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

[prince41]

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. like job...........

[chinku]

My business is generally deal having stop loss along with the stop loss is concerning 35 pips in addition to benefit is usually 50 to help 59 position. My business is generally invest in on oversold region in addition to advertise on overbought.

[yasinvai]

I am generally commerce using stop loss as well as stoploss is about 30 pips plus earnings is actually 50 to help you 55 factor. I am continually buy on oversold zoom along with sell during overbought.

[Alone Love]

This is a very easy and easy and simple way to get earn a lot of money from this trading and also take profit and stop loss is the very important think this trading..

[workforpips]

In my plan trading, i do not use fixed number for making decision of stop loss and take profit. i like to place them into swing high and swing low and always follow price action for these points.

[jabeen]

my plan for stop loss and take profit is that when i get 10 pips profit that time i set take profit 5 pips up and set stop loss 5 pips down and as market goes in favour i raise them and my trade mostly goes in profit.

[moody-boy]

Brilliant article s far indeed and also helpful for traders.I think if we manage here our money well and read forecast on the daily basis the we can win here very huge and very fast money.that's the way the perfect stop loss and take profit from forex.so we should always need to stay in touch with forex market news and trend to win here nice money......thanks for this allocation.

[rockenrolla]

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?

TP or take profit actually will become trader target, either Stop Loss,. and in my opinion, it's not a wise decision to fix both TP or SL depend on our measure.
I definitely use TP or SL with the target of TP or SL from market itself. mean, my TP or SL are dynamic.

[richard]

it is real.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 agree it's a good idea because 25 point difference is very good if you can maintain every day I installed 30 TP and 10 SL because my little capital and startups

[Sunilfx]

I usually take advantage of areas of support and resistance to determine the point of stop losses and take profit. If a support or resistance level breached, then I declare my analysis wrong