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

  1. #84
    Senior Member amit will become famous soon enough amit will become famous soon enough amit's Avatar
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    it's true my friend. Stop loss and take profit should always based on risk reward ratio. as for myself, i usually use 1:2 comparison, so each time i targeting 20 pips, then my SL will be at 10 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.


  2. #83
    Member siddesh is just really nice siddesh is just really nice siddesh is just really nice siddesh is just really nice siddesh is just really nice siddesh's Avatar
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    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.

    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.


  3. #82
    Senior Member jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai is a glorious beacon of light jai's Avatar
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    I think if your take profit hit continually then you dont need to change 50 ****.
    You strategy is vary good if your tp hit continually.
    But I set my tp 10 ****. some time it hit some time no

    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.


  4. #81
    Member niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex is a splendid one to behold niteshforex's Avatar
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    may to apna stop loss nearest support ye resistance points say kuch pips kay faaslay per rakhta hoon or isi tarah take profit bhi. phir agar may screen per mojood hoon to apnay stop loss ko or take profit ko next point per bhi set ker dia kerta hoon.

    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.


  5. #80
    Senior Member newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry is a splendid one to behold newentry's Avatar
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    i can not make it as my permanent point to keep stop loss , because i have to know the market condition before i have to put it and sometimes i do not use stop loss too, i just used hedging or cut loss..
    but to put stop loss need good ability then we can make it relevant for balance..
    do the best we can

  6. #79
    Senior Member vikas will become famous soon enough vikas will become famous soon enough vikas's Avatar
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    Main take profit or stop loss options use nahi karta because main long term trade nahi karta main short term trade per yaqeen karta hoon or myri kisi trade ka profit jysy hi down hota hai main trade ko foran close kar dyta hoon is sy pehly keh woh loss main chali jay.

    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.


  7. #78
    Banned rajabd is on a distinguished road rajabd's Avatar
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    I seem from my trading career
    For 15 minutes trade stop loss 30pips take profit 10 pips
    For 30 minutes trade stop loss 50pips take profit 15 pips
    For H1 trade stop loss 70-80pips take profit20-25 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.


  8. #77
    Senior Member arihant has a spectacular aura about arihant has a spectacular aura about arihant's Avatar
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    for scalping there is no perfect stop loss.infact its not advisable to put stop loss for scalping.
    because scalping has very low SL value like 10 or 5 pips which can get triggered easily.

    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.


  9. #76
    Senior Member kitt is on a distinguished road kitt's Avatar
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    Quote Originally Posted by blackprince4u View Post
    High impact news me market 100-200 pips move kar jati hy. Is liay sl hamesha utna rakho jitna loss aford kar sakty ho. or tp hamesha itna rakho jo easily mil jaye. greed me aksar account blow bhi ho jata hy.
    100pip and 200 pip is a big distance you may wait for hit the target or hit stop loss for some times 4 days to close the trade this will take your time you can chose little distance pip and profit from this volatile movement.

    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.


  10. #75
    Member wazwaz is on a distinguished road wazwaz's Avatar
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    Quote Originally Posted by newentry View Post
    i seldom used stop loss, i just used take profit for my trading , and all can be happen with automatically and it means that i have to see the real condition of the market and then i can adjust my setting and make it relevant..
    and besides it if iwant to put stop loss, i have to use the same way with using TP...cut loss is good too and also hedging can lock some losing and we still have chances to make losing become profit
    Always better to have a stop loss is less than taking the profit example:
    We put 20 points and put a stop loss 40 pips take profit I work is always such a plan and I hope to benefit from step note to divide goals into two or more and be prosecuted to halt the loss of profits

    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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