How to determine the perfect stop loss order?

[waleedkhan]

I always get confused with setting the perfect stop loss. I know how important is to set SL when we trade but I am always in dilemma about how to calculate SL. Can anyone help me out with this issue?

long term trading may tu mujh sl ka kuch zayda tu idea nhi hai mujh lakin agar app short term trading karta hain tu app support and resistance ka hisab SL apply karni parah gi

[Maham Gill]

I always get confused with setting the perfect stop loss. I know how important is to set SL when we trade but I am always in dilemma about how to calculate SL. Can anyone help me out with this issue?

Forex trading sub sa achi bat ya ha k is main stop loss bilkul perfect kam karta ha kuch forum to stop loss or take profit ko allow nahi kartay Wahid yahi forum ha to take profit or stop loss ko both achi traqa sa kam karta esi layia to ya best forum ha all members ka laya/

[sunil]

there is no such thing as perfect stop loss. a trader sets it as per his analysis and there is no specific tool which can give a perfect sl target.

generally the reasons around s&r are good resons to set the sl target. and many trader use this method

[maurya]

yes you are right.candlesticks are better way of representing price movements.And determining perfect stop loss order i find its of less use as we have to be more perfect in determining TP order.SL order should also be given importance but only after TP.

[netra]

I think its diffucult one and corrent day support and resistance levels are the best because new trader can easily understand the support and resistance.

[moti]

before think about stop loss we have to think about analysis first your entry point must be the last retreat point that you predict it to sell or to buy you have to make stop loss less as much as you can.

[dineshji]

yeah you are right as stop loss is important to stay keep in trade, when ever you open a trade then you should be prepare for it that it might go to loss as nothing could say anything about market any thing could be happen.so stop loss should be set and that is based on yours money management.

[moti]

it cannot be explain briefly as how to set sl, as no method is there which determine the sl. mostly people use support and resistance levels for setting the sl, but it needs more experience and time to understand, in start you could use 10 pips for take profit and 20 pips for sl.

[dineshji]

we can not determine perfect stop loss.
we can set it base on our strategy or risk and reward ratio.
other thing in scalping trading we can fix stop loss in no. of pips like 10pips.

[bhai]

You need to determine the stop loss levels on the basis of the risk you want to take and also your profit and risk ratio which you prefer to trade in .You need to keep all these factors in mind.