits and stop losses in 50 and 25 pips depends on your own personal decision towards that,because there are something that you must also put into considerations and that is the lots size and leverage that is being used by you.

[rockenrolla]

In forex market stop loss and take profit we use Because to get more profit or safe our account.Stop loss is use for that As if we can fall into less loss,if we analysis and after that market up or down at this point for less loss we use that.Take profit use when we open new trade and now we are not available not now,But we understood that market returned on this point.Then we set up take profit for more profit.

yes, those are the describing of Take Profit and Stop Loss. So, what is your Take Profit and Stop Loss set up? why didn't you write them down here? cos actually, we are talking about those set up and not the definition.
So, please tell us your setup, may be it would become useful for us.

[sobuj0191888]

perfect stop loss is depend on the timing and more things which is as arch same to my things as these need, I trade with 50 pips stop loss and unlimited pips of take profits. I don't usually place take profit as I keep constant eyes upon the trade.

[jahurfxcc]

be realy carefull. guys. bro i think we need good technical analysis skills because this business is risky so we need to be a expert for get success in this market without this we can lost our money there. for set take profit and stop loss and we also need fundamental news for doing forex market

[alflah222]

prixe mostly moves in long ranges then that , but you are licky if you are geting good results form it . i always set the sl and tp nearest to the support of resistance level and of ten alter it as the price moves on.