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View Full Version : How many pips do you think is safe for SL ?



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shapiraa
2012-02-25, 06:36 AM
I think a safe amount of pips to set sl depending on the pair and the market where we trade ... on the market london and newyork usually higher volatility , stop loss should be greater .... asia and australia is to flatter so stop lose not too big ... but it also depends on the type you are, whether swing or a scalper ....

oscar
2012-02-25, 08:37 AM
I always set a stop loss based on the number of daily movement range ..
with that number, I think it is possible to stop losses and position untouched trading transactions will always be a chance to earn profit

zaloo
2012-02-25, 09:04 AM
in my opinion 40 pips is more suitable for any pair to avoid getting big loss , but this also depends on the the amount of money you will use the 40 pips is suitable for at least 100$ you use , and as increasing the amount of money try to increase your stop loss .

twinkling star
2012-02-25, 09:37 AM
yeah we cannot judge about the stop loss by the numbers that we set, it might be depend on the chart situation and support and resistance levels, but I want to tell you that always put the sl and tp as without sl yours trade would be risky, as I HAve lost my account by not putting the sl, you can also use the 50 pips for sl.

mind4sale
2012-02-25, 10:13 AM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.
i agree with your point stoploss should place on support/resistance level.but for that kind of trader who trade only 1-4 hours per day they should place stoploss by their money management and risk ratio.and place stop loss depend on trader to trader

kampung
2012-02-25, 11:31 AM
i think 20-30 pips is good if we are doing scalping trading. but if we are trading long term then our stop loss is more than 40 pips.
because we can see pair movement in both side more than 40pips.
stop loss must choose base on support and resistance.

I think it is fitting for us to put our stop loss in of commerce with stop loss 40 pips if we are on target 20 pips as this will make you not easy to hit your stop loss a pair, but of course you also need an accurate analysis

anubhavsingh
2012-02-25, 11:38 AM
We should not set a stop loss just by guessing or feeling, the determination should be based on risk management in accordance with the amount of capital owned and based on balanced risk to reward ratio, so that percentage of the profit greater than the percentage loss

aapne bilkul thik kaha
forex me stop loss bahut zaruri hota hai lekin stop loss set karna bhi 1 art hai..iske liye market ke support, resistance aur pivot value ki jaan kari honi bahut zaruri hai..apne hi man se koi bhi value set kar lene se aapko faya nhai hoga jab tak aap poori tarah se analysis nahi akr lete

sayem
2012-02-25, 11:51 AM
main aapki batose sahemat hoo. 50 pips he thik hay. isse jada loss bohot jada ho jata hay. leken agar kisike pass jada capital hoto ow alag hay, uos hisab se capital and trade k against hum stop loss ko thora bara sakte hay.

ishvara
2012-02-25, 02:03 PM
yes,dear but i think your take profit and stop loss is very short because we can not control the market fluctuations that is why it should be minimum 100 pip and if you use below it then it is your mistake i think.

TP or SL that we can use in forex exchange trading is never fixed, it depends on our account balance, trading strategy, etc. Eg Scalpers use no TP and no SL and usually opens and closes trades manually.

lgarhboularbah
2012-02-25, 03:51 PM
i think that when you trade with the pivot point you will use the stop loss by the break of some point with 5 or 10 pt but if you just trade with good strategy and best management i think that you can use 50pt as take profit and 30pt for the stop loss

iwan
2012-02-25, 03:55 PM
I installed SL 50pips maximum, to give room to move when there is price volatility. but even though I installed SL for it, if possible untouched and suffered losses, the value is not more than 10% of the capital that I have.

kamrul10
2012-02-25, 04:52 PM
mujhe lagta hai,longtime traders ko forex sl function use karna chahiye.or experience traders ko bhi use karna chahiye.mujhe lagta hai 50% of target hum sl pa place kar sakte hai balance ko bachane k liye.

examin
2012-02-25, 06:48 PM
stop loss is very important in forex trading we have to make stop loss smal but in this case we may get a lot of loss trade so it is all about entery point you have to chose the best point.

TrojanFX
2012-02-26, 03:56 AM
for me i love setting stop loss and take profits with few pips to make sure that i will not make great losses and the price will hit the take profit , also i prefer to set the take profits with pips more than the stop loss to enlarge the possibilities of earning money

amit
2012-02-26, 02:10 PM
Yes stop lose and take profit is depend on market condition. But if you have enough balance then you can set your stop lose with big pips. I think you should set stop lose and take profit with support and resistance levels. I also set my stop lose and take profit with support and resistance levels.

lgarhboularbah
2012-02-26, 02:19 PM
Setting stop loss and take profit depends on market situation..
sometimes you can set stop loss to 50 pips only and sometime you can make it 200 pips..Its all about your study and market condition..

i am absolutly agree with you i think that order depends with the market when we are trading with the pivot point strategy ..and i think it related with the management too because we could put a good management to make money for exmaple 50pt for Tp and 30SL

jai
2012-02-26, 02:24 PM
Yes your thought is right. Stop loss depend on how much you afford to lose.
Support and resistance will help you to set you stop loss. But main think is what you can afford to lose.
It is good to set stop loss. Some time it will help trader.

dalino
2012-02-26, 02:29 PM
you are right...it is depent on market..if market too slow you can get only 20-30 pips but if market very aggresive,you can get 100 or more...do you remember on 2011,that chf make 1000 pips on 10 minutes????its very unpredictable and very shocking market.....

ishvara
2012-02-26, 03:02 PM
Yes your thought is right. Stop loss depend on how much you afford to lose.
Support and resistance will help you to set you stop loss. But main think is what you can afford to lose.
It is good to set stop loss. Some time it will help trader.

It is support and resistance that can help a trader to set their stop loss and profits in each trade that they open. It is never right that we choose SL in or trades only based on the amount that we can afford to lose.

krishan
2012-02-26, 03:24 PM
hisab से मात्र 50 रंज बंद नुकसान जिंदा पथिक हाय k liye. अगर गुंजन का karnai जिंदा socte अधिकतम नुकसान तो वो हाय रहता शिशुओं के जीवित जिंदा पथिक पाठक एसई Kam कर्ण हाय माई जेन kahuga रोक करके निकल और का माई ... फिर कोई व्यापार dusre dekna माई का का लाभ संगठन के 50 रंज बंद नुकसान प्रतीक्षा

jai
2012-02-26, 05:09 PM
i usually use 50-100 SL for each my position. i know it seem big, but i'm using H4 time frame as my default chart, so with the slowness of the price moving i can still manage to make an exit strategy incase the market go wild. but from my experience, because i'm only enter the market if i've got confirmed signals, i've never get touched by this SL.

jai
2012-02-26, 06:03 PM
if you trade as a day trader, 30 pips will enough to be consider as a safe stop loss. but if you are a longterm trader, that kind of amount will surely kill your account soon enough. so the point is, the stop loss must depend on your strategy.

new
2012-02-26, 06:17 PM
Yes stop lose and take profit is depend on market condition. But if you have enough balance then you can set your stop lose with big pips. I think you should set stop lose and take profit with support and resistance levels. I also set my stop lose and take profit with support and resistance levels.

yes dear agar capital achcha hai to hume stop loss use karna chahiye stop loss aur take profit kafi must hain hume iska us choti ya badi trade mein karna chahiye hum stop loss ko kabhi ignore nahi kar sakte hain

krishan
2012-02-26, 06:26 PM
बंद करो हानि आप व्यापार की मात्रा पर निर्भर हो सकता है. अगर बड़ी मात्रा में व्यापार तो मैं 20 pips के बंद नुकसान का उपयोग करें. यदि मात्रा छोटा है .1 तो रोक नुकसान 60 pips करने के लिए ले जाया गया. नुकसान रोकने के एक सबसे महत्वपूर्ण बात जो हम याद है, जबकि एक व्यापार रखने के है.

krishan
2012-02-26, 06:58 PM
रोक नुकसान जगह लाभ उठाने और आपके द्वारा उपयोग की मात्रा के अनुसार किया जा सकता है. के रूप में दोस्त ने कहा कि आप पहले निर्धारित कितना राशि है जो आप के लिए जोखिम के लिए रखना चाहते हैं. तो उस राशि के अनुसार रंज मूल्य की गणना है और एक बंद नुकसान जगह.

bambang
2012-02-26, 09:30 PM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

is different depending on which strategy you use.
if I'm trading with M15 timeframe, I think a safe stop loss is 30 pips.I sometimes also use Bollinger bands to put a stop loss

asingh601
2012-02-26, 09:36 PM
mere hisab se Stop Loss ke liye 5 pips up or down hona safe hai maan lijiye ki agar aap ka account balance low hai aur agar aap bina stop loss ke chalte hain to aapka account nil hone ke chances hain.

100c
2012-02-26, 10:00 PM
mere hisab se Stop Loss ke liye 5 pips up or down hona safe hai maan lijiye ki agar aap ka account balance low hai aur agar aap bina stop loss ke chalte hain to aapka account nil hone ke chances hain.

I'm not agree with your option because space is very close and more chance of loss, so better to trade with in 20 to 30 pips however if you are scalper then SL 10 to 15 pips and TP same.

ishvara
2012-02-26, 10:32 PM
Many newbies like to scalp and they do not like to put the stop loss but i think it is better to do the long tradings and the great stop loss is the 100 pips and if you lose the market then do the tradings again.

We choose the stop loss that we should use in our trading using a number of forex market factors. The most important one is using the trend lines to find the support and resistance in forex exchange trading.

faruq
2012-02-26, 11:38 PM
i hated to see when my acc surfers from my lack of patience , and having sl , moreover i hated to see when i got sl for a 20 pips , and then price moved in my direction...these thing trader have to get over, or he will be on losing side ...

kalponick
2012-02-27, 12:56 AM
I never use random pips.. I trade with a strategy.. and my strategy told me the amount I need to use as stop-loss.. I give my stop-loss at least 10-20 pips higher than the next resistance when selling and the same amount lower than the next supports level when buying... this tricks saved me manytimes.. because price actually reversed most of the time after reaching those levels.. and this kept my trades alive..

playfx
2012-02-27, 06:58 AM
Yeah 100 pips are enough even for the EURUSD and GBPUSD. These pairs have fast movement and 100 SL is good. We should not increase our stop loss if market price is too close to our SL. We should accept the loss.

if we know when to start to enter the market, then we wouldn't have to set 100 pips for each of our positions. sometimes putting 20-40 pips on stop loss is more than enough on that both pairs.

siredewe
2012-02-27, 09:31 AM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

i determine my stop loss using support and resistance levels. so basically i agree with you.. but when the stop loss is lower than daily range average then i switch it by adding 50 or 100 or simply by using higher or lower support and resistance..

kaji
2012-02-27, 11:24 AM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

I agree that placing a stop loss depending on the level of risk we are prepared to bear.and I think a good place stop loss is smaller than the placement take profit,My reason is if we put the stop loss is smaller than the take profit,then if the accuracy of our predictions are 50:50,then we will continue to profit in the accumulation of the final result....

ashwini
2012-02-27, 11:51 AM
how many pips do i think is safe for sl .. its depend on the situation.. some times its 20pips or some time 50pips .. mainly i use the resistance and support line.. for sl.. and tp .. in daily chart basis.. the sl is min. 100pips or more .. when on the 1hr basis. its some time 20pips some times 50pips.. i use it but max . time u exit the market before its hit the sl.. very moment i was wait for the hit the sl.. because i use the moving average. so when any candle open above or below with a gape .. its signal that now price is going to down or flat.

leo
2012-02-27, 12:00 PM
I usually just put take profit 10 pips, but if I was having installing a new floating take a lot of profit in pips,,
and also just put up a stop loss, and the number of pips that I use to stop depending on the margins lose,,

kampung
2012-02-27, 12:45 PM
I usually just put take profit 10 pips, but if I was having installing a new floating take a lot of profit in pips,,
and also just put up a stop loss, and the number of pips that I use to stop depending on the margins lose,,

the lower the profit we make the target I have confidence that it will get better in our of commerce so that way we will have the opportunity to make better of commerce and we also do not have the risk of major trade

amit
2012-02-27, 04:18 PM
Yes.SL input depends upon the type of trading too.The ratio i told is for normal swing traders.
But For Scalping i always feel that one should never provide SL since there are lot of chances to get SL triggered since its a very small value.

amit
2012-02-27, 04:42 PM
well it depends upon the need.But always its not wise to have like this TP=SL.
For beginners i recommend 2:1 ratio.
if TP is 100pips have SL as 50pips.So that if you lose a trade also,atleast the last trade's half profit will remain.

amit
2012-02-27, 04:59 PM
yes we can use support or resistance for stop loss or even SAR also.
mostly i will use pivot lines for determining the Stop loss and Profit levels. they are really useful.

siddesh
2012-02-27, 05:24 PM
yes,you are right.SL should be decided with Support or resistance and they act as good one to determine.Even pivot points are also good in determining.so one can put SL based on this or specified values like ratio of TP :SL as 2:1 like that.It depends on traders need.

krishan
2012-02-27, 05:34 PM
yes, for me many times power went off and i was not able to get connected.And finally when the power came i opened the terminal and i had got MC and my account was destroyed.

siredewe
2012-02-27, 09:03 PM
well it depends upon the need.But always its not wise to have like this TP=SL.
For beginners i recommend 2:1 ratio.
if TP is 100pips have SL as 50pips.So that if you lose a trade also,atleast the last trade's half profit will remain.

i dont think that without any other consideration like good technical analysis, this will be acceptable. it is totally harmfull to suggest new player to straightly using this ratio..otherwise, they will totally smacked with price volatility...for me, i need to consider support and resistance level to determine the SL, not only blind ratio..(no offence).

realman
2012-02-27, 09:41 PM
How many pip safe for slop lose. It depend on trading psychology. More trader means big psychology. So one fixed plan on Forex. Stop lose means how much I want to spend. If I am scalper it may 15-20 pips maximum. Or I am day trader it may 50-100 pips. Some of time selecting stop lose may depend on pair. Because EUR/USD is high liquid so need more pips to apply sentiment. But USD/JPY pair not same. Maximum time this pair very slow. Without big fundamental change this pair very slow.
My stop lose calculation included below-
1. For scalping 15-20 pips
2. For Short trade 15-35 pips
3. For day trading 50-110 pips
4. Long trade also complicated for me.
I apply stop lose calculate depend on support and resistance area.

krishan
2012-02-28, 05:00 PM
how many **** will be good for stop loss depends on market condition mainly. if you are volatility condition, stop loss should be 60 **** and if you are in n volatility condition 30 **** is good.happy trading

amit
2012-02-28, 05:37 PM
yeh bhai aap ney bohot acha tareeka betaya hey, new trader ko is sey support and resistance ki importance peta chelay gi. ek or tareeka yeh bhi hey k chhotay time frame mein jab candle support ya resistance sey neechay ya uper close ho then trade is over.

theboy2226
2012-02-28, 07:55 PM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...
it also depends on the size of the lot you are trading with for example when i trade with 0.01 lot i set stop loss after 100 or even 200 pips because i can afford to lose 1$ or 2$ but when i trade with 0.10 lot i set it after 30 pips and take profit after 50 pips but when i have like 100$ capital i set SL and TP after 50 pips so i think it also depends on how much capital you have

krishan
2012-02-29, 01:15 PM
बंद करो हानि आप व्यापार की मात्रा पर निर्भर हो सकता है. अगर बड़ी मात्रा में व्यापार तो मैं 20 pips के बंद नुकसान का उपयोग करें. यदि मात्रा छोटा है .1 तो रोक नुकसान 60 pips करने के लिए ले जाया गया. नुकसान रोकने के एक सबसे महत्वपूर्ण बात जो हम याद है, जबकि एक व्यापार रखने के है.

krishan
2012-02-29, 07:18 PM
To set stop loss do not put it by numbering and that can can afford or not. It should be placed on that point where you think if market break this point then it will change his trend and will move against you. That is the right place of putting SL. And if it is not affordable then do not trade for this time and wait for appropriate position.

TrojanFX
2012-02-29, 09:41 PM
determine the target point and stop loss actually depends on each trader because their determination would differ from each other so that the trader may use it in accordance with the rules of each strategy.

sayem
2012-02-29, 10:15 PM
I am agree with you its depends on traders mind or trading system. but i think 100 pipes is enough to safe for stop loss. if trader trade for long term then he can changed his SL and make more longer.

examin
2012-03-01, 12:42 AM
yes friend you are absolutely right..
stop loss depends on various conditions...it depend on individual,s study, his account balance, his experience etc..
so we can not generalize the exact pips for setting stop loss..it depends on situation to situation and trader to trader
forex stop loss have a lot of condations abd the bad thing that the condition that make us avoid the loss is the same condation that make us recover loss and gain the deal .

riskfx2012
2012-03-01, 12:39 PM
For me it's also worth to make use of pivot points to find out your SL and Target together with good basic level. And that i observed there's frequently some type of support or resistance at these levels however i still prefer to watch market by myself and mark important resistance and support for my trade

kaji
2012-03-01, 01:55 PM
In my trading the safe stop loss for me is about 25 pips. I used scalping in my trades I have to make an allowance because the market sometimes go the other direction before going back and hitting my target profit. I am also willing to lose that 25 pips if in case I am wrong with my analysis.

with a stop loss at 25 pips,how many pips your target profit everi position......?Please tell me about it.., couse i think that put stop loss at 25 pips is veri short and will be easly to untouched by price,

examin
2012-03-01, 09:43 PM
i think SL should be of 50 pips i usually keeps sl with 50 pips and tp at 50 pips when we are in profit we can use SL as to avoid loss in our trades as like take profit i mostly using it
50 pip is too large distance between open trading point and stop loss point and it take a lot of time to make another deal i think that 25 is more than enough for stop loss .

rajesh
2012-03-09, 04:02 PM
me apki strategy se bilkul bhi khush nahi hon kyunki aapki baton se lagta hai ki aapne forex ke basics ko thik se smajha nahi hai..stop loss kabhi bhi kisi bhi fixed value pe set nahi karna chahiye..stop loss set karne ke liye trader ko poori tarah se analysis karne chahaiye aur us pair ka support nikalna chahaiye fir us support ke hisab se stop loss set karna chahaiye

netra
2012-03-09, 06:18 PM
mujhe nahi lagta ki ye shai taruika hai stop loss ki value ko set karne ka..stop loss set karna pair pe depend karta hai aur uske support aur resistance pe
kabhi bhi kisi bhi random value se stop loss set nahi karna chahiye..aise stop loss set karne se aapko bahut nuksan ho sakta hai jo ki aapke trading account ke liye bilkul bhi thik nahi hai

sunil
2012-03-09, 06:35 PM
aapko aisi hi koi bhi fix value ke hisab se stop loss nahi set karna chahiye. stop loss aapke trading pair ke sath sath amrket ki condition pe bhi depend karta hai
aapko jis bhi pair me trading karni ho uske support aur resistance ke hisab se hi stop loss set karna chahaiye

tajdarbet
2012-03-09, 07:44 PM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...
wese to main stop loss kabhi bhi play nahi karta houn sirf take profit he select karta houn main app ko to ain ye he kahoun ga k ager app take profit 10 pips rakhte ho to phr app ko 20 pips stop loss rakhna chiye

twinkling star
2012-03-09, 08:13 PM
I think sl is the enemy for ours profit, as when ours position hits sl, then ours all profit also goes for loss then, as we take it high that tp, and if we take it small number of pips then ours lossing probabilityw ill be increase and if we take it high then we can loose ours balance.

raka999
2012-03-09, 08:42 PM
I always use a 1:1 ratio to take profit and stop loss. so when I put up tp 50 pips, then sl is also 50 pips. I also always use a trailing stop to secure the profit which I can. so that, if the price reverses direction, I have a profit, although still small. no matter.

my-forex
2012-03-09, 10:11 PM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

I agree with you, sir. it puts a stop loss is how our ability to lose our capital, of course, of each trader is different, or maybe it could be based on the fair traded

sunil
2012-03-10, 03:28 PM
Ye kehna sahi nahi hoga ki fala fala **** stop loss rakhne se safe rahega, yeh situation par nirbhar karta hai
hame chart study kar support or resistance ke anusar trading karni chahiye buy ke case me stop loss support ke thoda neeche rakhna chahiye.

netra
2012-03-10, 03:50 PM
agr aap scalper hain to phir to aap ka stop loss kafi small ho ga, balkay aksar scalpers to stop loss ko use hi nae kertay. phir agr app day trader hain to phir aap nearest support ya resistance level per apna stop loss rakhian. or agar aap swing trader hain to phir start ya end of trend per apna stop loss select karaingay

chirayu
2012-03-10, 04:46 PM
Not appropriate to set the target in pips rather we should let our profit grow until we see a reversal signal and if we notice reversal there is no queston of letting the trade open even if we are not getting the pips we have set the target for.

rajesh
2012-03-10, 05:30 PM
It is worth to use pivot points to determine your SL and Target along with good entry level. And i noticed there is often some found some support or resistance at these levels but i still like to watch market at my own and mark important resistance and support for my trade.

qa2012
2012-03-10, 05:48 PM
There is another view on this subject namely that the use of stop-loss depends on the margin available and the good management of my money l when my trad in the direction of my expectations stop loses used and start move it behind the trend winner to preserve as much of the profits
When I find that the pair bounced unlike my expectations for any reason, the decision here is used to stop losses or that I knew how to manage my capital, bear the maximum available margin rebound until the correct path

rajesh
2012-03-10, 05:51 PM
This is true that you should not set stop loss at more than you can afford to lose. But while determining stop loss you should consider few other factors as well, first whether risk reward ratio is good when you set stop loss at this level, and secondly is the stop loss you set is meaningful i.e. just below support level for long positions and just above resistance level for short positions.

sunil
2012-03-10, 09:04 PM
how many **** will be good for stop loss depends on market condition mainly. if you are volatility condition, stop loss should be 60 **** and if you are in n volatility condition 30 **** is good.happy trading

chirayu
2012-03-11, 02:49 PM
You are very right my friend and i think if the price will move from this level then there are the chances that price will move in this direction. Also one more if the good volatility then 50 pips stop loss is good.

sunil
2012-03-11, 07:30 PM
ya its depend on the market situation and the type of trader if you are scalper then there is no need of stop loss if you are long term tradee then it is essential to use stop loss

netra
2012-03-11, 07:42 PM
ya proper analysis and money management is very essential for setting proper stop loss.Stop loss is very important for long term trading so long term trader should be expert in setting stop loss

chirayu
2012-03-11, 08:59 PM
ya its all depends on the trader where he want to set the stop loss and take profit. if he able to set proper stop loss and take profit then it can be benificial for him

chetan
2012-03-13, 12:27 PM
i think its all based on the our strategy...we shud select pips based on our technical analysis and the our take profit position...so its safe to our account balance

chetan
2012-03-13, 12:50 PM
Yeah u r right ..its all depend on situation....but usually i put stop loss on basis of pivot point,....due to accuracy and scientific base i can trust pivot point....

rajesh
2012-03-13, 01:03 PM
scalping is short term trading..and scalping dont need much analysis so SL is needed to be set,,,and i usually trade scalping style and i set 15-25 pip in every trade....

CoreMethod101
2012-03-13, 07:00 PM
for me it's not about how many pips. rather, it's about where the price is in regard to the market cycle.
if the market is going sideways then the stop loss will automatically be low and if the market is in uptrend/downtrend then the sl will be a bit higher.

ratnakr
2012-03-14, 11:09 AM
when I apply daily trading strategies, then I put the SL as much as 50 points. SL is better than having to put in 100 + cutloss point. Although my SL as much as 50 points, if before it hits SL and I feel prices will not come back, then I will cut loss before SL.

chetan
2012-03-14, 02:21 PM
Well, that is a bad experience, and I have had that experience myself too. It is much better to use a SL and TP and then hope that the trade will hit your TP. If your internet connection goes off sometimes, then a trailing stop might not be of much use to you.

rajesh
2012-03-14, 02:46 PM
Pivot points are really good tools to use in setting stop loss and take profit targets but the important thing about setting your stop loss is that you should give the trade enough space to manouvre and this means that your stop loss should be large enough. The second thing is that no matter how large your stop loss is, it should not risk above 10% of your margin.

narendra
2012-03-14, 06:47 PM
I think there is no hasitation to place stop loss at the risk level you are intended to take. So why there should be any confusion in this regard. If you are going to take 2% risk place the stop loss at 2% if you want to risk 5% of your capital place SL at 5%

CoreMethod101
2012-03-15, 09:43 AM
i think that if we are want to make the stop loss, not depend on the pips but must dep4end on our analysis, we must make the analysis first to let us can know which one is the best price for us to place our stop loss at there not also being the same

yes. it really depend on our analysis.
but putting a tight and fixed level of pips behind our position on every trade is not a good choice.
if it's like 30 pips or 50 pips then it's a different story.
if it's 5 pips or 10 pips most likely the market will hit your SL before retracing and go to your favor.

lights
2012-03-15, 10:00 AM
depending on your trading style,, i trade daily with target more than 50pips a day,, so i use SL 50pips a day,,, SL save us from Margin Call but we have to minimize loss too,, i think its worthed if i loss 50 pips for target more than 50pips

deathzz
2012-03-15, 12:24 PM
I usually use between 30-50 pip SL, this is to anticipate that my loss did not become bigger and forced to CL. And that's if CL could do, if you do not have time then I just bring my trading account to the brink of MC. so you should always use SL as the trading account to reduce the risks you are exposed to MC,

patil
2012-03-15, 01:40 PM
I am agree with you because most of the time my terget also 50 pips and about your opinion of SL its really urgent each of our trade i think. because without sl i think we are taking very big risk when there are very much movement of market sometime.

etoir
2012-03-15, 03:22 PM
i have different target that is depending to the system that i use in that moment generally i like 1:2 ratio 25:50 25 stop loss and 50 take profit but that never make a different in the deals anyway.

Abdo22
2012-03-15, 04:17 PM
I prefer for me I work with a SL of thirty to fifty pips when I want to trade for a day or less. In case of long positions and for a week or more, the SL is hundred pips. Anyway, we all have different mindset with regard to all of them are SL strategy.

my-forex
2012-03-15, 04:25 PM
yes i think you are correct because before i faced such due to net connection . i just see my position and dont put sl that time thinking that i am infront of pc and that time i lost net connection and that was newyork session and due to heavy movement of market i lost good number of pips . so i think its always better to put sl first then observe the open position.

I agree, indeed we are good to use StopLoss in any order because we do not know what will happen next in the forex market. certainly if we're using our StopLoss also quiet because we already know how much risk we will face if we do wrong in order

rahibul
2012-03-15, 05:17 PM
If your invest 100 $. So you need a target in a day. I seem 5 % profit and 5 % loss of your invest in a day. i.e 5 $ need a day you need to take profit or loss , if you want to take profit 20 pips so you need your volume is 0.25 $ . so you stop loss will be 20 pips. You can increase more 10 pips in your stop loss maximum.

twinkling star
2012-03-15, 05:24 PM
I think sl depends on strategy, as long term traders usally use support and resistance levels, or may use the past data for sl and tp, and scalpers usually use only some pips for sl, that would might safe fore them to trade, just only 4 or 5 pips.

lode
2012-03-15, 05:47 PM
I think sl depends on strategy, as long term traders usally use support and resistance levels, or may use the past data for sl and tp, and scalpers usually use only some pips for sl, that would might safe fore them to trade, just only 4 or 5 pips.
yes this is true because every strategy need different lot size and stop loss and take profit, for take profit for scalping it is need to be near the opening point and the stop loss must be far than opening point.

ashwin.forex
2012-03-15, 07:09 PM
Like some one said earlier in this thread, SL depends on loads of factors. Firstly SL is nothing alone. It should be TP and SL. In other words it also called as risk/reward ratio. I have seen most of the people keep ratio of 1:1 for example, TP of 10 pips and SL of 10 pips.

ashwin.forex
2012-03-15, 07:12 PM
A TP and SL would depend on your
Total investment
capital per trading position
type of trading strategy i.e. if you scalping or a intraday trader, a swing trader or a long term trader.

It is very difficult to tell exact SL to you since I am not aware of your numbers. I can only tell you generally as told.

fxmate
2012-03-15, 08:48 PM
I try to stick to 50 pips SL, as I that amount of pips I easily accept with my money management and also market has to turn really hard against you in order to reach this target. Some mistake has to be made in your analysis that market goes 50 or more pips against your trade.

andhwrey
2012-03-16, 12:39 AM
Like some one said earlier in this thread, SL depends on loads of factors. Firstly SL is nothing alone. It should be TP and SL. In other words it also called as risk/reward ratio. I have seen most of the people keep ratio of 1:1 for example, TP of 10 pips and SL of 10 pips.
the best is we must have TP range higher than Sl,its good but need more experience to do that,i think 1:2 TP will hard if we are still
new and cant manage price range good and at least our ratio must same. 1:1

siredewe
2012-03-16, 12:45 AM
the best is we must have TP range higher than Sl,its good but need more experience to do that,i think 1:2 TP will hard if we are still
new and cant manage price range good and at least our ratio must same. 1:1

is that mean we sould find the lowest price to buy and the highest price to sell?? because i think it is very difficult to do 1:2 if we put our trading position in the middle of the trend..please give us an elaborated technique so we can follow your strategies...

ShoSho
2012-03-16, 04:41 AM
It depends to the strategy and the the take profit but for me i prefer to make if the take profit is 10 pips then stop loss 10 pips and if the take profit is 30 pips then the stop loss 15 pips.

forexman
2012-03-16, 06:45 AM
you are right and it depends on amount of risk they wanna take so how we can say that they only have to set the stoploss which they wanna put but if they ask others how they know how much risk they wanna take?so everyone must learn to set their stoploss based on risk they wanna take

ermaniso2011
2012-03-16, 07:22 AM
yes you are absolutely right.putting stoploos randomly with fix pips has no meaning.it is called gambling.each of our move on forex must have a meaning.when we open a position and when we place a TP and SL we need strong reasons.so the best method is to use support and resistant lines as stoploos.

sinaga
2012-03-16, 07:49 AM
each of my trades I always use a stop loss and TP. I want to do it all in each of my trades. for example, I installed SL 50 pps to 30 pps take advantage. if he was my profit stop losses that would change the price when we take trading positions. with that we can protect the gains that we get

kaji
2012-03-16, 08:42 AM
each of my trades I always use a stop loss and TP. I want to do it all in each of my trades. for example, I installed SL 50 pps to 30 pps take advantage. if he was my profit stop losses that would change the price when we take trading positions. with that we can protect the gains that we get

I think taking 30-50 pips profit per trade is the ideal decision, as we know that usually the graph moves between 70-100 pips and even more in a day. so as to gain 30-50 pips a day is not difficult if we have an accurate signal....

newentry
2012-03-16, 08:58 AM
this depends to the condition, we can not determine it for every trader\s that we open, the important thing here the trader have to put the order at the right track then they can reduce the floating minus too big..and put the SL

narendra
2012-03-16, 05:16 PM
i am absolutly agree with you i think that order depends with the market when we are trading with the pivot point strategy ..and i think it related with the management too because we could put a good management to make money for exmaple 50pt for Tp and 30SL

narendra
2012-03-16, 05:28 PM
i think that when you trade with the pivot point you will use the stop loss by the break of some point with 5 or 10 pt but if you just trade with good strategy and best management i think that you can use 50pt as take profit and 30pt for the stop loss

irfan
2012-03-16, 11:15 PM
I think 20 pips is the safe target for SL but most of the time I chose my SL on support and resistance levels and not on the value of pips because when we chose SL in few pips then it can be easily hit and we lose just for nothing.

kamrul10
2012-03-17, 02:38 AM
I think taking 30-50 pips profit per trade is the ideal decision, as we know that usually the graph moves between 70-100 pips and even more in a day. so as to gain 30-50 pips a day is not difficult if we have an accurate signal....

ledkin aap ketna pips stop loss ka liye place karte ho ? aapka target 30 to 50 pips hai. to kaya aap 100 or 150 pips sl place karoge ? or 70 to 100 ? that means target se bhi jayada ? mujhe determine karna nehi ata hai.

amgad1982
2012-03-17, 04:34 AM
about me i did not use stop lose when i trade on line because the price trend go up and go down and maybe the price close my trade on stop lose and after that go up to my tp

waqtitrader
2012-03-17, 12:13 PM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...wese main bhi scalper houn par main free scalping karta houn main kabhi bhi stop loss play nahi karta houn mugh ko pata ha k main ye kar k kafi risk leta hun par mugh ko stop loss acha nahi lagta ha es liye main to sahi baat ha stop loss nahi use karta or or open he rakhta houn sirf take profit he select karta houn

Ahsan
2012-03-17, 01:14 PM
Stop loss plays an important roles in forex trading. It saves a trader from greater loss. But there is no fixed amount of pips to find out stop loss level. Basically stop loss level depend on market condition and a good money management system.

siredewe
2012-03-17, 08:16 PM
from my experience, we can use fibonacci level for setting our stop loss and target profit...but i dont know which one is the better..SL>TP or TP>SL..it sometimes very difficult to set the most appropriate...if there is someone know, please share with us...:)

kamrul10
2012-03-17, 09:40 PM
sl use karna mujhe bilkul pasand nehi hai and karna bhi nehi chahta hu,ma dekha ha ka market up aur fall bohoot karte hai ledkin market agar huge falll karta hai to wo phirse back bhi karta hai.ledkin uska liye wait karna parta hai.

lode
2012-03-18, 12:03 AM
Stop loss plays an important roles in forex trading. It saves a trader from greater loss. But there is no fixed amount of pips to find out stop loss level. Basically stop loss level depend on market condition and a good money management system.
stop loss is very important and we put stop loss because we expect that the price will contntinue against the deal and will not retreat to the last price but we we have an expectations that say the price will reatreat we have to put stop loss order on other point.

vineet
2012-03-19, 02:20 PM
yes,you are right.SL should be decided with Support or resistance and they act as good one to determine.Even pivot points are also good in determining.so one can put SL based on this or specified values like ratio of TP :SL as 2:1 like that.It depends on traders need.

patil
2012-03-20, 05:22 PM
if you trade as a day trader, 30 pips will enough to be consider as a safe stop loss. but if you are a longterm trader, that kind of amount will surely kill your account soon enough. so the point is, the stop loss must depend on your strategy.

patil
2012-03-20, 06:12 PM
i usually use 50-100 SL for each my position. i know it seem big, but i'm using H4 time frame as my default chart, so with the slowness of the price moving i can still manage to make an exit strategy incase the market go wild. but from my experience, because i'm only enter the market if i've got confirmed signals, i've never get touched by this SL.

TrojanFX
2012-03-20, 11:13 PM
I think Placing stop loss matters a lot this will help you to manage your loss properly you shouldn't risk more than 5% of your account remember; this could guide you on how to place your stop loss.

ezincenter
2012-03-20, 11:23 PM
The stop lose can be from 10 pips to hundreds of pips that is depends on the strategy the trader use, and how much the account holder can afford, if you are an intraday trader then your stop lose can be from 15 pips to 30 or 40 pips

darksaimon
2012-03-21, 11:20 AM
According to my noises it should be greater than TP pips, But most of nowadays i don't use Kibosh amount if we are trading with H1 then its change to get Restraint expiration around 50 pips for H4 we should increase it.

wazid201118
2012-03-21, 11:52 AM
Miane aapni trade par sl ka istemal jada nehi karta hoon.Kyo ki mujhey profit ka jada khayal rehta hay.Phir bhi main yeh keh sakta hoon ke 50 pips hi thik rahega stop los ke liye.

sinaga
2012-03-21, 02:55 PM
I always count in the trading losses of 3% of the funds that I have. I get 10 pps to 50 pps each of my resistance to trade. by comparison, I more easily get an advantage in trade. it is a money management that I use every time I trade.

sabaarshad
2012-03-21, 03:19 PM
Yes you are right. Another thing in determining the stop loss level is to check whether the trade is short or long term. Longer term requires stop loss of more pips to counter over strange market moves and choppy conditions. However if you are a scalper 20-30 pip stop loss is enough. for intra day, the stop is well over 100 pips.


Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

patil
2012-03-21, 05:44 PM
aapne bilkul thik kaha
forex me stop loss bahut zaruri hota hai lekin stop loss set karna bhi 1 art hai..iske liye market ke support, resistance aur pivot value ki jaan kari honi bahut zaruri hai..apne hi man se koi bhi value set kar lene se aapko faya nhai hoga jab tak aap poori tarah se analysis nahi akr lete

raka999
2012-03-21, 07:18 PM
I used to use a stop loss just in it for example nenerapa 6-8 pip pip, but it all also depends on market conditions that we put, whether good or erratic
I know this might be under anyone wants to add, please
stop loss with only 6-8 pips, is it realistic? opportunity to touch the stop loss is very large. even, I could say, would be hit stop loss if only 6-8 pips. I think, for the SL 50 pips is normal with TP 50 pips as well.

vineet
2012-03-21, 08:10 PM
Yes stop lose and take profit is depend on market condition. But if you have enough balance then you can set your stop lose with big pips. I think you should set stop lose and take profit with support and resistance levels. I also set my stop lose and take profit with support and resistance levels.

patil
2012-03-22, 03:08 PM
whats your style? scalping/ intraday?

I think 10 pips is too tight, I'm sure your stop losses will be hit, maybe you can think again if your stop loss could broadening again perhaps 15 or 20, maybe it would be great

narendra
2012-03-22, 04:56 PM
main pichle 1 mhine se forex main scalping trading kar raha hu or main kisi bi trading main stop loss ka use ni karta hau.
lekin main trade usi wakt karta hu jab mere pass meri strategy ke hisaab se singnal hota hai.
mera take profit bi 4-5 pips hi hota hai jo easily achive ho jaata hai.

ShoSho
2012-03-22, 05:02 PM
I that depends on the strategy itself as there is no a specific stop loss value that is the best there is no that as that depends on the take profit and your strategy is it scalping or swing strategy.

aryan
2012-03-22, 06:21 PM
ye baat to sahi hai ki ham stop loss trading karne waale time frame ke hisab se set karna chahiye but ye sahi ni hai ki ham previous candle ke low or high ke hisaab se stop loss lagaye.
hame stop loss support or resistance level k hisaab se set karna chahiye.

naziafarhan
2012-03-22, 06:24 PM
It depends on the volatility of the market at that time and the TF you are trading on. I think the safe sl will be the last swing high or low +5 pips+spread spread is variable in different traders so you have to keep in mind the value of spread.

aryan
2012-03-22, 06:34 PM
stop loss to support or resistance par hona chahiye. likin ye to trader ki trade karne ke traike par bi nirbhar karta hai.
jab main long term trade open karta hu to sl support or resistance par rakhta hu. lekin scalping trading main to main stop loss rakhta hi ni hu.

TrojanFX
2012-03-23, 10:42 AM
Every of we talk regarding the particular significance of SL. However, take profit is in fact provided less importance. Talk about your trading strategy and right planning that are our needs used to be able to get the actual income cash.

rakesh
2012-03-24, 01:32 PM
About SL i think its depend on traders account balcne but i also think if there is sufficient balance then its not bad . but for me it may differ for market condition but 50 pips is not bad and most of the time i used it but tp is 30 to 40 pips.

rakesh
2012-03-24, 03:08 PM
yes i think you are correct because before i faced such due to net connection . i just see my position and dont put sl that time thinking that i am infront of pc and that time i lost net connection and that was newyork session and due to heavy movement of market i lost good number of pips . so i think its always better to put sl first then observe the open position.

rakesh
2012-03-24, 03:25 PM
I am agree with you because most of the time my terget also 50 pips and about your opinion of SL its really urgent each of our trade i think. because without sl i think we are taking very big risk when there are very much movement of market sometime.

anchitkole
2012-03-24, 04:53 PM
yes i also think so . when we do scalping then everything happen very quick and when all time infront of our pc then its not necessary to use set SL but without scalping its must be set SL and TP because it may secure our account.

sagar
2012-03-25, 04:51 PM
Stop loss is major key of success in life of forex traders as we see many traders lose their whole money due to margin call do not put stop loss which they lose all the money.

anitagala124
2012-03-25, 06:02 PM
Right strategy at last if you have more profits than losses they you have profits above principal money.Traders should use proper money management with risk reward ratio 1:2.

anitagala124
2012-03-25, 06:26 PM
It depends upon market conditions generally we can get good signal of stop loss by using many indicators but most preferred is Fibonacci indicators and its retracement will tell you what to put stop loss.

anitagala124
2012-03-25, 06:41 PM
Yeah,putting stop loss and take profits depend upon market situation and volatility .If there is high volatility then put 50-100 pips of stop loss and take profits.

dmambi
2012-03-25, 06:50 PM
Stop loss placement depends on many factors. when placing it we should take into consideration of the volatility in the market, the amount of money we have in our account for free margin, the take profit setting we are going to put etc.

jai
2012-03-25, 07:22 PM
i am absolutly agree with you i think that order depends with the market when we are trading with the pivot point strategy ..and i think it related with the management too because we could put a good management to make money for exmaple 50pt for Tp and 30SL

Amitab
2012-03-25, 07:30 PM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...


To set your stop loss point and your profit, you must leave a difference of 10 points between them both, for example: 40 pips for TP and 30 pips for SL, but you should see if the market is your friend before to any business, and your own strategy that will give you a good way to enter the market.

jai
2012-03-25, 07:42 PM
i think that when you trade with the pivot point you will use the stop loss by the break of some point with 5 or 10 pt but if you just trade with good strategy and best management i think that you can use 50pt as take profit and 30pt for the stop loss

TrojanFX
2012-03-25, 09:05 PM
It is largely dependent on the currency pair in which you are trading and your account size. The pair having history of larger volatility the stop loss pips can be set at higher while pair having lower volatility they can be set at closer.

sagar
2012-03-26, 12:21 PM
it depends to the situation and we can not make it as a permanent choice but there are many way to get the price to put the stop loss with good, we can use the upper or bottom of range/chart or use the price from candlestick

seri
2012-03-26, 01:39 PM
I think the safest place to set SL is depending on our lot size. If you used high lot size so you shouldn't place SL too far
away because it will reduce big losses in your account. But if you used low lot size, it can be more far away to set SL point.
It's depending on your money management control and your style of trading.

anitagala124
2012-03-26, 02:28 PM
this depends to the condition, we can not determine it for every trader\s that we open, the important thing here the trader have to put the order at the right track then they can reduce the floating minus too big..and put the SL

sinaga
2012-03-26, 02:59 PM
Here we are good at managing the funds required that we have. we have to calculate what level of loss mempu to make a profit. I always wear the risk of 3% of the funds that I have. 50 pps and put stop losses just to take advantage of 20 pps.

jai
2012-03-26, 10:43 PM
Yes it is quite good to make decision to place the stop loss before entering the position so that you will not have to go through any loss from that position. Stop loss must be placed at strong resistance if the position i sell and at support if the position is buy.

jai
2012-03-26, 10:54 PM
It is depend of the support and resistance level that where we have to place the stop loss. But my point of view it is always better to analyse the risk reward ration before trade and place the trade according to that.

amit
2012-03-26, 10:54 PM
It is more important to you that you have to place the stop loss at appropriate level so that you can not get hit the stop loss immediately and you may get profit from that trade. Just go for the charts and get the major support and resistance levels at that place you can place the stop loss.

sagar
2012-03-27, 12:36 PM
Yes it is. According to the situation, we have to decide whether how much pips we have to place for stop loss. If the market is very volatile then predict the trend and place order with more pips. so that your stop loss will not triggered instantly.

sagar
2012-03-27, 12:48 PM
Stop loss may be place according to the leverage and volume used by you. as said by friend you have to determine first how much amount you want to keep for risk. Then according to that amount calculate the pip value and place a stop loss.

rakesh
2012-03-27, 01:16 PM
Stop loss may depend on the volume you trading. if large volume trade then i use 20 pips stop loss. If the volume is small 0.1 then stop loss moved to 60 pips. stop loss is one of the most important thing which we have to remember while placing a trade.

kazol76
2012-03-27, 01:20 PM
I think 5% of total invested capital is perfect for Stop Loss (SL) position of every trade, I am put always SL in my every trade sometime it come 60pips and sometime it comes more. Most important think is how much trader will allow to take loss in every trade it depends on his deposited money and risk level also, I calculate with the perfect money management and also risk management cause high risk high gain I do not like this style in Forex trading. Thanks

anitagala124
2012-03-27, 01:27 PM
for me i love setting stop loss and take profits with few pips to make sure that i will not make great losses and the price will hit the take profit , also i prefer to set the take profits with pips more than the stop loss to enlarge the possibilities of earning money

got2luvyou25
2012-03-27, 01:57 PM
for me i love setting stop loss and take profits with few pips to make sure that i will not make great losses and the price will hit the take profit , also i prefer to set the take profits with pips more than the stop loss to enlarge the possibilities of earning money

baho ager ap kam points ki deviation per stop losses deen gein to jaida chances yahi hon gein ko ki Sl hit ho jae ga , always stop losses ko worth deen , minus flaoting jaida ter hortit ha fior he ja ker profit ebnti ha i will suggest you give at least the 40-50 pips Sl and take 20 pisp Tp in the srating

anchitkole
2012-03-27, 02:18 PM
If you use stop loss then it is impossible your account could experience Margin Call because the order will hit Stop Loss first so there is no other losses. Stop Loss is used to prevent Margin Call if you don't change it oftenly. Placing Stop Loss will depend on open position too, if me I will set SL in range about 30-40 pips from open position.

anitagala124
2012-03-27, 02:18 PM
determine the target point and stop loss actually depends on each trader because their determination would differ from each other so that the trader may use it in accordance with the rules of each strategy.

maryosa
2012-03-27, 03:27 PM
If you use stop loss then it is impossible your account could experience Margin Call because the order will hit Stop Loss first so there is no other losses. Stop Loss is used to prevent Margin Call if you don't change it oftenly. Placing Stop Loss will depend on open position too, if me I will set SL in range about 30-40 pips from open position.

Even with stop loss, account of trader still get margin call if trader use big lot size. What is good is combine of stop loss and money management. If combine the two the margin call far from trader. Trader use 10% of account to open position and set 50 pip stop loss is good. If trade loss, then only 5% of capital is loss. If can trade this way then will not easily get margin call.

rano53
2012-03-27, 03:40 PM
merie khayal mie humaye account kie captail mutabaq stop loss apply krana chaheye...q kie akar humarie pass amount kam tu per stop lose nazdeek apply krange..q kie account safe rahe ga....we should always apply stop lose at that level which money we can afford to lose...

iwan
2012-03-27, 07:40 PM
Every trader needs to trade in their risk and reward ratio and I think the stop loss should be placed according to the same. I trade in the ratio of 3:1 which means if I trade for the profits of 60 pips then I place my stop loss at 20 pips .
means that you also use a lot that has been adapted to the robustness margin ..? Do you have a raw count to decide ..?? please share ..

Amitab
2012-03-27, 09:34 PM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

A good question my brother, for a beginner I think they should start trading in Forex market with a capital of $ 100, a lever of 1: 100 or 1: 200, a volume of 0.25 and a stop loss of 30 Take advantage of pips and 40 pips, but do a lot of analysis before opening any trade, and after a period of five months or six months, your experience will guide you in choosing the right decision and good SL and TP.

tabestbestmaker
2012-03-27, 09:45 PM
that depends on alot of thing like how much the trader can afford to loose and also the market situations and also hes expriences in thsi field so we do not have an exact number of that

amit
2012-03-27, 11:08 PM
I feel that 100 pips difference is the best to put a safe Stop loss but i saw that all the broker sites are not allowing you the same ,some are liberal and having no such rules but some are strict .Though everything depends upon our own plan and the market reading capability as good traders always knows the safety level well.

mojcris
2012-03-27, 11:11 PM
I think the stop loss and take profit limits are very important specially stop loss, i usually use 30 or 50 pips for my positions, but sometimes when my lot size is very low I use more pips like 100 or 150 pips

sagar
2012-03-28, 12:16 PM
is different depending on which strategy you use.
if I'm trading with M15 timeframe, I think a safe stop loss is 30 pips.I sometimes also use Bollinger bands to put a stop loss

anitagala124
2012-03-28, 01:41 PM
I think 20 pips are a bit high for M15 chart because i don't think that trend on a 15 minute chart is strong enough to give us 20 pips. Can you tell that what strategy you use to trade on M15 chart and gain 20 pips per trade.

anitagala124
2012-03-28, 01:50 PM
I didn't got the reason that why should not put sl for gold. Because gold is also volatile and it can blow or account in an hour. Can you please explain it.

anitagala124
2012-03-28, 01:54 PM
Yeah in scalping using sl is not good because price moves so rapidly that it might return. And scripts are Download-able from MetaEditor.Also use close script to close orders when there are requotes.

anitagala124
2012-03-28, 01:59 PM
You are right putting sl on long distances is just because we don't want to lose our money and we think that price will hit our tp rather than sl but that is a bad attitude if the trend is reversed don't keep your position open and close it and concentrate on your next trade.

sayem
2012-03-28, 03:17 PM
I think its depend on your trade and trade volumes. if your trade short term then you can set your SL to 50 pips and if your trade is big then generally you can set 100 pips SL for safe. other ways its all depend on your own strategy.

sinaga
2012-03-28, 04:39 PM
I think its depend on your trade and trade volumes. if your trade short term then you can set your SL to 50 pips and if your trade is big then generally you can set 100 pips SL for safe. other ways its all depend on your own strategy.
very true friend. I liked your comment. before we do the trade, we must be good at calculating how much risk of loss for the open position. possible for me, I would put stop losses 50 pps, just to make a profit 20 pps. and even then I had to wait a good position before the trade.

nuh514
2012-03-28, 06:04 PM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

My stop loss in the trading is not variable but rather it is fix and I take the sop loss at 32 pips per transaction which is I think affordable and also I put take profit at the same amount of pip. This strategy is quite affordable and reasonable for me.

amit
2012-03-28, 10:38 PM
scalping is short term trading..and scalping dont need much analysis so SL is needed to be set,,,and i usually trade scalping style and i set 15-25 pip in every trade....

ayesha warma
2012-03-29, 11:41 AM
Noramlly i am trading for maximum 30 pips stop loss.because market can go anywhere we cannot say 100 % about the market.if we use big stop loss we will get more loss.try to use 30 pips stop loss and 50 pips take profit then you will get more profit then loss.

sayem
2012-03-29, 12:33 PM
Ya main aapki baatse sahmat hoo. SL ke normally 50 accha hay. leken agaar koi trader long term trade kare to wo aapni SL ko bohot bara sakte hay. ye trader ki trade or capital ke upar bhe nirvar kar ta hay.

sagar
2012-03-30, 12:44 PM
In my trading the safe stop loss for me is about 25 pips. I used scalping in my trades I have to make an allowance because the market sometimes go the other direction before going back and hitting my target profit. I am also willing to lose that 25 pips if in case I am wrong with my analysis.

sagar
2012-03-30, 12:47 PM
If you have a good analysis and you will be gone away from your desktop then you should set a wide stop like 50 to 100 pips. Because if the market will go the opposite direction then you have nothing to worry about because you got everything covered. But before you set this big SL make sure you analysis is accurate.

anchitkole
2012-03-30, 06:07 PM
every trader must have their own plans. some prefer to use SL fix, but there are some who like based on support and resistant. I prefer to use SL fix, because we can know for sure how the loss / profit today.

amit
2012-03-30, 07:23 PM
I always use a 1:1 ratio to take profit and stop loss. so when I put up tp 50 pips, then sl is also 50 pips. I also always use a trailing stop to secure the profit which I can. so that, if the price reverses direction, I have a profit, although still small. no matter.

joget
2012-03-31, 12:48 AM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

This depends on the entry trading is done, if done in a normal market conditions, ie not before the release of an event or news that has a strong impact on market movement, particularly strong impact on the movement of the currency pair is selected, and the entry trading is made in accordance with the trend of price movements, then the StopLoss is mounted at least equal to 10 x spread of the chosen currency pair.

Marcs
2012-03-31, 04:28 AM
I think that just use as a base of support and ressistance to put the SL. I would feel comfortable and safe if I put SL on the SR wuth the reason if the price touches the S / R ...

jiching
2012-03-31, 06:25 AM
in my trading, i don't use Stop Loss... it's safe, because if we placed stop loss, it's very often our stoploss touched and then price against our stoploss. finally, we lost our money.. because of that reason, i always don't place stop loss in my pending orders. and if the price make our money floating, i don't care, leave it...

kalponick
2012-03-31, 08:33 AM
It should differ from trade to trade.. sometimes you need to use smaller stop-loss and take profit target while in other trade big.. and in some trade even bigger.. this way you can minimize your risk and sometimes maximize your profit also.. random numbers are the right way to give as a stop-loss for me..

anubhavsingh
2012-03-31, 09:58 AM
depending on the time frame that you use to determine the open position. If you open up the position after seeing such a large timeframe 1 hour, then you can specify the minimum 50 pips stop loss. And the smaller the stop loss that you wear, the smaller is also the time frame that you wear,.

forex traduing karte waqt chahae aap bade time frame ke sath trading kare ya chote time frame ke sath, aapko stop loss hamehsa support aur resistance ki values dekh ke hi set karna chahaiye ..long term wale tradres kel iye bhi support resistance hote hai aur short term walo ke liye bhi hote hai.trader apni strategy ke hisab se stop loss set kar sakta hai

sspences88
2012-03-31, 12:02 PM
i think 100 pips is the best stop lose ever ,and this is also depends on you equity,or aksr aisa hota ha k hmara stop lose hit kr jane k baad markit osi direction me chlne lgti ha jis me hum ne trade ki hoti ha ku k aksr logo k stop lose km hote ha:)))

tarun2305
2012-03-31, 12:15 PM
main to stop loss kam hi lagata hu kyuki akasar mere sath aisa hua hai ki stoploss tak jata hai mera trade close karta hai aur phir tina badh jata hai ki dimag kharab ho jaye ..main l
stop loss lagata hi ni hu...

Ahsan
2012-03-31, 12:37 PM
Actually i think stop loss is related with currency pair and market movement. There is no way to fix a amount of pips for stop loss.

dimdim
2012-03-31, 01:25 PM
Normally i will put my Stop Loss depend with current chart pattern, previos support/resistance, and candlestick. Stop loss is the important part in forex trading, so i think we can't easily just put our Stop Loss with fix value, because mostly the price will hit our fixed stop loss. I still learning how to put stop loss with more clever, and before all my stop loss is fixed, and my result is very bad due to Stop loss always hit by price, and after only market move to what i predict before.

manibhai2012
2012-03-31, 02:13 PM
According to me and my point of view I think its depends upon your trading strategy so always try to execute you own trading strategy in the Forex market don't follow the crowd and for me 50 to 70 pips is enough if I have any doubt on my position trade safely is my obligation.

Techno
2012-03-31, 03:06 PM
main to stop loss kam hi lagata hu kyuki akasar mere sath aisa hua hai ki stoploss tak jata hai mera trade close karta hai aur phir tina badh jata hai ki dimag kharab ho jaye ..main l
stop loss lagata hi ni hu...

for the determination of stop loss, it would be better if we adjust to the market situation. because I think big or small we are using stop loss which is dynamic. it is difficult to assign a fixed stop loss. because the market can move in a big or a small range.

ali1011
2012-03-31, 05:52 PM
meray kheyal sy yeh batter rahy ga k aap agar 20 pips down p apni stoop loss set karni cahiye ku k yeh achi stoop loss limit hy me to jiyada isko he use karta hu i like this point of stoop loss.i use this level ever .

girish
2012-04-03, 02:01 PM
main pichle 1 mhine se forex main scalping trading kar raha hu or main kisi bi trading main stop loss ka use ni karta hau.
lekin main trade usi wakt karta hu jab mere pass meri strategy ke hisaab se singnal hota hai.
mera take profit bi 4-5 pips hi hota hai jo easily achive ho jaata hai.

sayem
2012-04-03, 02:51 PM
Mere hisabse hume apna trade dekhkar SL set karna chahiye. agaar humary trade jada ho or long time trade karna chahte ho tab hum apna SL ko barakar de sakte hay. ye bilkul he aapna trader par nirver karta hay ki wo apni trade me isse jada loss nahi karsakte hay. mere kheyalse normally 50$ enough hay or long term pe 100$. isse jada nahi.

ritesh
2012-04-03, 10:36 PM
i have never set my sl for 100pips yet coz i never have trust the trend, i normally set it at 20 pips but if conditions are looking easy then i might set it too 50 at the maximum but never 100!

mita
2012-04-04, 12:25 PM
well i guess it depends how much you are willing to loose on each trade and it depnends on the lot size too higher the lot size small the sl smaller the lot size higher the sl so atlast it depnds on you euqity also

rahul
2012-04-04, 11:00 PM
i think you should work according to your method and also according to the stargies he is using in the trading because some scalpers dont use stop loss and take profit while long term traders use this tools

viky
2012-04-05, 12:50 PM
ya its depend on the market situation and the type of trader if you are scalper then there is no need of stop loss if you are long term tradee then it is essential to use stop loss

ritesh
2012-04-05, 01:11 PM
ya its all depends on the trader where he want to set the stop loss and take profit. if he able to set proper stop loss and take profit then it can be benificial for him

LeeMinHo
2012-04-05, 02:05 PM
I do not often calculate my loss by pips because i will decide to put stop loss by using money management . I accept maximum 2 percentage loss per transaction and i will use it to calculate it via pips later .

anubhavsingh
2012-04-05, 02:36 PM
I do not often calculate my loss by pips because i will decide to put stop loss by using money management . I accept maximum 2 percentage loss per transaction and i will use it to calculate it via pips later .

me hamehsa apna stop loss ciurrency apir ke support aur resistance ke hisab se lagata ho
hjar trader ko yahi technique use karni chahaiye tabho usse stop loss se fayda oga wrana bahut zada nuksan ho sakta hai

samuelkanu
2012-04-05, 05:41 PM
It depends on your strategy that you will use and the expectation for the trade i.e the amount of pips you are targeting.You should use the ratio of reward to risk for setting your stop loss e.g 2:1 or even1:1.Stop loss should be placed at possible areas of reversal

barkiman
2012-04-05, 06:00 PM
Setting a stop loss of about 20 pips is not a good idea since the market will just fall 20 pips and then recover again thereby closing your trades automatically.
is quite true, in a volatile market, 20 pips is very easy to reach. it is necessary to install a wider stop loss. I always use the TP 50 pips and 50 pips SL. I guess this is pretty wide.

ritesh
2012-04-06, 10:43 PM
I don't think the value of the capital works much because you should manage your money & your trades whatever your capital
the condition here is how many **** your account can withstand
so you should know the ideal value of pip you will risk with
& then upon the pair volatility you can sit your position

jmsblack18
2012-04-06, 10:48 PM
I think it is depend to ratio of your free margin and margin you use as balance to open position. If you type of agresive trader who didn't scare to loss, So the ratio of your stoploss must around 5-6 time to your total amount of money in your account. But if you safe trader your stoploss ratio must above 10-20 than your amount.

viky
2012-04-06, 10:49 PM
I agree with that it depends on the liquidity & the market conditions, also to the lot volume you trade with
but while scalping I think it is the most important to make SL as far as possible
in order not to damage your balance as you are trading with very large lot volume

sayem
2012-04-07, 10:05 AM
I think this is depend on traders own target. but if you trade short term Forex trade then i think 50 pipes are enough to safe for SL but if trader trade for long term trade then condition must be different then traders pipes must be up to 100 pipes.

gava
2012-04-07, 10:57 PM
Stop loss depends on your capital if you have large capital then large stop loss if small capital then small capital. I set my stop loss 2% of my total capital because I dont want to lose big money from my capital.

michael
2012-04-08, 02:15 AM
Stop-loss-controlled speculative points of support and points of resistance that can be affected by a point loss, I do not gamble much I select always at 25Ppips the last time set at 45pips but when practicing good points and support points of resistance will be the highest of this class. Now requires a market study well so that it can determine the margin of profit and loss.

tervarto
2012-04-08, 02:50 AM
This depends on many things, most notably the daily movement of the currency pair, for example if the EUR / USD daily is 120 points, then we have to calculate the rate of profit / loss, and I prefer the rate of profit / loss 2:1 or 3:1, meaning that the rate of profit to be 80 points and the loss ratio is a maximum of 40 points

rahul
2012-04-08, 01:16 PM
no we cant tell any values for SL unless we know the type of trader.
for a scalper no SL is required as it might get triggered easily than TP.

girish
2012-04-08, 01:22 PM
yes, for me many times power went off and i was not able to get connected.And finally when the power came i opened the terminal and i had got MC and my account was destroyed.

ritesh
2012-04-08, 02:45 PM
yes,you are right.SL should be decided with Support or resistance and they act as good one to determine.Even pivot points are also good in determining.so one can put SL based on this or specified values like ratio of TP :SL as 2:1 like that.It depends on traders need.

viky
2012-04-08, 02:54 PM
yes we can use support or resistance for stop loss or even SAR also.
mostly i will use pivot lines for determining the Stop loss and Profit levels. they are really useful.

Nabi Ahmed Gill
2012-04-08, 03:26 PM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

how many pips do you think
some of the many new member in this forex trading forum main pips sa ap ka loss safe ho jata ha is layia forex trading main sub sa achi bat yahi ha k ap forex trading main jayna or ap ko koi fadia na ho to phar ap ko koi fadia na hoa na is layia main ya kahata hoon ka forex trading main pipe ko used karana chayia is sa ap ka loss sopt ho jaya ga

rahul
2012-04-08, 04:26 PM
बंद करो हानि आप व्यापार की मात्रा पर निर्भर हो सकता है. अगर बड़ी मात्रा में व्यापार तो मैं 20 pips के बंद नुकसान का उपयोग करें. यदि मात्रा छोटा है .1 तो रोक नुकसान 60 pips करने के लिए ले जाया गया. नुकसान रोकने के एक सबसे महत्वपूर्ण बात जो हम याद है, जबकि एक व्यापार रखने के है.

rahul
2012-04-08, 04:41 PM
how many **** will be good for stop loss depends on market condition mainly. if you are volatility condition, stop loss should be 60 **** and if you are in n volatility condition 30 **** is good.happy trading

mita
2012-04-08, 05:40 PM
stop loss kay liay jitna pips laganay cheay wo aap kay trading style or equity per depend kertay hain. aksaar pro traders jin ka account millions of dollars kay hota hay wo to stop loss use bhi nae kertay.

mita
2012-04-08, 06:22 PM
Stop loss kay koi fixed pips nae hoti, ye sawal hi ghalat hay. asal may her trader kay apnay style kay hisaab say stop loss hota hay. Swing trader ka stop loss inter day trader say ziada hoga or issi tarah scalper ka stop loss mazeed kam hoga.

rahul
2012-04-08, 07:18 PM
your stop loss should depend on your risk appetite considering the lot size you are using, if your lot size is higher then your stop loss should be tight, but if the lot size is tiny you can go for a wider stop loss

girish
2012-04-08, 07:31 PM
for an effective stop loss we should first see whether it is a trending market or a very volatile ranging market, because any stop loss is never a good stop loss in a very volatile market, it will always get hit and close the trade unnecessarily

girish
2012-04-08, 07:42 PM
SL is not important as opening a good trade, the better your trading decision the better is the trade and more are the chances of earning a good profit, personally i never keep a loosing trade too long if the general market trend does not agree with my trade, sometimes keeping an SL closes a good trade too fast

sabutkelaparasaduren
2012-04-08, 09:15 PM
Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

yes, I quite agree with you. I do not like to use a fixed pips. it is a silly thing because there is no logical and scientific reasons. when we use support and resistance levels, at least we have been using both mathematical analysis and scientific.

Abdomhadi
2012-04-08, 10:17 PM
We all know that Forex is very risky. If we do not take the necessary steps, we will lose all our money. So setting stop loss just helps us to solve this problem. But to be able to perfect SL, we need perfect education on Forex and that depends on the amount of money that we will invest.

zahidrock
2012-04-08, 10:58 PM
I like to use 40 to 50 pips for stop loss. Because most of the time market move back after 25 to 30 pips. And in previous i was loss more balance with small stop loss. So i can make good profit with this stop loss.

sabutkelaparasaduren
2012-04-08, 11:37 PM
I like to use 40 to 50 pips for stop loss. Because most of the time market move back after 25 to 30 pips. And in previous i was loss more balance with small stop loss. So i can make good profit with this stop loss.


you believe that 25-30 pips can be hard bypassed by the market? if you type a scalper who takes small profits but often? because in my 25-30 pips is still quite easy to pass by a trending market. I think it would be better if you take at least 50

yogesh
2012-04-08, 11:40 PM
Some time 10 pips may be safer and some time even more pips say 25 can be considered unsafe, it depend on method which you use to trade calculate stop loss and target, if you are using pivot points, making entry at p1 you should set stop loss below s1, and if you are range trading stop loss should be below the lower bound of range.

nomz
2012-04-09, 12:20 AM
i use only 20 pips as stop loss and around 60 pips take profit. for that matter i wait for the trade longer so that i can catch the trade ate the extreme over bought or over sold position for safe trading and securing my strop loss and exposing my take profit

anoha
2012-04-09, 01:53 AM
For me it's a little different because I work Scalping....
This does not require a lot of points just 5 points other than the spread and I place my stop loss at 5% of the capital is no more at all ....

girish
2012-04-09, 12:11 PM
bhai sl use kerna hum per depend nehi kerta k hum ko pasand hey ya nehi. sl ek trade k liye bohot zeroori hey belkay aap k account k liye bohot zeroori hey, ager profit hota hey then good ager nehi hota hey to aap ka pura balance dao per leg jata hey phir tention hoti hey, aur account blow ho jaye to bohot hi ziaada ghusa ata hey

sayem
2012-04-09, 12:17 PM
I think it depend on your capital and business plan or strategy. if you trade long term your SL must be up to 100 pipes and for short time trade you should not up to 5 pipes. its all depend on your own target.

girish
2012-04-09, 12:38 PM
bhai mein time frame or candle stick k hisaab sey adjust kerta hun, ager chhotta time frame hey to definitely us hisaab sey pips bhi kam hon gey lekin agr bera time frame hey to sl k pips bhi ziaada hon gey

viky
2012-04-09, 05:35 PM
I think it also depends on each trader such as tolerance loss against the management of money, depending on the market at that time, maybe 35 points stop loss would be fitting.
good luck .

mita
2012-04-09, 06:01 PM
yeah i agree with you the position of stop loss depends upon the market condition.position of stop loss is very important than placing it.it also depends upon the volume of your trading

michael
2012-04-10, 04:13 AM
The stop-loss and take profit when I trade I specify at 40pips when taking the profit As for the stop loss I select at 60pips. real-time I like adventure more but relied on the way of peace in the Forex trading. But after I would bring a large capital can be adventurous. This is how my business in Forex. All friends in this trade have been taken in my way. So as not subjected to pressure when moving the candle.

marjuck
2012-04-10, 07:07 AM
it will depend on individual strategy. according to my personal strategy i use the support, resistance and fibonacci to calculate my SL. the condition is not always some in forex market. so it will be different on different stage.

sasa0220
2012-04-10, 07:31 AM
The way i decide my stopploss and take profit is by considering support and resistance levels. Fibonacci retracement levels also useful for doings. I some times use Pivot Points Resistance and support levels too. When i'm trading with shorter time frames this is very helpful.

forexgain
2012-04-10, 12:07 PM
stop loss should be far lesser than the take profit.; for that matter you will have to wait for the oversold or the overbought situations in the market. only in that case you can have a 20 pip stop loss and 60 pips take profit

kaji
2012-04-10, 12:47 PM
it will depend on individual strategy. according to my personal strategy i use the support, resistance and fibonacci to calculate my SL. the condition is not always some in forex market. so it will be different on different stage.

yes, to put the SL that we use in opening trade depending on market conditions at that time. if the market moves very quickly so we must put a stop loss order is not easily moved away prices.....

gava
2012-04-10, 01:12 PM
i think that is really too small to put the SL on around 6 - 15 pips only, better according to the analysis that we have make , don't use that small of the stop loss it can make you being dangerous on your trading

avi
2012-04-11, 12:26 PM
I prefer for me I work with a SL of thirty to fifty pips when I want to trade for a day or less. In case of long positions and for a week or more, the SL is hundred pips. Anyway, we all have different mindset with regard to all of them are SL strategy.

avi
2012-04-11, 04:49 PM
ledkin aap ketna pips stop loss ka liye place karte ho ? aapka target 30 to 50 pips hai. to kaya aap 100 or 150 pips sl place karoge ? or 70 to 100 ? that means target se bhi jayada ? mujhe determine karna nehi ata hai.

babu
2012-04-11, 05:37 PM
sl use karna mujhe bilkul pasand nehi hai and karna bhi nehi chahta hu,ma dekha ha ka market up aur fall bohoot karte hai ledkin market agar huge falll karta hai to wo phirse back bhi karta hai.ledkin uska liye wait karna parta hai.

dadaa
2012-04-12, 08:42 PM
I think the risk of three percent per trade is very smart and reasonable risk, the traders who take small risks succeed to protect their account balance that is the most important in trading.

babu
2012-04-14, 05:28 PM
agr aap scalper hain to phir to aap ka stop loss kafi small ho ga, balkay aksar scalpers to stop loss ko use hi nae kertay. phir agr app day trader hain to phir aap nearest support ya resistance level per apna stop loss rakhian. or agar aap swing trader hain to phir start ya end of trend per apna stop loss select karaingay.

avi
2012-04-14, 05:31 PM
According to my knowledge it should be greater than TP pips, But most of times i don't use Stop loss if we are trading with H1 then its better to have STop loss around 50 pips for H4 we should increase it.

dadaa
2012-04-14, 08:05 PM
I think, depends on several things, and his type of trader. How large it is relative. This kind of thinking and calculation is part of money management. Some professional traders set a stop loss is proportional to the take profit is 1:3, so the Stop Loss and Take Profit = 1 is 3. If you're trading in the 10 times that 7 times in a row worth 70 points (1x10x7), and you win 3 times worth 90 points (3x10x7) then in total, you still profit by 20 points.

Forexboy
2012-04-14, 08:13 PM
It is great for me to open a trade with a profit of 30-60 pips when I traded for a day or less. In case of long positions as one week or more, the profit is 100 pips. Anyway, we all have different mindset regarding profit in Forex.

sumonmia0526
2012-04-15, 04:51 AM
for long term trade can be 120-150 SL would be better and for short term should not more than 30 pips.but i saw several professional signal providers are giving only 50 pips of SL and 90pips of TP for their signal ..it's quite risky coz 50 pips can be turn possible in anytime or any moment