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

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    Quote Originally Posted by alvabra2010 View Post
    Since i am a short term trader i set my SL and TP nearby. I set them in the ratio of 1:2, so if my trade is well i set my SL at 15 pips and TP at 30 pips and if my trade isn't showing good results i set my SL at 10 pips and TP at 20 pips.
    if you are scalping trader than your tp and sl is good because its the target of scalper trader.
    but if you are long term trader then its not good sl and tp. in long term trading sl and tp is select on base our trading system or analyses.
    according to my money management and trading system my stop loss is 300pips and tp is not fixed. i use tp on base the my trading system. some time tp is fibos 38.2 level or some time its near to support and resistance level.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member Anand is on a distinguished road Anand's Avatar
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    I am always use stoploss in forex market.I am take profit at 40 pips and stoploss 25 pips.some time trend were not good for me or against me then I am taking fast decision and take small profit.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Junior Member lovereurusd is an unknown quantity at this point lovereurusd's Avatar
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    Quote Originally Posted by Jazpa View Post
    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?
    am slect 30 pips as take profit and 20 pips as a stop loss in this way you make profit but all ways this strategy do not work properly because this depend on your market watch power

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    gains 50 points you get for how long. for one week, one day or one month. if we use a large capital, and lots of pretty. we only get 10 points I think enough. stop loss 25 seems less appropriate when we use a pair gbp-usd and eur usd.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member alvabra2010 is on a distinguished road alvabra2010's Avatar
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    Since i am a short term trader i set my SL and TP nearby. I set them in the ratio of 1:2, so if my trade is well i set my SL at 15 pips and TP at 30 pips and if my trade isn't showing good results i set my SL at 10 pips and TP at 20 pips.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by sfc79 View Post
    although i'm using robots, 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.
    as per my knowledge we can not set our stop loss value in EA trade.
    EA trade in auto he set sl and tp its self if we are going to change then its can accept that change if EA is runing.
    i have only one testing of EA. my EA can not accept manual changes like change sl and tp.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by Jazpa View Post
    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?
    nahi mere khiyal main app ko 50 pips pe stop loss rakna chiye or 25 pe take profit rakhna chiye kioun k baz dafa trade open karne se market kafi neechey cali jati ha or baz daf near point k qreeb ja kar loss main chali jati ha es liye take profit kam rakhu

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by Jazpa View Post
    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 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.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    opttsajib (2012-09-27)

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    I am always trade with stoploss and the stoploss is about 30 pips and profit is 50 to 60 point.I am always buy at ovesold zone and sell at overought.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  11. The Following User Says Thank You to Anand For This Useful Post:

    forexxxx (2016-01-28)

  12. #5
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    well when i open any trade than first i search next support and resistance. i put my stop loss near to these levels.
    if support and resistance levels are too high then i follow my money management rules. i use 2:1 risk & reward ratio.
    stop loss is 200pips then my tp is 100pips..

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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