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

  1. #1024
    Banned FOREX MAN is an unknown quantity at this point FOREX MAN's Avatar
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    the worst i do when trade is not putting a stop loss posdtion into trade in pasa same time i am using large margin the trade

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member newjobatlast is an unknown quantity at this point newjobatlast's Avatar
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    Quote Originally Posted by Jazpa View Post
    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?

    My stop loss has alot to do with my capital. if i have let's say : $1,000, i am suppose to take nothing higher than 10% in all trades and my stop loss must protect this 10% from blowing over. so it all has more to do with my capital.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned La Libert is an unknown quantity at this point La Libert's Avatar
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    Hello I only have to analyze trends in, select my oder. 50 PIP PIP stop loss and take profit and unlimited business. the situation, and normally should take advantage I think I very soon on a business for profit.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned FOREX MAN is an unknown quantity at this point FOREX MAN's Avatar
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    i also had this problem befor but i realised that i need to work on my emotions for me to stick to my plans and tarde only when i saw opportunites not just to trade any way we keep learning every day

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned zahra is an unknown quantity at this point zahra's Avatar
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    Every successful Forex traders are set up their Take profit and Stop loss point according to, their trading strategy. Your policy is also good but, I always set 15 pips as my Take profit and 50 pips for my Stop loss. Because, price is always ups and down in the Forex market. I am also making successful trades in Forex by this policy.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by nbh75 View Post
    Since I short-term trader i set my SL and TP nearby. I put them in the ratio of 1:2, even if they are my trade Well I am in my appointment SL 15 points and TP 30 points in the trade, and if my not showing good results I set in my SL 10 points and 20 TP points.

    Nice, i like this too. if take profit is 20 pips, then stop loss is 10 pips, but in this kind of trade, you must be very sure of the price you're buying or selling so you don't enter the market at the wrong time which 10 pips stop loss won't protect.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Trusted Member ObaFX is on a distinguished road ObaFX's Avatar
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    strategy for placing take profit and stop loss in the market vary depending on individual's trading strategy but the most commonly used pattern is using support and resistance to determine both the take profit and stop loss levels.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member sujarwo is an unknown quantity at this point sujarwo's Avatar
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    Quote Originally Posted by Jazpa View Post
    What is your perfect stop loss plan and take profit plan while trading?
    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?
    I think you use trading patterns have been very good because I also use a pattern like that you use, that puts SL lower than TP because I want a ratio of greater profits and possible losses will be small, but I use TF H1 and in a day I just targeting 10 pips to 15 pips TP and SL for her, and I was also successful in this regard.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by Jazpa View Post
    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?
    I think all of it should we use so that we can get the security in every transaction we do,
    because if I do not use this method then it could be the price changes and I will lose in the end because I do not use stop loss and take profit

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by Jazpa View Post
    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?

    How long have you been doing this and how consistent can you say you have been doing this? i would really need to know if you have had any consistency for like 3 months, if you can answer this, i can get you investors who can give you $50,000 to trade.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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