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

[Nuleta]

yes of course bro, absolutely I personally believe that forex is soo much risky business so we should close profit trade in 25 pips or close loss in 50 pips.if we do live trading then we should not do take profit or stop loss.its only that people which dont give time to doing trade.

[jkt48]

Well, I will always use 3% of my capital for stop loss and this is always good for me
and I count it and make pips for stop loss
and we need good money mangement to use stop loss.
Losing the peak is very important for every trading to do and save from big losses ..

[mulia]

Every prosperous Forex trader manages their behavior to realize
and determine the number of spots according to their trading strategy.
Your contract is also hot but, I once set 15 pips as my spending profit and 50 pips for where I lack.
Therefore, the price is always up and down the field in Forex activity.
I also make a leading trade on Forex with this contract.

[Aliakbar2016]

is ka baray ma be koi fix rae kam nhi kio ka ham kisi trade ma stop loss use karty ha and kisi ma nhi karty ha isey tarah ham kisi trade ma take profit use karty ha and kisi ma nhi karty ha ya sab be hamary kam ka hi kamal hota ha

[modestrader]

yes i think that your plan is good, for me i see that ratio of stop loss / take profit should be about 1/2 or 1/3 .

[murphy]

As a freak of scalping . I set my SL and TP nearby. I set them in the ratio of 1:2, so if my trade is well i set my SL at 15 pips and TP at 30 pips and if my trade isn't showing good results i set my SL at 10 pips and TP at 20 pips

[sakumba]

because I recognize the profit aspirations gained and
also the termination of the decline that the dealer must set is determined by your examination so they can help make the forex company, they should help to do a big check inside right now.
because making these people will definitely get a good end result

[TraderRajKri]

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?

You are willing to risk 25 pips for a potential 50 pips profit, this is the ideal risk reward ratio a trader MUST follow, 1:2. only criteria is the entry of the trade should always be at a place near the Support/Resistance to ensure that the trade has a high probability of success.

[pinus]

Stop loss is an important part of trading strategy and if we use the stop loss correctly the possibility of getting Margin call is greatly reduced. Different forex mentors have different formulas for stop loss calculation and placement and I prefer. to use the 2: 1 formula (For every 50 pips stop loss target can be 100 pips) but this is entirely the choice of the traders how they will use this facility.

[ij999]

Eswaqat tak mai nay demo account par different strategy banay ki koshish ki hai aur es mai stop loss aur take profit ko bhe apply kia hai. Mery khyal say sub say best ya hai k hum es market mai 50 pips take stop loss aur take profit ko apply kray.