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

  1. #934
    Senior Member zahangir11 is an unknown quantity at this point zahangir11's Avatar
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    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........

    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 abdellatif2013 is an unknown quantity at this point abdellatif2013's Avatar
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    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, 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.

    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.


  3. #932
    Banned think00 is an unknown quantity at this point think00's Avatar
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    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 a job.

    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 Rana Bai is an unknown quantity at this point Rana Bai's Avatar
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    I usually choose my periods only to analyze trends. Judgment of PIP oil, trade for 50 and profit, unlimited. In General, if continuously gains do not seed the eye trade, Close by the young station which, I believe, that the surplus and that is enough for me.

    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 shujon is an unknown quantity at this point shujon's Avatar
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    I'm generally industry having stop loss as well as the stop loss is about 25 pips and benefit can be 50 to 58 level. I'm generally purchase on ovesold sector and promote on overought. EA industry inside vehicle this individual established sl and tp their home when we're going to change next their can certainly agree to which change when EA can be running.
    i have just one examining involving EA. my EA can't agree to information modifications just like change sl and tp.

    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 mr xodox is on a distinguished road mr xodox's Avatar
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    Quote Originally Posted by kushtia00 View Post
    forex is a nice 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.thank you............................................... .....
    SL and TP setting is very important we consider the ability and also to be willing us to not be a burden later once it gets to that point. so really should be wise.

    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 adnanhm will become famous soon enough adnanhm's Avatar
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    i place my target from average daily range level almost 90% of its daily range and stop loss from below of last swing......... that is my way of trading and it works for me very fine and i am very good with that........

    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 ken arok is on a distinguished road ken arok's Avatar
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    I always use a stop loss and take profit, I put the SL and TP based support resistance. I use a simple trading system, so do not get confused. trading systems sometimes give false signals. because there is no perfect trading system

    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.


  9. #926
    Banned green1 is an unknown quantity at this point green1's Avatar
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    We'll talk more about stop-loss and take-profit instructions later. ... to fall into the I have to do something trap sometimes the best plan is to do nothing. ... When you place a market order and leave it open that is, enter a trade at the market ...

    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.


  10. #925
    Senior Member passion is an unknown quantity at this point passion's Avatar
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    when i start any business than first i look for next assistance and level of resistance. i put my stop-loss near to these stages.if assistance and level of resistance stages are too great then i adhere to my control guidelines. i use 2:1 danger & compensate rate.stop reduction is 200pips then my tp is 100pips..

    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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