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

[shousha]

Learning from loosing money in forex trading is not the only way.A forex trader looses money when he makes a mistake in trading.If he identifies the mistake and solves it he can avoid loss in his next trades.He should consider this loss as the cost of learning in the live trading and this experience will help him too much.

[bonyonk]

in my strategy, I did not using ny stop loss on my trading account, I using take profit 30 pips from the place I made the order, and use the good money mangement which can make me make the averaging order more than 7 times, to make profit on my trading account

[manish]

only most profession trader can put a perfect stop loss or take profit...i always put a sl and tp on the base of risk take and available equity ..nd this is the my strategy for sl and tp and i hv succeed in it

[supertimur]

yess. that way must be awarded soon I believe that In take profit and the 10 take profit.And when I trades with four hour times frames I Generally give stop loss 10 pips and e take profit 30 pips !! and stop loss, I follow some strategy. At first, I haves to notices that the times frames.And If the times frames is a fifteen minutes and I generally the 5 stop loss

[prince45]

I thank I am always trade with stoploss and the stoploss is about 30 pips and profit is 50 to 60 point.I am always buy at ovesold zone and sell at overought.best job....

[sroooooor60]

News trading is very fruitful when a forex trader knows how to use it correctly. It brings a lot of pips in a short time because it causes a lot of volatility in the forex currency exchange market short time in basis.

[shtrsh]

I think it is totally depend on the trader how much pips he use stop loss plan and take profit plan while trading but my opinion and my analysis i use all the time only 85 pips stop loss and 25 pips take profit because i see it is the perfect stop loss and take profit plan for me.

[Farooq787]

Stop Loss 1:2 aur 1:3 ki ratio say aam tore per rakha jata hay ic kay matlab ye hay kay 1% loss and 2% profit ya 3% profit ya risk 1% aur reward 2% y 3%, ab ap jo bhi trade lagaen ici hisab say uska stop loss aur take profit rakh sectay hain laikin bohat say traders apni marzi say in ko use kertay hain koi kam rakhta hay aur koi ziada ye apni apni strategy kay hisab say hota hay.

[heartlove]

Stop lose and take profit is very useful for trader. I use stop lose and take profit every time when i trade.
Support and resistance level is very important level for take profit but when trader set stop lose
then trader should add few pips with support and resistance level.

[nextechnologybd01]

Actually ups and down is the law of soul nature .Forex trading is very generously proportioned and judgmental on behalf of this work out lone ought to say a vast experience of it otherwise you can fall into loss. So lone trade ought to fail but you ought to not loss middle and attempt to the subsequently trade.