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

[Mr.Tushar]

when i do scalping i use 20 pips take profit and 10 pips stop loss .but when i trade in a long time frame i use 30 pips stop loss and 60 pips take profit ,it is better to me ,and i do not take over 9% risk on my capital , because at first i want to stay Forex then i want to earn money from Forex market .

[hiba]

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?

yes you are absolutely sure, you need to use the stop loss and take profit on every trade . I usually use a stop loss of 30 pips when am not sure from the market direction and set the take profit the same.

[solidperson]

this is fully depends on our equity and our strategy even our money management or risk management basis..there is no rules or way to set a fixed SL always ..i think yes we should us higher TP than SL always which can give us the winning percentage more and save our equity

[aimisfx]

I also agree with that so it's hard to make money forex, but not impossible or difficult it can be called the second-worst losing job.I use and profit with every time I trade. The level of support and resistance is very important to take advantage, but when it is set to halt the loss of a merchant, trader then you have to add some technical problems with support and resistance levels.

[Mungkin Tukang Scam]

I think it's good. I myself use no more than 25 to stop losses. and take profit of 30 to 100, it depends on the analysis and market circumstances. I sometimes do not make trades when the market is crashing, or when I'm confused. iru help me to reduce the risk.

[mr rk]

in trading time tp ,and sl most important thing s for that we have to make plan when we do trade
most of the trader follow it si as a 1:1 an1:2 amd 1:3 depend on it tradser.

[musa2012]

Stop loss is a risk management skill which should be followed by every trader. I prefer 25 to 30 pips for stop loss. and also 20 pips for take profit. It will prevent from further loss in Forex market.

[sazzad]

I think perfect stop loss and take profit for trading in the Forex market is depend on the account balance and lot size of the trade but normally according to the money management i take maximum 3 % risk on my every trade and by this process i am doing trade in this market.

[elking]

The way I put the stop loss order I adopted the strategy of the candle deviant and therefore I place my stop loss above the candle deviant indicator Bollinger and put a stop loss order is very well to keep the account and the capital

[bharat23]

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?

Brother i think you taking high risk in forex trading and 50pips as a take profit can take a lots of time to achieve this target and i don't think it will always work and for me my take profit is 10pips and my stop loss is 100pips so that i can make good profit.