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

[ali44]

Forex is a money making business.I mostly choose my doer only after analyzing the trends. 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 and close the position soon as I think the profits are enough for me. think..........................

[rajibforex1]

twenty-five pieces are often rather small stopped completely. Sale prices are usually very long periods than this, however, you have a chance, if you are getting great results with it. I always collection your local SL and TP support or even the amount of resistance and also offers that change because the price moves.

[mhchomsi]

The perfect stop loss and take profit plans in forex if you have small capital because you can lose your whole investment in just few minutes so always put stop loss to minimize your risk.

I agree with you to say that using the stop loss and take profit is very important in order minimize the losses that will be accepted. in my opinion composition in placing stop loss and take profit is 2:1 meaning eg stop loss at 20 points then I put take profit is 10 points maximum.

[Younas]

me apni trade ka stop lose is tareeqe se lagata ho k agar trade bari ho to me stop lose 100 pip k pass lagata ho or agar trade choti ho to me stop lose nahi lagata wo khud automatically kuch time k bad benifit me chali jati he.

[affan676]

Forex is a good money making business.25 pips is a bit of very tight stop loss. Price mostly moves in long ranges than that, but you are lucky if you are getting good results from it. I always set the SL and TP nearest to the support or resistance level and ofter alter it as the price moves on.good luck.............................................. ..

[ammar87]

my experience is that i always trade manually and em a very risky person because in my view you can not become succeesful until or unless you are not in a position to tak risk in your life. so i always operat manually.

[taka45]

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.
stop loss is 200pips then my tp is 100pips ..ThankS

[soneya]

20 pips is usually a little incredibly snug halt burning. Selling price typically actions with very long varies in comparison with of which, and you usually are happy for anyone who is having achievement from using it. Which I fixed this SL in addition to TP adjacent towards service or maybe amount of resistance levels in addition to after transform the item for the reason that selling price progresses.

[brodie563]

It is less likely that the strike a lot of events for the new landslide. The prefect victory would be really floor you installed the application integration server threat supportive, so your income is 200-220 points you 45-60 points and 250-300 pips gain of 45 to 60 points for the burn. And this really down 5R% threat management by using only 5% of your own bank account in atlanta divorce lawyers in the purchase and sale.

[zahidjay01]

While I take advantage of software, I've truly acquired terminate loss together with every single throw open together with slow up the loss, overall invest in cash limit, considering I've truly acquired our pursue. Even so they achieve many people feel, is frequently inside the amount of only one: simply 2 or perhaps less, thus simply deploy loosing 20pip, thus our cash flow regularly be forty five information.