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

[faysal.nitu]

no dont do like this......... before i give a trade i do first news analysis..... then if i can predict the market movement then i will give a trade then if i have any other work then i will give a stop loss and take profit based on my news analysis and my prediction...................

[sweety sania]

Every successful Forex traders are set up their Take profit and Stop loss point according to, their trading strategy. Your policy is also good but, I always set 15 pips as my Take profit and 50 pips for my Stop loss. Because, price is always ups and down in the Forex market. I am also making successful trades in Forex by this policy.

[anuskhan]

mere khiyal meen to app ko 50 pips pe stop loss rakna chahiye aur 25 pe take profit rakhna chahiye kiun keh aksar auqat trade open karne se market kafi neechey chali jati hai aurkabhi near point ke qreeb ja kar loss meen chali jati hai es liye take profit kam rakhna chahiy

[subhan4]

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.....

[toukir]

I mostly choose my oder only after analyzing the trends. I trade with 50 pips stop loss and unlimited pips of take profits. I am always trade with stoploss and the stoploss is about 30 pips and profit is 50 to 60 point.............................

[malic]

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

mjy to lagat hy k forex main jab ap trade karty ho jitna ap k pass capital hota hy us hesaab sy phr pips set hoty han aur main to kahon ga ak jab b trade karo to plan k shat he karo phr profit acha mily ga

[EMAAN]

bhai mujay long time trading pasand hay.is liya main apna take profit 200 pip or stop loss 400 pip rakhta ho.pahlay main short time trading kerta tha.mager us main mujay har bar loss hi howa hay.jab say main nay long time trading start ki hay.is main profit to hota hi hay.mager thora late hota hay.mager profit acha ho jata hay.

[faysal.nitu]

before i give any trade i do first news analysis then i will go for any trade..... so from my news analysis i can predict the market movement..... and from that i can give a trade with perfect stop loss and take profit..............

[nomi101]

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[caratfx]

Well it ought to depend on what type of trader you are, and you ought to set your cease loss according to your trade plan. In the event you trade in a range better to set cease loss outside the range in lieu of counting it in pips. Even for other strategies you ought to not set a large cease loss as this may result in to large losses if a single trade goes wrong.