How to set the right stop loss and take profit

May 27 at 16:25
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Tham gia từ May 27, 2025   2bài viết
May 27 at 16:25

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?

Tham gia từ Jun 04, 2025   5bài viết
Jun 04 at 13:18

Yeah, I’ve been trading for a while now and used to follow a similar setup. High win rate felt good at first, but a few losses would wipe out weeks of gains, super frustrating.


Now I focus more on risk-reward. I usually aim for at least a 1:2 ratio, risking 1% to make 2%. This way, I don’t need to win every trade to stay profitable.


I place my stop loss where the trade idea is clearly wrong (like below support), not just a fixed %.


For take profit, I look at the next key level or target that gives me a good reward.


Hope that helps, it gets easier with experience!


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