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

[zahangir14]

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......

[mahbubur]

i believe that 50 pips of sl and 90 pips of tp for session wise trading or 15 pips of sl for 7-15 pips of TP will be perfect for scalpers .as i am a scalper so i tried to maintain this case for me .i always set the tp for 15 piips but TP varies from 2-15 time to time depending on the market situation

[rose25]

forex is a good job. 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 job........................................

[JuraganGrowol]

Actually since starting trading i have never preferred to use stop loss as in my view if you have a good margin than you should not really worry about putting put loss unless you open too many orders which is of course not recommended.

[cpalace]

forex is good job.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.........................

[IjoProfit]

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?

because if we do not use stop loss then we could have suffered a fatal defeat so that we could lose some or all of our funds in our account, but if we want to use SL then we can restrict our defeat

[rab00]

welcome to forex. 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.nice job.....................................

[eng.adham]

for me , i usually set my stop loss and target profit limits according to support and resistance lines which helps me to predict the future behavior of the price int his market .

[kushtiafx00]

forex is a good job.yar wese main ne kabhi scalping nahi ki par es ka kuch experince he ha app take profit ko 50 pips pe rakhu to stop loss 75 par kioun k loss k imkan kam se kamm houn 50 point market up to sakti ha par 75 pips ek dam se mushkil ha.thanks......................................... .

---------- Post added at 11:58 AM ---------- Previous post was at 11:51 AM ----------

w3elcome to foreex.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.thanks...............................

[plus00]

Forex is a good currency business.although i'm using robots, I've already put the stop loss in each open position and a cut loss order if my total capital is reaching the limit that i setups. 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.Good luck......................