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

[elyse99]

hellllllllllllo guys Since i am a short term trader i set my SL and TP nearby. I set them in the ratio of 1:2 it"s a good strategy should everyone work like this

[garrysidhu]

hmm ashe stop lose use krke ashi success make kr skte hein isme koi dout nhi he sabse asha stop lose wahi he jab aap ekbar ashi trade shuru kroge to aap isko kabhi shor nhi skte me alwayse forex krna like krta hun je mera favrout business he bhai

[anju28]

forex ke business me stop loss or take profit importance part hai trader ko achhe se market me analysis karke stop loss or take profit ka plan babani chahiye esse trader ko kaam xe kam loss hota hai tabhi sahi se kaam kar sakte hai.

[duta]

First I look for support and next resistance.
I stopped my stop loss near this level.
If the support and resistance levels are too high then I follow my money management rules.
I mostly choose others only after analyzing trends, people who do not follow the strategy are definitely wrong,
because this is a trading business without a plan and a good approach no one can succeed in any business king.
Forex is a great business but requires some effort to improve it more.

[memi memi]

Dear mera perfect stop loss and take profit plan ye hai k main resistance aur support k sath kuch pips per stop loss laga deta hon and ye mere liye kafi time help ful raha hai is liye stop loss ka istamal bhot hi zyada faida mand hai

[Ameur Damak]

The Stop Loss command enables the trader to close his position automatically when the price of the traded price falls to his disadvantage. This is a reverse-trigger threshold order and a quantity equal to the open position. In trading, it is strongly advised to always place a stop order as soon as you enter the position in order to limit the risk taking.The Take Profit order allows the stakeholder to close his position automatically when prices evolve in his favor. This is a limit order in the opposite direction and equal to the open position. It is interesting to position its take-profit in advance in markets with little trend, but it is advisable to let its profits run in markets with strong trend.

[zahid2016]

har aik ki different strategy hoti hai or wo usi ko mind main rakhte hue stop loss or take profit use karta hai jo meri strategy hai wo 30 pips take profit or 20 pips stop loss hota hai or main zayda time successful raha hon q ke stop loss to account ko safe rakhne ke liye hota hai asal learning or kam to hamare skills pe hai.

[murphy]

i think we should need to work hard on the forex market and without forex trend we should not need to open our trade, if trend of the forex market is clear then if we open our trade then we can win here very easy and very fast money we should always need to work hard and set stop loss at 150 pips and take profit on 100 pips that is good in all cases.
scalping : tp :20 sl : 25
swing ; tp : 300 sl : 450

[fxearner]

forex trader ko har trade se pehle esme stop loss aur take profit ka use market me karna chahiye,esme trader jetna market ko analysis ke liye time deta hai wo esme utna he acha kar sakenga,esme trader ko sabb pehle risk ko jaana chahiye..

[Mohamedmossa]

In order to stop lose you have to detect at the first place wether you intered the trade buying or selling and that is the trick , if you are going to sell the stop lose point will be higher than the price in the market , if you intered to buy the price will be lower than the current price