Stop Loss and Take Profit

May 27 at 17:21
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1 Replies
Členom od May 27, 2025   2 príspevkov
May 27 at 17:21

I've only been trading for about six months and learned the strategy in a trading club. The club recommends setting the stop loss at 1% of your account size and the take profit at 0.1%.


However, this ratio is becoming increasingly frustrating. While it does result in a very high hit rate, if a few trades go wrong, you feel like you'll never be able to recover.


How do you set your stop loss and take profit?

Členom od Mar 19, 2025   27 príspevkov
May 28 at 12:48

The club’s idea to lose 1% but only make 0.1% means you have to win almost every trade to make money - that’s really hard. I set stop loss where the market shows it makes sense like just below a support level or a bit beyond recent price move. I try to make profit at 1.5 to 2 times what I risk. So if I risk 1%, I aim to make 1.5% or 2%.


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