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

[nirob76]

When it comes to losing weight, there are a ton of options to choose from. Its like walking into a "weight loss buffet" filled with nothing but diet products. All of these options can only lead to wasted time, money, efforts, and last but not least - confusion.

[rubel]

Whatever your view of the forex markets, and however you trade them, you need to ensure your risk management strategies are in place. Most traders and investors develop their own trading rules to guide their investments, here are some of the more common, and sensible, ideas. If I am spread trading the forex markets I also plan my Stop Loss level to protect my downside. Likewise, I also plan my Limit Orders level to help lock in profits.

[sompodsorkar]

I am continue forex trading from many days. I always trade with stoploss and its about 30 pips and my profit is 50-60. So forex is the best business center I think. And I am very happy with my forex account. This is my opinion.

[md508]

I always deal with stop loss and stop loss is around 25 or pips profit is 50-60points, all of it, select only my after analysis of the trends, receives or is generally not place profit when staring at the shop and closed position after I think the benefits are enough for me.

[orko10]

stop lose should not be much. you do not need to take too much lose. you should give only 15 pips for stop lose. this is a very good plan for beginners .

[orko10]

stop lose in Forex trading is very important. you need to understand the fact,if you do not try this than you will find you account zero. you need to focus on this. stop lose should not be much than 15 pips. you can make a limit. you can take profit for 30 pips and stop lose 15 pips.

[shohan3]

I think forex is best job 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.thanks...................................

---------- Post added at 03:21 PM ---------- Previous post was at 03:14 PM ----------

I think forex is nice job.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.best job.........................

[poran]

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[tune]

I trade with 30 pips stop loss and unlimited pips of take profits.I mostly choose my oder only after analyzing the trends. I don't usually place take profit as I keep constant eyes upon the trade and close the position soon as

[mudassar004]

Statistics show that the initial success for new forex traders is disturbingly low. Over time, this trend tends to improve, but for many, it is too late. After posting a series of losses, many new traders will give-up, believing that forex trading is simply not for them. It does not have to be this wa