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How many pip do we take profit?

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Tan Phan Ngoc
1331
Tan Phan Ngoc 2014.10.11 15:33 

Hi all,

How many pip do we take profit? and stop loss?

Mehrdad Shiri
4507
Mehrdad Shiri 2014.10.11 16:04  
it depend on your strategy & timeframe
Tan Phan Ngoc
1331
Tan Phan Ngoc 2014.10.11 16:57  
TIMisthebest:
depend on your strategy & timeframe
Detail please
Mehrdad Shiri
4507
Mehrdad Shiri 2014.10.11 18:36  
Makeprofitsuper:
Detail please

it depend on your strategy & timeframe

what is your entry point, which condition must be happend , so in that case you will give an order or position ( may be you use indicators, trend line, breake, . ... , harmonic pattern, .... , price action ,... , ..... ,   news, ..... ,trailing stop or not,..., martingle or not, ..., support & resistance, ... = i named this : "strategy",  so give you the entry and exit )

Tiyanto Tiyan
1229
Tiyanto Tiyan 2014.10.13 15:00  
My ideals.10 pips and no stoploss we make hedging systems.
Ronnie Mansolillo
5521
Ronnie Mansolillo 2014.10.13 21:37  
Makeprofitsuper:

Hi all,

How many pip do we take profit? and stop loss?

I agree with TIM, depends on strategy and mostly time frame. Maybe a semaphore indicator can help on exit. Always use stop loss maybe not less then 40 pips not more then 100
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