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

[Uhuru]

There are so many ways to which we are able to follow and define the good of every market, there is a chance that when you make profit we have to really release the good market a strategy to which we are able to work with it its a greater market proffetion, its what we should know and understand as traders

[Bigshow]

Stop loss har koi aapne trading kay hisaab se rakhta hai jiska jitna capital amount hoga woh stop loss utna hi set kerta hai aur stoploss se hamara capital amount hamesha safety mein rehta hai aur forex trading mein kabhi bi give up nahi kerna chahyee hamesha agay ki soncho chahyee loss kyun na ho

[Zain Ahmed]

trading with stop loss is very important and that is proper way to safe our trading account from heavy losses, if you want to make good plan then you need to practice more and more to get experience in use stop loss and take profit.

[aceng]

A trader must be prepared to find the ideal goal to open a position, so he will be ready to profit by using SL 25 pips and 50 pips TP. Obviously if the stoploss is touched by a decent move, it's still profitable along with one take profit.

[tikukur]

I do not have any targets in this case and with targets in trading we have to trade excessively which is the main reason of loss and this is better if we are satisfied with small profits and enjoy with it because it is better. So much risk in trading ..

[letti]

I do not use stop loss or take profit options because I trade gold just because you know very good gold is so risky that I see my full trade. I did not leave my computer until the end of the trading run at the end of trading losses or profits that depend on my luck.

[frisfx]

If the market trend is clear then the traders can use him only and over 20 pips for take profit and stop loss using stop loss of 50 pips if I am not sure of the market direction and arrange take Lucky

[barokah]

I mostly choose others only after analyzing the trends. I trade with 50 pips stop loss and unlimited pips take profit. I usually do not take advantage because I keep watch over trades and close positions soon because I think the profits are enough for me.

[genefx]

Well it should depend on your trader type, and you should set your stop loss according to your trading plan. If you trade in a better range to set stop loss out of range than counting it in pips. Even for other strategies you do not have to set a huge stop loss as this can result in huge losses if one wrong trade occurs.

[adalah]

Take advantage of the advantages Forex offers to us for our good. So we need to understand and make the most of this choice. Thus it is strong to manage our emotions while trading. Although Forex is the most volatile market so it is difficult to manage our greed and emotions. Stop loss helps us to manage our emotions and greed, while trading.