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

[rezldy]

I did not using any stop loss on my trading account, but for now I using the averaging order on my trading account If I facing the loss, so on each mistake order I can change it be profit or at least I got BEP

[manish]

I consider some who do not use the scalping sl because its movement is not too far off and if you were wearing sl definitely great interval can be tp 5 pips and 50 pips sl, to desist tercentenary sl if settled too finish

[samim66]

A lot of people get nervous once you start talking about options. After all, they're not your standard investment. You really have to read between the lines and have a keen eye for short-term trends... Sometimes, those trends only last for a few hours. But, with all that said, with

[truongphat]

I always settle for take profit as 50 pips and stop loss at 25 pips. So far I am successful in making good trades. What are your orders?

I do not have my trading strategy as you never use 25 pips stop loss and 50 pips profits as too risky and I do not believe you are successful, I often use 30 pips stop loss and 40-50 pips take profit.

[dondony]

I myself would like to suggest to use a stoploss of 10 pips and a profit target of 20 pips. because, if the tone in the first round at a disadvantage, with the use of the same lot in the second round, if the position is to touch the target, then you can offset initial defeat

[kashifkhan]

Dear i am newbie I am trading in demo account I am also learning to set stop loss and take profit order I set stop loss order near some pips and take profit order a little far away pips in demo Perhaps i do wrong

[samim66]

A lot of people get nervous once you start talking about options. After all, they're not your standard investment. You really have to read between the lines and have a keen eye for short-term trends... Sometimes, those trends only last for a few hours. But, with all that said, with ..

[nazeer]

25 pips is a bit of very tight stop loss. Price mostly moves in long ranges than that, but you are lucky if you are getting good results from it. I always set the SL and TP nearest to the support or resistance level and ofter alter it as the price moves on.

[dewik79]

I always settle for take profit as 50 pips and stop loss at 25 pips. So far I am successful in making good trades. What are your orders?

Why stoploss is too close? In my opinion, it's reversed. That should more closely is TP. So you set 25pips TP and SL 50. If you set the SL too close to the current price, it is quite risky, when there is a sudden trend.

[andreasfx]

You should perceive how you'll realize equities to actually trade and just what would be the right locations to actually look how to actually refine your hot list of stocks the price you can willing to actually pay to the confident people how to actually interpret market indicators and just how to actually scan technical stock market reports to actually make it easier to in trading future equities.