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

[mastermindparin]

I use perfect stoploss and take profit on every trade. I use around 30-40 stoploss and take profit of 50 pips everytime. Some time if news is there i will also use bigger stoploss too and bigger take profit too. Sometime on scalping in range bound market i use smaller stoploss and smaller take profit.

[manikah]

I trade with 2:1 ratio,where if I loss 1 dollar then profit dollar.So by this means If I set stop loss 20 pips then my take profit target is 40 pips.My trading strategy also support this system in well.

[ali002]

I am always trade with stoploss and the stoploss is about 30 pips and profit is 50 to 60 point.I am always buy at ovesold zone and sell at overought. .... While for profit i'm usually take the 1:2 ratio for loss and profit, so if i'm setup a 20pip loss, then my profit will be at 40 pips. or 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. ...

[freepeng]

yes of course you can use the methods of hedging, where we have a profit if we had locked it so that if there is profit loss will not result in losses but also you will get a profit, although not much, if you open the correct position so you can shift the stop loss periodically. it is a very effective method to maintain profit, no loss. I used to often call to lock profit

[dedi irawanto]

a trader must be able to find the right point to open a position, so that he will be able to benefit by using the SL 25 pips and 50 pips TP. surely if stoploss is touched by price movements, it still benefit with one take profit.

[ahmed51]

Forex is a quick way for making money as i is the best online business and easy foe the traders to work here with out facing any problem here and it is a most profitable business for us so we can work here and can make large amount of money here by our good working

[shamiul1]

Forex is a great job. I am always trade with stop loss and the stop loss is about 30 pips and profit is 50 to 60 point.I am always buy at oversold zone and sell at overbought.

[ishvara]

I use the take profit and stop loss in all my trades and i also use it with the risk reward ratio. All the take profits that i could ever use in forex should be 2 times or 3 times of the stop loss number of pips we set

[Soukhin]

I Like my part, but only after the analysis of business trends stop loss of 50 pips and the winner is usually limited, they are not in the interests of keeping their eyes. I think that the results of the fixed as quickly as on and off for trade.

[mirza_faizi]

I already put the stop loss on each open position and a loss whether to cut total capital reaches my limit i settings. While the profit I usually take the ratio of 1:2 for the loss and gain, so if I setup a 20pip loss, the profits will be in my 40 pips.