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.