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

[garrysidhu]

i alwayse place my take profit between 30 to 40 pipc and stop lose with my investment if i have good investment then i place stop lose above 100pips ,other wise low stop lose

[poncoez]

You must understand how you'll find equities to trade and what are the right locations to look; how to refine your hot list of stocks; the price you are willing to pay for them; how to interpret market indicators and how to read technical stock market reports to help you in trading future equities .

[taylor.1]

I open any trade than first i search next support and resistance. i put my stop loss near to these levels.I mostly choose my order only after analyzing the trends. I trade with 50 pips stop loss and unlimited pips of take profits. 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.....

[heartlove]

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, so if i'm setup a 20pip loss, then my profit will be at 40 pips,usually use a stop loss of half the desired profit.

[yashfa]

According to my point of view, experience is the platform of any effective company that same also here. Here without experience is not possible here. Without experience here loss only. Implement what you discovered and research about Forex Trading, for this trial consideration is available like actual dealing consideration. Then you will get the concept of the market.

[doremi]

Well it should depend on what kind of trader you are, and you should set your stop loss according to your trading plan. If you are trading in the range the better to set stop loss outside the range instead of counting the pips. Even for other strategies you should not set your stop loss very great because this can lead to big losses if a single trade goes wrong.

[nurhidayah]

I do not use stop loss or take profit option because I trade gold just as you know very well gold is very risky so I watch my complete trading. I do not leave my computer running until the end of trading on the last trading profit or loss depends on my luck.

indeed in terms of the use of stop loss is sometimes for traders who are beginners is risky when the loss is not obtained in accordance with what is expected from each of the trading process through which the trader itself so that the rules and procedures which lived not in accordance with what is the best stage for trader

[Alamin1]

I normally only to analyze trends during the period. The judgment of the pips of trade order 50 and profit, unlimited. In general, if continuously taking profits are not seeded eyes trading, close of the young station as I believe that the surplus and that is enough for me. Even if I use the bots, I already put a stop loss that open and cut loss order if the total reaches the limit, I have my settings. I usually make a profit, ratio 1: 2 and defeats victories, so if I've created a loss of 20pip, and my eyes become profit of 40.

[heriedan]

I do not use stop loss or take profit option because I trade gold just as you know very well gold is very risky so I watch my complete trading. I do not leave my computer running until the end of trading on the last trading profit or loss depends on my luck.

[akriss]

trading if the market is trending i prefer a trailing stop to manage my profit factor, but if the market is ranging then i prefer my gut feeling to tell me where to put stops to get out of a wrong trade, mostly this is 10 to 30 pips at most...