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

[joker7diaa]

I have really happy to know that calculation of stop loss is effective for switch loss become profit , But as new traders I have lack of knowledge to calculation of stop loss , would you share with me the way of calculation of stop loss .

[tt20]

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[bnmvbh]

forex is a good work. I am always trade with stoploss and the stoploss is about 30 pips and profit is 50 to 60 point.I am always buy at ovesold zone and sell at overought.good luck.............................

[tonmoy500ad]

some traders have their won setting to line their stop loss and build it relevant with their calculation, and there square measure many ways for it, and that i meant that you just have already acknowledged regarding it, however before we have a tendency to place the foreign terrorist organization then we've got to place the order at the proper track then we have a tendency to don't got to hold floating minus too huge, and conjointly it's dangerous if foreign terrorist organization is usually touched by the market as a result of place the order at the incorrect place and time

[robing sing]

Before I form an tell in forex,I faculty psychotherapy the forex way prime.After that,I leave tidy orders with place sum and point there.Then I can leave the activity for a patch.

[abiealmayfie]

i take advantage of proper indicators like fib out to confirm stop loss and take profits other then i typically place stop loss of 30 and take profits of 60 as forex is volatility and doing higher analysis we will simply get to this level

[malhr655]

I dont fix the ratio of stop loss and profit until i have completely analyzed the market trends at that moment. It varies always . The perfect profit should base on risk reward ration which means that your profit should not be 250-300pips to 50-70 pips meaning that 250-300pips profits against 50-70pips loss.And this should base on 5R% risk management using only your 5% of your account in every trade.

[ummey]

I was not good for me or against me that I have to make quick decisions and then 25 pips.some time trend stoploss stoploss is 40 pips and take profits abroad market.I always, I'm using to make a small profit.

[tayia157]

before making the strategy you should study the support and resistence level of that product then u will be a good planner of stop lose and take profit strategy maker.

[hasanmia]

Even if I use bots, I already put stop-loss in all open positions and cut loss on my total capital now limits that I set. Although the rate of margin of 1: usually take 2 for losses and profits, then if i am installation 20pip loss, my profits to 40 pips.