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

[aghatech]

which is one of the keys to success in the fores market and number two lesson we should consider if the number one is learn to control fear and greed knowledge is essential in this business. and you can learn more

[mohammed usama]

I mostly choose my oder only after analyzing the trends. I trade with 50 pips stop loss and unlimited pips of take profits. I don't usually place take profit as I keep constant eyes upon the trade and close the position soon as I think the profits are enough for me.

[feiris]

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?

yeah, me too. i take profit 2 times than stop loss. but, if i take long term trading, i won't put SL, but usually i will close my position in certain times such as after 1 day or 3 days whatever my position, wheter is it in the profit or loss, i will accept it. well, that's my risk management.

[hossam_eldin]

I usually take 30 pips profit and 10 pips stop loss

[ishvara]

Now you try to convince a big bank dealer to take a huge position one minute before non-farm payrolls release. He will send you packing. So the market makers couldn’t off-set their risk and thus had to carry the risk of huge and highly leveraged positions themselves. One bit of bad luck and a whole month’s profits could be wiped out.

I do not even understand what you are talking about here about big banks. I know that there is no way that anyone could be able to make the forex markets to move in one direction that would suit a trader.

[qchajlpa]

I believe that In take profit 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 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 !!

[tasnuva]

25 pips is a bit of really constricting prevent disadvantage. Terms mostly moves in bimestrial ranges than that, but you are serendipitous if you are getting better results from it. I e'er set the SL and TP near to the reinforcement or status destruct and often falsify it as the cost moves on.

[rashedul]

although i am using robots, i have already put the stoppage disadvantage in apiece country occupation and a cut death visit if my aggregate cap is motility the demarcation that i setups. Piece for advantage i am ordinarily abide the 1:2 ratio for red and realize, so if i am setup a 20pip deprivation, then my profit faculty be at 40 pips.

[lasker]

To succeed on this journey you cannot afford to lose too much. Manage risk and just accept what you get and enjoy the ride. This way you will trade more freely and creatively. Don't live your life in denial.

[alekine]

Now you try to convince a big bank dealer to take a huge position one minute before non-farm payrolls release. He will send you packing. So the market makers couldn�t off-set their risk and thus had to carry the risk of huge and highly leveraged positions themselves. One bit of bad luck and a whole month�s profits could be wiped out.