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

[monsterzz]

I use a stop loss and take profit in the ratio 1:5. If I use a target of 10 points then I use a stop loss 50 pips. Perhaps many people are targeting the stop loss and take profit are balanced, but I still prefer to use 1:5.

[sobjanta]

In my orientation Trading moldiness be through in field. By money management all trades can be finished safely , i use 40 to pips in stop loss confine and 15 to 30 pips in swear profit with a business lot situation. that gives me enough pips.

[latapata]

Stop loss is important factor than take profit i think so before losing a account in real forex life. i think profit one could gain its not a question just think first to alive the fund for next day trading. now i use stop loss near about 30 or 40 pips and tp in 50 pips.

[zihan6500]

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 think there is nothing like perfect stop loos.Because Forex trading market is trending market,and here anything could be happened.Sometimes prediction and analysis do not favor. so take profit may be used but having good margin i do not suggest you to use stop loss.

[Jack]

I learn from this site actually forex trading is really easy because many people already succes in fcorex trading, so if they can succes, we also can success like them because to can succes in forex trading is depend on our self in control greedy and emotion and how serious in learning forex trading.

My stop loss & take profit plan always changed with change in my main plan. Normally i set take profit by 30 to 50 pips and set stop loss by 15 to 35 pips, but in some situation i prefer to change in my TP and SL to save my self from uncertain market trend.

[Gurufx]

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I learn from this site actually forex trading is really easy because many people already succes in fcorex trading, so if they can succes, we also can success like them because to can succes in forex trading is depend on our self in control greedy and emotion and how serious in learning forex trading.

[turborx15]

Basically there have no straight rule or system, mostly it depends on your trading trends market situation. So that can be 10 pips to 50 pips if sometime if you can guess for long time trade that can be more than 100 pips.Thanks friends.

[kavita]

before invest in the forex analyse the market trend such money invest in it and after make the strategy which is in favour of my or not depends upon the market trend which help to save us from loss

[Chamika]

i think it depends on the strategy that you use, i use many strategies and trade. but mostly i set my stop loss and take profit as 50/50

[mmja2003]

I have fixed profit in stop loss and take profit tools. I use it as per market movements. Using Moving average and following support and resistance I use take profit and stop loss in my trading. In this regard the profit or loss may be 2 or 3 pips or more than 100 pips.