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

[amirallam85]

well when i open any trade than first i search next support and resistance i put my stop loss near to these levels.
if support and resistance levels are high then i follow my money management rules. i use 2:1 risk & reward ratio.
stop loss 200pips then my is 100pips..

[hapy forex]

well it has to rely on what a sort of investor you can, and you ought to set your stop-loss according out to your business strategy. if you do in fact business because we are part of a selection higher out to set stop-loss only outside the selection in contrast to keeping track of them available in pips. even for alternative techniques you shouldn't set a really big stop-loss as this could outcome into big failures if perhaps one business goes incorrect.

[liverpool]

20 Pips of very tight position of Stop loss. I think 10 pips are better to make a stop loss at any trade...i trade with big volumes i usually don't set a SL or TP i usually try to manually close orders when i get 5-10 PIPs profit.

[mujnah]

i will be able to create a reliable trading set up out to analysis the forex market worth and that i make use of it properly. thus i will stop loss and aqcuire profit around my trading business in forex.

[aheartmy]

I decide for setting stop loss in scalping trading also.it completely depends on our method and analysis way ..if our strategy works for 50 i set stop loss high and low of last three candle.

[duchvoet]

I have always prefer put stop loss and take profits from my analysis for every trade.Every trader should do it as it minimize our risk on every order and we can recover from it...hamesha 35 pips take profits aur 15 pips stop loss place karta hun.

[sajida]

yes the planning should be as the if profit 50 pips and loss 25 pips then the strategy will be best i think it is the perfect stoploss plan and taking profit plan.

[water007]

I choose my mostly older only after the analysis of trends. I trade with 50 pips stop loss and unlimited pips profits. Don't place usually take profit, as I keep constant eyes of trade and closed the position soon, as I think the gains are enough for me.

[defa305]

mear khal me bahi pip loss ko ap 30 per rkha aur profit ko 20 per rahk kar drading kary wo is lay k morket zadz loss ke terf jat ha so ap apny exprocs sa loss ko proft me zadz kar sakt ha

[amirallam85]

although i'm using robots, 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 usually take the ratio for loss and profit, so if i'm setup a 20pip loss, then my profit will be at pips.