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

[naso]

my dear in the forex trading business I do prefer to use 200 pips stop loss and 10 pips take profit in forex trading.Stop loss is used to reduce our loss and take profit saves our time.So,these are important tools.

[sias]

well dear along with trading forex I surely believe determine our take profit and stop loss perfectly is very important. It will determine our profit, whether we can maximize our profit and minimize our loss or not. I learn my chart and history day to know the perfect stop loss and take profit based on my trading strategy, and my trading plan to maximize my profit

[galy]

absolutely my dear trading in this forex business i always make about 50 pips stop loss and endless pips of take earnings. I don't usually position take benefit as I keep continuous face upon the business and near the position soon as I think the earnings are enough for me. i use maximum 2% risk from my capital.

[naso]

actually when trading in this forex business stop loss placement is very much important while trading in the forex market as you will follow the money management by doing that and you have to make it habit to follow it so that you can easily gain consistant profits from your trading

[javedahmad]

G han janab ap ne bilkul sahi sawal kya hai since i am short time traderi 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 ay 15 pips and TP at 30 pips and if my trade is not showing good result

---------- Post added at 08:52 AM ---------- Previous post was at 08:15 AM ----------

Yes sr ap ne bilkul sahi sawal kia hai dekhen sr ap ne ager koi business karna hai to sab se pahle ap ko us k lye ek perfect planing karna hogi jaisa ke ap us business ki ek limilt set kar len aur zyada greed na karen aur us limit ke zarye trade kren

[abdala123]

ny trade than first i search next support and resistance. i put my stop loss near to these levels.
if support and resi er 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

[fxair]

while trading if the market is trending i prefer a trailing stop to manage my profit factor, but if the market is ranging then i prefer my gut feeling to tell me where to put stops to get out of a wrong trade, mostly this is 15 to 30 pips at most

---------- Post added at 03:34 AM ---------- Previous post was at 12:47 AM ----------

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

[galy]

my dear when trading forex I actually think Forex is risky but profitable. 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.

[sias]

dear as in my trading experience I like to use dynamic stop loss and take profit order, i mean sometimes my stop loss is only 20 pips, sometimes 40 pips or more, depend on the situation in the market, and it is the same with my take profit. But i like to use the same risk in every trade, 2% risk per trade. Then i wll determine my stop loss and take profit based on my risk

[siuman]

To my knowledge we can not determine the value of our stop loss in trade EA closest to the support or resistance. The price moves mostly in far distances than that, but you're lucky if you get good results from it. The level and change it ofter order price move on. In cars is a proven profit and loss of self if we want to change and then to not be to accept this change if EA is runing.A can not accept such a handy change SL Wen changes I always set