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

[brian0116]

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.....

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[altafhassan]

Well, the owner, and depending on the type of your stop loss based on the business plan set. If you are in this area. instead of stop loss is located out of the beach although seed set for many other policy's stop loss now caused heavy damage if the handle is invalid.

[anyar]

thus indeed we can receive so double of what we are targeting. I think this is simple enough security to our account later.

[shoping]

i modify with 40 pips position deprival and unlimited pips of understand earnings i don't usually rectangle figure out advantage as I fastness unflagging sight upon the modify and finis the alignment soon as I assess the earnings are enough for me.

[gilaforex]

this is extremely little trading arrange my friend. how will you do this well ? i feel your stop loss will surely be hit 1st then your take profit. am i right my friend..............

[faridia]

i am trading forex since a long time and the perfect stop loss order and take profit is to put 55pips for the take profit and 47pips for the stop loss, this is the best plan that i found it and you can try it and share the result here

[SemaR]

whereas trading when the market is trending i like a trailing stop to actually manage my profit issue, other then when the market is ranging then i like my gut feeling to inform me where to store stops to actually take out of a wrong trade, mostly this is often 15 to actually 30 pips at most............

[ajit rawat]

well that is good strategy but i have a slight change in the plan i have 10 pips larger stop loss than take profit as sometimes stop loss is achieved much earlier than take profit thats why i set stop loss 10 pips larger than take profit as it can take more time reach the point in both sides..

[radean]

I think the perfect stop loss and take profit for trading on the Forex market depends on the account balance and the size of many trades but generally in accordance with the management of money I take the 3% maximum risk on each trade me and I do the trading in this market.

[rohmotmia]

They vary depending on the conditions of trade and use only to reap the benefits, to take losses and margin calls on several occasions. Why I want to improve even more in the future, I think, in order to better support the trade stop losses. resistance, if you define profit and stop loss at prices continue moving or touching this area.