How many pips do you think is safe for SL ?

[hazem ahmed mohamed]

i think that it depends on the volume of the point you trade on and also i depends on your capital and your balance for me i usually trade with about 50 points as a stop loss as my balance is still small .

[asadkayani345]

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...
aisa depend karta he ap k acount mein mojood equity par agar equity bari he to ap stop loss 30 to 40 pips ka and agar equity kum he to stop loss 15 se 20 pips ka rakhna chahiyay.

[Fx-Yuri]

the medium stop loss vary from a trader to another and depend on many factor (balance ,lot size ,expected trade length) and it's the amount of pips the trader is ready to lose in the specific trade following his money management plan (Using a very small amount of the capital in each trade).

[rk225325]

mere hisaab se hamein 15-20 pips tak hi apna top loss set karke rakhna chahiye kyunki itna kaafi set hai aur agar aapko loss hota bhi hai toh itna loss thik hai.Main hamesha 15 pips stop loss set karta hun.

[jummygurl]

mostly the way i see it i think that best way to put your stoploss is to use a the lower low and the highest high around a support and resistance level when you are trading, but their are some times at which when you are trading that you might want to use 30pips to 50pips as your stoploss value their is nothingb bad in that in as much you are on the right trend

[pavais]

trading without SL should we do when we are big enough margin resilience, robustness margin when we were kids ready "just got MC.

[mircle]

trading without SL? ....
I think is fine to do, depending on each individual trading style ...
OP maybe if one can use martingale system ...
but must consider the factors of his MM

[uknim]

It's called desperate, SL is using that entire equity!!! be ridiculous if taxable MC just because of the position of the OP except those with no use SL it is closed manually open positions klo weve done is not profitable (usually difficult, because emotions really be mocked)
professional traders usually use MM (Money Management) in order to find the green, it's advice that I know of to read and read. that determines a person's true trader is actually what the heck? traders who do not use SL? klo so I chose a casual trader, do not be true anyway MM used right

[sammy]

i think what newbie traders make a mistake is that they calculate how much they can afford to risk per trade and then give a trade. it shouldnt be like this.you should give your sl below a solid support and then position yourself accordingly..

[abnoman]

I think stop loss is very power in forex trading . so realizing the market movement you have to decide how many pips will you give stop loss.


Thanksll

[Jack]

i am a mini long term trader. so i think 50-60 pips is good enough . but it various with situation . sometimes i give 25-30 pips stop loss if i think situation is in my favor. sometimes i don't give stop loss to avoid spike.

Yes, i am also put stop loss with 50-60 pips and it is choice for my short term trading plan. Traders can choose stop loss level as per market situation, sometime i make stop loss as per market support level and my analysis. When i opened trade for long time, my stop loss is always set for 800 to 1000 pips.

[zahidrock]

i am a mini long term trader. so i think 50-60 pips is good enough . but it various with situation . sometimes i give 25-30 pips stop loss if i think situation is in my favor. sometimes i don't give stop loss to avoid spike.

If you thinking for long time then you need to use long pips for stop loss. Because if you use short stop loss then market easily can touch your stop loss point on short time.

[AJAY]

me to trading kerte time always 20 pipis hi chahta hun, isliye me ye kehna chahunga ki mere khyal se 20pips safe he stope loss ke liye, jisse hume jada loss nahi ho, aur ek acha profit mil jaye.

[suneetha]

Using trailing stop and fixed sl has each advantage and disadvantage, in my opinion of use trailing stop with setting 15pips, possibility will hit sl is higher, because if look in 15min timeframe price movement up and down around 20pip, but its good if in trading market to lock profit.

[solidperson]

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...

all actually will depend on the market condition and our analysis perfection ...but i used 15 pips of sl for scalping maximum time obviously TP will set for 7 pips and for long term trade i use 40-90 pips for making 50-120 pips TP ..all depends on my perfection

[rk225325]

mere hisaab se 15 pips tak stop loss set karna thik hai agar aap short term trading kar rahe hai toh.mai toh hamesha 15 pips ko hi safe samjhta hun kyunki isse jyada loss mujhe achha nahi lagta.

[vanigota1]

It is true that spending more time on trading or monitoring the trades does not ensure best results as a trader should spend more time on doing the analysis and study and learn about the markets which will get better results for a trader .

[vanigota1]

It is true that when a trader is able to make consistent and regular profits in demo account and have learned his trading style and different indicators and is confident about his trading that is a signal that he is ready to trade in real account .

[vanigota1]

Is it 0.05 or 0.50 lot size you are talking about and now you are talking about trading a standard lot which means 10 $ a pip and if you have the right experience then it is a good thing to do .

[vanigota1]

To avoid margin call or blowing off your account a trader must choose his lot size very carefully based on the leverage and amount of equity in the account and should place all the tools of money management to reduce their losses and increase their profits .

[vanigota1]

I think to follow this it is very important for a trader to place stop loss and take profits before he performs his trade and after the trade is over they should first look if they made profits or loss and if loss then they should try to find the cause of the loss and try to fix it .

[vanigota1]

Well I always look at different charts before I place my trades and also go through certain news updates and see the support and resistance levels and do my analysis and perform my trades based on the same.

[vanigota1]

it is good to compound your profits and increase your investments as if you want to maximize your profits you need to increase your lot size but you should do it only when you are able to make consistent and regular profits and until then you should withdraw your profits.

[vanigota1]

It is not always that the brokers who offer higher deposit bonuses are scams as many brokers want to attract more and more clients as a business policy and there is no harm about that. Brokers want to increase their client base and they offer more bonus on deposit.Also a trader must make sure that the broker is reputed as well as regulated.

[vanigota1]

A trader or any member who posts in this forum for bonus posting needs to perform profitable trades in order to be able to withdraw their profits that they make from trading and it is a good opportunity to learn and also earn some money.

[vanigota1]

Well I have never withdrawn money from Instaforex and since you have done it and now you say that one can not withdraw from Insta using paypal . Are you sure about the same ? Please share here in detail.

[vanigota1]

Patience , discipline , knowledge , money management are the only magic wands that work in these markets and are important for any trader to make profitable trades and apart from that there is no other magic wand.

[vanigota1]

Many a times markets start to move on rumors which is spread somehow or also many traders anticipate the news release or impact of the news release and trade accordingly so markets move on the basis of the same.

[vanigota1]

The biggest advantage of leverage is that it enhances the trading abilities of any trader and specially the traders who have less investments or less capital and good skills can use the leverage to make more profits.

[vanigota1]

The primary aim of all the forex traders is to earn money and they want to maximize their profits and earn maximum returns on their investments and also at the same time enhance their skills as well.

[vanigota1]

If you want to risk not more than 5 % of your total investments which means you can risk 5 $ at a time on your trades as your investments is 100 $ and in this case you need to choose your lot size depending on the stop loss levels you want to place and for how many **** .

[vanigota1]

It requires a patience , disciplined and a fresh mind which should be relaxed and calm to be able to perform quality trades so if a trader is tired he can not perform profitable trades so it is better for a tired trader to stay away from trading.

[vanigota1]

I have seen few women traders or members who post and I assume they must be trading as well by looking at their quality posts and I feel that women must be good traders as well. I can not comment who will be best men or women.

[vanigota1]

Demo account will prove effective for a trader only when he takes demo account seriously while he practices and treats the money in it as real money while practicing.The results he will get then will be good and same results will be there in real account.

[vanigota1]

Do you mean using two time frames for one trade or same trade ? Well if you mean the same then it is totally wrong and you might suffer losses as you will get two different signals which will only make you more confused.

[vanigota1]

I think a experienced trader is a better person who can control his emotions well and with all those years in the markets and losses and profits nd lessons learnt he is in a better position to trade and trade emotionless.

[vanigota1]

It is in the nature of these markets and risk is a part of these markets and a trader needs to work hard to minimize their risks and reduce their losses so all the strategies and methods a trader forms work in the same direction to lower the risks.

[vanigota1]

Just because you are a part time trader and want to trade full time your decide to use a EA or give your account to another trader , in both the cases you might loose your money so it is better to trade yourself.

[vanigota1]

It does takes time to become a successful trader or become a millionaire and it requires a slow and steady approach as there is no short cut to success and a trader should not try to become rich overnight.

[vanigota1]

Traders must take demo account seriously and while practicing they must treat the money in it as real money and then practice in it as when the results you get in demo account will be real and same results will be there later in real account.

[vanigota1]

Trading is a serious business and it is just like driving a sports car and serious diversion or loss of concentration can cause accident and drinking is the factor which can diversify the concentration of a trader as he can take wrong decisions in influence of alcohol. So drinking and trading do not go well along together.

[vanigota1]

We can not say which one is more harmful either fear or greed as both fear and greed are the worst enemies of a trader in forex and a trader needs to overcome both these emotions. Fear stops a trader from trading at right time and greed refrains a trader from exiting at right times.

[vanigota1]

Forum actually does not update you on the fundamental news of the markets as there are certain news channels like CNBC and Bloomberg USA which can do so and also certain websites but apart from that forum are a complete package as you mentioned for a newbie to learn from.

[vanigota1]

It is true that more than 95 % of the traders loose money in these markets and success rate is less than 5 % so traders should focus on becoming a part of the elite group of successful traders by working in the right direction .

[babulal]

Yes indeed traders need to place stop losses based on their risk to reward ratio and based on the profits they want and percentage of capital they want to risk.It has to be decided by trader himself before trading.

[vanigota1]

I think in Scalping daily profits are not possible as scalpers perform many short term trades in the market and then they calculate the um of their trades and it is quite possible that there are few days when even experienced traders have to suffer losses.

[vanigota1]

It is true that there is no boundation or requirements to be a forex trader and anybody can join forex and start to trade. There is no course or minimum qualification required and traders can become successful by gaining knowledge and experience in these markets.

[vanigota1]

It is true that luck can only win a trader few trades as luck has a very minor role in forex markets so a lucky trader has less chances of making profits than a experienced traders.So a trader with more knowledge makes more profits than a lucky trader.

[vanigota1]

Different traders have different trading styles and for some trader short term trading is profitable and for some long term trading. I feel long term trading is more profitable. A trader must stick to his trading style and do whatever he feels is good for him.

[vanigota1]

Every human have different emotions and that is not bad or there is nothing wrong about it and it is just that different emotions are there and all emotions are not good or suit everywhere and can affect a trader and the outcome of his trades and emotions like fear , greed and anger are harmful for trader and they need to be controlled.

[vanigota1]

This is the minimum requirement for a trader and he should be minimum 18 years of age to be able to perform trading and all the brokers ask for verification and identity proofs.

[vanigota1]

Hedging is good way to trade if you are not sure about the markets and want to enter a trade until the trend is clear whereas stop loss is useful when you want to minimize your losses while trading.

[vanigota1]

It is nod bad at all to know about few currencies and trade in them but one must understand that trading in each pair requires complete analysis so a trader must take one currency one by one and try to master them.

[vanigota1]

There are 2 ways of looking at things and one way is saying glass is half full and the other way is glass is empty. So forex forum does not prevent a trader from being a Zero but it helps a trader to become a Hero.

[vanigota1]

EURUSD is more volatile and traders prefer to scalp in this pair and there is no doubt about it that this pair is highly volatile and the trading volumes are higher because of higher liquidity and also the pip movement is higher , that is the reason it is the most preferred pair by the traders across the globe.

[vanigota1]

I agree with you mate as it is very important to have a good knowledge and a better understanding of these markets and a prior experience to trade in volatile markets to perform profitable trades otherwise traders should avoid trading in volatile markets.

[vanigota1]

Also we can rephrase and say loss is not the only way to get experience in forex markets but it is a good way to get experience in these markets as traders who learn from their mistakes and work on them go on to become better traders.

[vanigota1]

I think you are talking about averaging your trades or your purchase as you mentioned buy in every fall. Also you need to make sure that you need to have more funds in this case and to hold it for a longer period of times as gold can move 1000 **** in one direction in a single day.So be cautious if you trade like this.

[vanigota1]

When you experience margin calls for few times and like in your case you had it 5 times , so it is better for you to trade in small lot size by using small capital and trade slowly by making some consistent profits.

[vanigota1]

Addiction to anything is not good as it makes you used to it or you can not live without it. So addiction of anything is bad and be it forex. A trader finds it hard to leave forex as he has spend all his efforts and money and when he looses he tries to recover his money back and he does not quit until then.

[vanigota1]

You habe the right approach and attitude mate and keep it up. It is better to trade with your analysis and not rely on anybody else for it which means that you have trust and confidence on your abilities and skills.

[vanigota1]

A trader who takes his demo account seriously while practicing is the one who gets same results in real account as in demo account and traders who do not take it seriously get profits in demo account but the results are opposite while trading in real account.

[vanigota1]

This is exactly the way a trader must approach in these markets and should not right away aim at becoming a millionaire and first aim at making some regular income by earning consistent profits and then think about maximizing your profits.

[vanigota1]

Only very few traders who are really successful and experienced and have very good knowledge of these markets will be able to make such kind of profits everyday on regular basis as it requires a great deal of knowledge and experience

[vanigota1]

It is true that a trader should be old in forex trading which means he should have more experience in forex markets. A trader might be 40 years of age but he is in forex from last 1 year whereas a trader is 25 years of age and he is in forex markets from last 5 years so a trader who has more experience in these markets will perform better.

[vanigota1]

You need to trust and believe in yourself and at the same time have confidence in your skills and abilities and anything you do to perform better trades. You will definitely meet success and I wish you best of luck .

[vanigota1]

It is true that a trader must know the right use of indicator while trading and at the same time he must also know that which indicator to use and which one will work well for him and he needs to learn few indicators first in demo account before he chooses few for himself.

[vanigota1]

There is no point doing hedging when you already have a trade running in negative loss and you need to analyze it further to make a decision either to keep it running or book your loss right away.

[vanigota1]

Slow internet connection and also at time re quotes is one of the few problems which even i hate the most in forex trading and I would like when the trades are carried out faster and instantly on current market prices to be able to make a good entry for my trades.

[vanigota1]

Emotions is a mind set of a trader and a thought process which is good to have. It is just negative emotions impact the outcome of a trade for a trader and his negative emotions can not be eliminated completely but a trader can try to control them to maximum effect to perform profitable trades.

[vanigota1]

Very well said mate as there is no end to forex and these markets will stay for ever so if a trader wants to end trading or quit these markets he does not have to wait for the forex to end but he can choose to quit these markets himself.

[vanigota1]

You have lots of bad habits while trading so you need to work very hard to make profits in this market and first try to control your emotions by trading with money management and rest everything will fall in place by itself.

[vanigota1]

When you are already in loss that is the best time to trade in forex for any trader and further more placing more trades is not a good feeling either as previous loss is still fresh in the mind

[vanigota1]

Price re quote is one of the major problems which many brokers have and a good broker should not have the same problem and most important must ensure smooth withdrawal for their clients.

[vanigota1]

Analysis from different brokers might only make you more confused as considering and trading with different signals will confuse you more and moreover when you loose you will not know which was the cause of your loss. it is better to trade with the signals you get from the indicators you use , so use 2 - 3 indicators on stand alone or combination that works well for you.

[vanigota1]

When the traders trade during the whole week , the actual deliveries need to take place and inter bank settlements needs to b done which requires the prices to be stable so forex markets are closed on Saturday and Sunday.

[vanigota1]

A trader needs to stick with the indicator he uses often and makes profit by using it and not try to try different things. Also there is a separate indicator to figure out the trend reversal and that can be used to figure out when the trend is changing and then a trader can enter a trade.

[vanigota1]

I think Parabolic Sar helps more to figure out the trend reversals and MACD infact is the best indicator for a trader to consider while performing scalping and he can consider 1 minute or 5 mins chart to do the same.

[vanigota1]

Although it is good to compound your investments and grow them in order to trade in big lots later but since these markets are risky a newbie trader can win one day and next day loose both his profits and trading funds , so it is better to withdraw the profits as and when they are there.

[vanigota1]

Emotions are a part of mind and it is a though process going on in the mind and it is quite human to have so. Also it is not possible to eliminate emotions completely but a trader can control his emotions which have negative impact on the outcome of his trades.

[vanigota1]

If you are greedy then you should use higher leverage as it will enhance your trading capacity and enable you to make more profits. Losses happen due to trading in high lot size and not using proper money management.

[vanigota1]

I think if you have to choose between take profits and stop loss then the key to success is stop loss. Also let me tell you here that both are important in profitable trading as one helps in controlling greed and other in fear.

[vanigota1]

Yes you are right as in demo account a trader can try anything he wants to do or any plan he wants to rest as there is no risk of loosing money , so he can try and test anything he wants and then choose what is best for him.

[vanigota1]

A trader can open many positions while trading with lower leverage provided he uses a lower lot size for his trades. This will enable trader to trade in multi pairs or open more positions at the same time. Lower leverage is a hurdle for profitable trades.

[vanigota1]

A good trader always takes loss as a learning opportunity for themselves and try to learn from their losses. So a trader should try to find the cause of their loss and work on them to avoid same mistake in the future.

[vanigota1]

A trader should have courage to invest in these risky markets and at the same time have abilities and skills to trade in forex. He should be able to control his emotions but also have a strong trading mind set to make maximum profits in these markets.

[vanigota1]

Inability to make decisions or make right decisions at the right time is also a major cause of losses for traders. You have brought a good point as many traders hesitate to trade even though there analysis is correct and this can happen due to lack of confidence as well.

[vanigota1]

Trading with mobile is fine when there is no other option as you are travelling or on a move and you do not have a computer and you have a good opportunity to trade , so at that time you can use your mobile phone and perform or place your trade.

[vanigota1]

Yes it is always better to take a short break from forex trading and try to get your positive energy back by rejuvenating yourself and doing things that you like which is good for you.

[vanigota1]

You need to click on the trade performed and then in type of orders choose pending order and then place the SELL limit or BUY LIMIT for your trades and they will get auto executed when the price is hit.

[vanigota1]

Your account has capital that you deposit in it and on top of that brokers offer you leverage which enhances your trading capacity ,and when you trade in big lot size and you have negative float in that trade and market reverses more , so due to lack of funds to keep a balance the trade gets auto closed and that is called margin call.

[vanigota1]

Good signals will give you a better idea about the current market trend and give you a direction for your trades but not signal about what is perfect stop loss for your trades. That you need to decide yourself based on your trades and profit targets as well.

[vanigota1]

Your PC should be good and should support trading software with good amount of RAM and a good processor and should be a updated computer and of course you require a secure internet connection as well to do trading and executes faster and Instant trades.

[vanigota1]

It is good to trade with posting bonus but you should remember that it is your hard earned money as well and you should be careful before you invest or perform your trades and choose your lot size wisely.

[vanigota1]

Economic calenders is the best way to do fundamental analysis for any trader and go through the economic data of past times which can form the basis of your trades to perform long time trades.

[vanigota1]

Forex trading can turn rewarding when the traders are willing to learn from their losses and when they work on them and try not to repeat the same mistakes.Losses are a good opportunity to learn for a trader .

[vanigota1]

You made losses in demo account and still continued with same strategy in real account and I think that is your biggest mistake and you should have tried another plan and practiced again in demo account before trading in real account.

[vanigota1]

The only magic wand in forex is money management and the way you move the wand or use money management decides the outcome of your trades in the form of more profits.

[vanigota1]

Not placing stop loss for your trades which means not trading with money management is the biggest mistake a trader can do in these markets. No trader can survive in these markets without placing proper stop loss to their trades.

[vanigota1]

I do not agree with you that bonus account traders do not care for their capital. Well this is not the case as money earned from bonus posting is our hard earned money and profits earned from them are subject to withdrawals . so we need to trade with caution.

[vanigota1]

Yes this is true that when we loose and experience margin call due to some mistakes and we loose a good opportunity after that , we do think in a way that we will not repeat the mistake in future which is a good sign so in a way losses are the best way to get experience.

[vanigota1]

When we say it is used to test our strategies and practice it as well then money management is a part of trading strategy and we apply all the tools and see how they work for our betterment.

[vanigota1]

Web trading is more faster and accurate that is why it does not give any re quotes as trades are executed much faster. Also meta trader 4 is the best option for the traders who do not want to do web trading.

[vanigota1]

These markets test the traders and their abilities and skills , their patience and discipline , their emotions , their trading plan and their knowledge and experience too is put on tests most of the times.

[vanigota1]

This is one of the reasons as well that forex will exist as we exchange currencies and also since there will be exchange of goods and services in the world and payments have to be made, forex will exist till then.

[vanigota1]

Markets do move in few **** in both the direction so the reason of putting stop loss is to avoid higher losses if markets reverse more but that does not mean that traders should place stop losses too tight or too close.

[vanigota1]

You need to trade in these markets with cool mind and not burn in these markets. To avoid burning just perform your trades with proper stop loss and take profits and relax while trading.

[vanigota1]

In the beginning there are 50 - 50 chances of winning or loosing but a trader needs to maximize his chances of winning and make it one sided and increase the success rate to 70% - 80 % to be successful.

[vanigota1]

Yes are right as big players take actual delivery of their trades so they just do not trade on the basis of few indicators or trend but they have a long term prospect in mind before they perform their transactions.

[vanigota1]

There is no harm in earning while learning and students can learn about forex in their part time and without compromising with their studies.A student can learn and trade forex and take care of some expenses and at the same time can enhance their skills.

[vanigota1]

With 12,000 $ equity you are talking about 5 % profits and i think it is too risky and this profits everyday is not possible as you need to keep in view your losses as well. With 5 % everyday you are talking about doubling your investments in 20 days and thereafter further more in same way. It is unrealistic target.

[vanigota1]

I just wanted to ask you if you were a newbie trader or a experienced trader and if you are a newbie then you should not be ashamed of trading in cents account as this is the best approach until you are able to make consistent profits.

[rk225325]

mujhe lagta hai ki hamein jyada 15 ya 20 pips tak hi stop loss ko set karke rahna chahiye kyunki agar aap short term trading kar rahe hai toh 20 pips tal SL thik hai par agar aap long term trading kar rahe ho toh aap 40-50 pips tak set kar sakte hai.

[mirror]

Which is suitable for any pips stop loss can not be determined because of the unique method of investing your current stoploss. If you are a dealer that the lengthy process of a scalper that you will be seeing. Support and resistance level is set to stop when they lose, they should add the extra few pips. You and your balance on your trading style, you can use according to your stop lose.

[fiztrd]

it depends on the capital you have and the trading strategy that you make use of ...
its better to keep sl safe and if you can keep or hold losees and you have enuf capital for that then you can keep sl accordingly ..

[szerafedi]

For me I installed the SL 50pips maximums, to give rooms to moving 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 really !!

[ishvara]

it depends on the capital you have and the trading strategy that you make use of ...
its better to keep sl safe and if you can keep or hold losees and you have enuf capital for that then you can keep sl accordingly ..

The SL that we should set in forex trading does not depend on our account balance, it depends on our trading strategy. LOng term trader and the short term trader does not set the same stop loss in pips when they are trading.

[mkape]

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...

Yeah thats very true,price action is one signal to look for,don't place stops where the price is very likely to sweep it and you should take your positions such that you don't risk more than you are prepared for,we need to take positions at support or resistance and place our stops away from them,the number of pips will depend on the strategy that you use

[rk225325]

main jab bhi trading karta hun tab main hamesh stop loss ka use karta hun.main hamesha short term trading karta hun isliye main hamesha 15 pips tak hi set karke rakhta hun aur agar long trading kiya toh main 30 pips tak set karke rakhta hun.

[sagda]

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 think in order to stopped the loss or more specific term that underestimate the risk rate is 50 points safe to stop the loss and ithink it is less than 50 points will be higher loss ratio

[mondemonde]

hi everybody,
in my opinion the best pips to sell is 10 15pips ...
and it also depends on capital

.
good luck to all members

[ranno]

i think the best point for SL is depend on your strategy and depend on the pair which you use to trade, if you use volatile pair, maybe 50 pips is good for SL, if you use stable pair, maybe 30 pips is good for SL

[vanigota1]

good advice..forex forum is one of the best knowledge sources..we can take advantage of experienced trader and also there is numerous thread for individual query and new things of forex that helps to gain a trader rich knowledge

[vanigota1]

we should combine both fundamental and technical analysis to the our trading,,we cant rely only one of them and to make good trading we must have knowledge of all parts of forex

[vanigota1]

forex mein income ki consistency nahi hai jisse use full time karna risky hoga..aur part time se hume reasonble income ho sakti hai.....isliye part time karna chahiye....

[vanigota1]

forex is my passion and also we should not forgot the past..millionaire is different thing ,and we should continue our trade since we are profiting thats why we hv become a millionaire

[vanigota1]

there is no possibility for being a millionaire in overnight...to become millinaire u must have sound equity and knowledge with hard work... millionaire is not a small things to achieve

[vanigota1]

in the beginning time of new forex trader he is quite unstable to doing a like a professional trader..analysis or other things is yet to be learn by newbie and also there is needs of more learning through demo account while starting a real trading

[csazerta]

I believe that 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 lossing really !!

[ashu912]

see there is no fix number of pips that you can set in stop loss. It strictly depends on your investment, your volume and amount you afford to loose . Generally 20-30 pips are fine for stop loss . You can go further than this if you can afford to loose much..

[newentry]

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.

agree with you, some of traders will use support and resistance as the point to set stop loss and take profit, and also with see the market condition too, we need to think with flexible and especially for scalper, they have to see the market with clearly for making decision in a short time..

[perez]

using SL or not in forex transactions are actually hanging from each style or strategy used .. as long as it can make a profit in a consistent and stable and can maintain the accounts of the MC is not actually a problem as well ..

[maryam]

do not use SL is not necessarily true traders ...,
reply for beginners not use SL for fear of SL hit her in the hope prices would definitely return again and would not dare to cut loss finally see the MC ...

[nedlloyd]

ya i think you just on point on this issue, but in my opinion i think sl should be based on your risk to reward ratio because with this you know what to expose base on what's in for you...

[ishvara]

I believe that 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 lossing really !!

The amount of the stop loss that we set in our forex trades mostly depends on our strategy that we are applying in our trading. Day traders use stop loss of about 50 pips and long term traders set a stop loss of 300 pips in their trades.

[Chelsea91]

it depends on your trading style and the pair you are trading, but anyway i think that stop loss can't be less than 30 pip in the major pairs like EURUSD and 50 pips in the JPY pairs specially GBPJPY as they have higher volatility

[vanigota1]

I think every one should do that in demo account just take the amount same like what he want to deposit in real platform and test his trading style and consistency in Forex if it come nice than go to deposit money into real platform for good deal, cause before testing our-self it is very risky in Forex I think. Thanks

[vanigota1]

at least, the indicator can be used a reference to a decision. can not be 100% correct, but in my opinion, an indicator of great help to me in trading. I still depend on the indicator, because it has not been able to open a position just based on price alone.

[vanigota1]

aapne bilkuk thik kaha..mt4 me 3 hour ka chart nahi hota..isme 1 hour ka hota hau 4 hour ka hota hai aur fir 1 day ka hota hai
4 hour ka chart bahut effective mana jata hai trend pata karne ke liye..4 hour chart se aap long term ka trend bhi dek sakte ho aur intraday ka trend bhi dekh sakte ho

[vanigota1]

aapne bilkul thik kaha..forex me bahut zada scam hote hai jis wajah se koi bhi trade forex me badi investment karne se bahut darta hai
jab tak apko apnr broker pe bharosa na ho aapko usme koi bhi badi investment nahi akrni chahaiyr aur na hi apna koi document bhejna chahiye

[vanigota1]

Mujhe ye stratgy kafi achi lagi
lekin me pehle isse demo account me apply akrke dekhunga uske vaad hi real account me apply karunga..me har strategy p[ehle demo me hi apply karta hon taki usme jo bhi kamiya ho wo shai akr saku uske baad hi real account me lagata hon

[vanigota1]

maine ye stratgey demo account me use karke dekhi aur mujhe kafi zada faydemand bhi lagi
ab me soch rahah on ki is week is strategy ko real account me bhi shuru karke dekhunga

[vanigota1]

forex se bahut apise kamaye ja sakte hai..is baat me koi bhi doubt nahi hai lekin apise kamane ke liye traders ko bahut hi soch samjh ke aur study ke stah trading karni hoti hai..aisa karne wale traders hi forex se paisa kamate hai warna yaha pe zadatar traders loss me hi jate hai

[vanigota1]

forex me invest karna hamehsa hi faydemand hota hai agar tarder ki trading skills achi ahi aur wo forex ko poore man se karta hai
lekin apko apne broker pe bhi bharsoa hona chahiye ki wo koi scam nahi karega..itne bharose ke baad hi aapko apne broker pe pas badi investment karni chahiye

[vanigota1]

aapne bilkul thik kah..MACD aur sochastic bahut hi ache aur acurate trading indicatirs maane jate hai
inke alawa agar aap RSI aur momentum ko bhi jod ke trading karoge to aapke profit ke chanecs bahut zada bad jayenge kyunki ye indicators bhoi bahut ache aur faydemand maane jat hai aur inki madad se bahut traders paisa kamate ai

[vanigota1]

forex me profit kamana aapke trading style pe aur apki study pe depend karta hai
agar aap market ko thik se analyse kar ke trade karte hai to aap bahut paise kama sakte hai...agar aapki study achi hai to loss ke chances bahut kam ho jayenge aur trader bahut paia kama lega

[vanigota1]

aapne bahut sahi kaha..forex me daily profit trader ke trading style pe aur uski trading skills pe depend karta hai
kayi traders aise hote hai jo ki roz 100-200$ kamate hai ya isse bhi zada kamate hai jabki kayi traders roz loss me jate hai..jiski skills achi hai wo zada paise kamayega jiski skills bekar hai wo loss me jayega

[vanigota1]

me bhi [ehle stock market me hi trading karta tha..maine kayi saal usme trading kari uske bad foprex shuru kiya..mujhe forex bahut hi behtar laga stock market sek yunki forex me kam investment me zada paise kamayae ja sakte hai aur isme stock market ki tarah wait bhi nahi karna padta profit ka

[vanigota1]

Meri trading roz alag alag hoti hai kyunki me kayi paiors me trading karta hon aur pairs ki movement roz alag alag hoti hai
har pair ka tp aur sl bhi alag alag hota hai aur har bar profit bhi alag alag milta ha

[vanigota1]

demo account me trading karne se trader ke bahut sare doubts clear ho jate hai aur usse pairs ki movement aur volatility ka bhi andaza ho jata hai jis wajah se usse real account me bahut fayda hota hai..jo bhi trader demo account me

[vanigota1]

forex trading har tarah se stock market se achi hai kyunki forex trading me paise kamane ke chances zada hai jabki stock market kafi slow move karta hai aur isme investment bhi abhut zada chahaiye hoti hai..jo bhi trader forex me trading karta hai usse stock market me investment achi nahi lagti

[vanigota1]

me aapki baat se sehmat nahi hon..agar aap 3-4 lots me trade kar rahe hai aur stop loss laga ke trading kar raeh hai to aap kam equity me bhi kaam chal sakta hai..stop los lagane seaapke loss bahut limited ho jate hai jisse ki trader apna money management bahut ache se kar leta hai.

[jmsblack18]

see there is no fix number of pips that you can set in stop loss. It strictly depends on your investment, your volume and amount you afford to loose . Generally 20-30 pips are fine for stop loss . You can go further than this if you can afford to loose much..

That is right. That is depend on how you are trade and especially of your strategy. Don't ever listen to other people to set your stoploss or take profit because other people number of want to afford their loss is not same for other people. Determine your best stoploss with see your capital and margin you use to open position and most important don't ever forget about your management of risk.

[the antz]

Since the market volatility average for major pairs is around 100 pips, maybe 20 pips is enough because it's already 20% from market daily volatility. When it hit stop loss, it means our prediction missed and we don't need to suffer more losses.

[natasha]

i think that if you want to put your stop loss at a good point then i think that you need to be doing a good practice on demo account and also you will have to be choosing the level of stop loss according to the market volatility and will have to be good in risk management

[ahyawa]

According to my knowledge, there must be greater pip TP, but most of the time I do not use Stop loss if we trade with H1 then its better to have about 50 pips loss STop H4 we should increase.

[dmambi]

Stop loss setting depends on the volatility in the market, traders risk taking capacity and lot of other things and i feel there is nothing like safe setting. Still we can say that stop loss setting for 30 to 50 pips can be done for a better trading.

[didir88]

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've never use a stoploss and Take profit..because I don't want entry the market when I'm not sure about it..when I entry at the market i just only setup my trading plan with a 10% risk from my balance..I feel its more safety ..thats my opinion my friend..:)

[slametzz]

i think that if you want to put your stop loss at a good point then i think that you need to be doing a good practice on demo account and also you will have to be choosing the level of stop loss according to the market volatility and will have to be good in risk management

I agree. we have to put a stop loss accordingly. many events before the price past the point of take profit has touched your stop loss. and we are experiencing a loss. we must learn to use well managemen risk. to avoid large losses,

---------- Post added at 12:30 AM ---------- Previous post was at 12:27 AM ----------


i think that if you want to put your stop loss at a good point then i think that you need to be doing a good practice on demo account and also you will have to be choosing the level of stop loss according to the market volatility and will have to be good in risk management
I agree. we have to put a stop loss accordingly. many events before the price past the point of take profit has touched your stop loss. and we are experiencing a loss. we must learn to use well managemen risk. to avoid large losses,

[sweetrevenge88]

When you set your stop loss too tight,meaning 10 or 15 pips only the market can easily hit that. I have bad experienced with tight stop loss that is why i am setting my stops at 20 to 30 pips because that would take time to be hit by the market unless there is abnormal spike going on.

[jamshaid ali]

Stop loss is totally depends on the situation of the make , if you think you can make profit out of it than you should continue and if not you should stop it what is your loss limit..

[echowdhury]

Stop loss is a very nice concept for saving big loss but I do not use stop loss because I know that if I trade a wrong place and my money management is good so one time market turn back and get me profit. So for this reason I do not use stop loss. If I do it so I get loss but strong currency turn back.

[atjashim]

In the first time I was use 20-30 pip stop loss for every open order. But now at this moment I have change my stop loss plan for my trade. Now I am use my stop loss point to the nearest support or resistant label. And I hope that is is more profitable from my previous system.

[nadimin]

well main apna sl pips ke hisaab se ni rkhta. main last support or resistance k hisaab se sl set krta hu..lekin jab mere trade proft me hota hai to me apna sl change kr k trade open price se 4-5 above set kr deta hu....I think better to install the SL between 30-50 pips.

[ITECT901351]

I think it is depend on you strategy.But most of the time i use 50 Pips for my stop loss but if you see clearly then you will see that market most of the time come after moving some pips.So we should use stop loss depending on our analysis.Most of the time i wait for 100 or more pips and see market come toward again and get profit so i think it is depend on the analysis.

[Redcandle]

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...

In my opinion, there is no pips for safe in setting stop loss. The way you set it base on your strategy completely. if you trade in short term ,it cold be less for you. but when use trade in long, you must set it large for bounce of price if it happen. Using Pivot is good for stop, too. Set it under or higher several pips pivot levels.

[xoazhar1]

Dear meray kiyal mian 10%sl kafi hota hai main gold main trading karta ho mera account blance 500$ hai aur main sl 50 pips ka daita ho ager market bhot down ajaye to kabi kabi main sl ziada long kar laita ho lakin 50pips say kabi kum nahi raka

[viana]

It totally varies depending on your strategy.

20 pips sl can be too big and at same time, 500 pips sl can be low. It depends on which timeframe you are using and your risk:reward.

For my intra day trades I target 70-100 pips and use sl 50 pips in most cases.

[selena]

It totally varies depending on your strategy.

20 pips sl can be too big and at same time, 500 pips sl can be low. It depends on which timeframe you are using and your risk:reward.

For my intra day trades I target 70-100 pips and use sl 50 pips in most cases.
well, i think 500 pips cant be low for SL, no matter what our strategy, because the market is rare move more than 500 a day, but i agree that SL is depend on our strategy, we can use 20 pips, 30 pips, or more, depend on our strategy

[lokhnath]

I think there's no specific Shining Path and TP and it rely totally on dealer and his/her strategy and rely upon what proportion balance there . on behalf of me sometime i choose thirty pips and someday additionally fifty pips and it rely upon market however perpetually place same in tp and Shining Path...

[takahara]

it all depends on your margin strength, better if you play long term sl can use as much as 20% of capital but if scalping 20 pips can be used as a benchmark. back to the traders who know the capital of each.

[lokhnath]

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 friend i think it depend in trader trade price . but I want to say for new trader , 10-25 pips is safe for new trader . they can be use stop loss for make profit easily ...

[pavais]

by SL touched the well should change again ... SL more or less precise less so ..
determine SL same as determining risk factors, and that's part of the trading system that can not be abandoned

[muna1982]

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...
your opinion is quite right. i want to add that the stop loss depend on the strategy one using. we have to keep in mind that we have make profit from forex. so if we can win in two trade and loss in one trade then on average we have make profit over this three trade. so it tp for two trade is 50 then total win = 100 point, so my sl must be below 100 pips that i got the difference as my net income. so we have to think combined according to my strategy that how much my gain in a week or in a definite point change.

[uknim]

Professional traders always use SL in any trading. In addition, they also limit their losses in the range of 3% of the capital they have.
So, that's what distinguishes an amateur trader trader with prof.

[andyfx]

mostly i use 50-60 pips for my SL. because i use daily trading in EUR/USD, my TP is 30 pips and my SL is 50-60, then my ratio is 1:2. i think it is good enough for good money management and risk management

[rivera]

mostly i use 50-60 pips for my SL. because i use daily trading in EUR/USD, my TP is 30 pips and my SL is 50-60, then my ratio is 1:2. i think it is good enough for good money management and risk management

yes, 50-60 pips is a good SL for EUR/USD because this pair is really volatile it often more than 50 pips per day, so i think 50-60 pips is good for SL. i trade in EUR/USD also, and use 59 pips for my SL

[suyati]

if i use approximations to assign points sl sl = I will use as my tp tp 50 pips then sl that I use is 50 pips as well, but I generally use the analysis so sl based signal where if the market is in contrast to my position then sl I will be touched

[kissshore]

I hope keeping SL, is depended on your strategy..! Always follow your strategy rules but in general it can be used as by placing the SL in the recent highs and lows ..! This will ensure good safety for your profits..!

[faissel]

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.

[plankton]

determine TP and SL depends trading systems that are used every trader. SL is very different uses to determine safe point. I think TP 10 pips and 30 pips SL is great for beginner traders, many traders trade without a stop loss

[kutuk]

when I myself rarely use SL or SL if wearing it long distances because we as a trader wants to make a profit and not get lost though very risky because SL is used to minimize the losses that are too big, so if I'm looking at my direct minus hedging and waiting for the right moment to release the lock

[sgoythale]

ya i think you just on point on this issue, but in my opinion i think sl should be based on your risk to reward ratio because with this you know what to expose base on what's in for you...

[preeti]

In my opinion that 100 pips of stop loss is fair enough , because sometimes when you do the analyze the price usually will go against you for about 50 pips . Then the price bounces back and hit your target profit , so don,t use 50 pips of stop loss or less...

[mayx181992]

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 think if you go for long term than 200pips would be better and stop loss is not good as per i know and i just don't like it i suffered a loss many times just because of it and i am just working hard here so that i can able to make a huge amount of profit.

[hemaabdo]

in the most time i use the stop loss point equal to the point of profit which average is 50 but in the risky time as the time of release of news i use stop loss half the profit

[sikil]

stop loss is important, but sometimes I contrived indignation with the SL's, when the price touches SL but then reversed course again in accordance with our order position ..

[dila]

error analysis: perhaps because the capital that is less and play pair that I did not understand it
then seek justification for the error and the answer is: "it is only because the khan Swiss government intervention and price spikes rarely happens like that, if I try to trade in a way that earlier may have a lot of taxable profits earned before MC so yeah probably still WD chance several times before MC. friend of mine just surviving is not really from the first use SL "

[markoto]

With arguably the stop loss and profit. But anyway keep SL should be installed. We do not know what the price will be up.

[malik]

Every trader use the stop loss distance according to his technique and style, but i am not in the opinion to use a very wider Stop Loss because it make no sense at all. In my personal opinion any stop loss between 25 to 35 pips is perfect and safe.

[erwin]

actual headging or locking techniques are alternative techniques to help secure our position is minus, and in any case would be better single position.

[mircle]

I even showed the opposite experience headging even make our trading more confusing, awkward Order which should be in close, because the one-one to take action, rather than an increase equiti us, but instead, we get capital losses only due to floating

[markoto]

I think stop loss should and must!,
because we can determine when we profit and when to exit ...

[naziakhan]

stop loss may different by different trder. some use half of the take profit or some use double of take profit or some use manual. but I use double of take profit. this is safe for me.

yes stop loss should be double of take profit . the main reason is that market is very volatile and it can move in any direction so we should have a good stop loss which can bear the movements of market. :D

[dareking]

yes stop loss should be double of take profit . the main reason is that market is very volatile and it can move in any direction so we should have a good stop loss which can bear the movements of market. :D

bhai stop loss double lagana ya kis tarah ye hum capital ke hisaab se rakhte hai, hume ye bhi dekhna hota hai, ki humare pass kitne pips ka back up hai, kitna hum loss jhel sakte hai, ye sab bhi dheyan dena padta hai.:)

[engsmsm]

I think it's the most important things during entry transactions is how to put stop loss orders in good places and Lech randomly just 50 or 100 points without thinking, but must be placed on the basis of technical analysis in order not to cause loss and I'm also the best use trailing stop of it often Saving me, but I try to puting long transactions every 50 points

[boniez]

whatever is important to adjust the resistance and if you use a large sttop loss so make sure you use the small lot size so that there are still plenty of opportunities for you to meet your needs as a trader.

[AST901351]

I think it is depend on your analysis.How many pips you will use for stop loss you can find out by your technical analysis.Some time market come after moving some pips loss but some time it does not some.So when you use stop loss or not use it is fully depend on your technical analysis.

[hanabare]

I think it is depend on your analysis.How many pips you will use for stop loss you can find out by your technical analysis.Some time market come after moving some pips loss but some time it does not some.So when you use stop loss or not use it is fully depend on your technical analysis.
a trader who wishes to make the maximum amount of money as you can needs to assume 40% to 60% drawdowns as part of his trading. As part of his view, the particular 60% drawdown is the level where a dealer needs to cease trading to be able to reevaluate points. But, unless you have a 40% drawdown each few years, you're not trading boldy enough to be able to max

[bipul11]

yes friend you are right stop loss is very important for all trader.
I depend how much we afford to lose. I always to put stop loss by checking resistance and support levels some time follow little pips like 25 - 50.

[khaled24]

Actually i don't use the stop loss in most of my trades , in most of cases the pair will back to the entry point if the trade go to loss , so stop loss will cost us unnecessary loss in this case , but i use it when i trade on the time of news to protect me from the high loss if the news were in the opposite of my trade direction of profit , and in this case i use small stop loss of course

[fxmoney]

when you have to take the trade in the forex market then you have to assess your risk and after that you have to think of volume of the trade and according to the risk you can place the stop loss at place when your risk is maximum.

[SECUREDFORM]

bro there is no special limit to set the stoploss and take profits because it totally depend on your trading strategies and also remember that the scalper have low tp and sl as compare to the long term and day traders

[naziakhan]

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.

yes ,scalping ko hum jitnay small target k sath karay gay utna hi acha rahay ga agar hum es main long target rakhnay ki koshish karain gay tu fr hum s ko achi tarha perfom nhkar sakain gay .magar bhai stop loss buhat jarori hai .:D

[SECUREDFORM]

there is no special price where to set sl but remember that if you are a scalper then yous sl should not exceed more then 10-20 pips and for long term trader it can be 100-150 pips and i thing if you have low capital then scalping is good to make profits on the daily basis

[Adil Shahzad]

it depend on the worth of your account if your account can bear 500 pips loss then you should avoid to use stop loss if it can bear less then 100 then 10 pips is enough for SL.

[pari786]

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...
dear main app ko sahi baat batoun main forex trading main jo ha na stop loss use he nahi karta houn kioun k mugh ko himat he nahi hoti ha apni trade ko loss par close karney main es liye main to yahi kahoun ga k app ko es main jo ha na stop loss nahi use karna chiey

[annura]

I think some wherever regarding 20-30 pips. however in fact it shall be set consistent with your millimeter associate plans. risking our cash for abundant extend is often some what stupid .we shall create associate applicable place for SL's in our strategy.

[lembutkhan]

For intraday trading, I use a stop loss of 100 pips, with a profit target of 50 pips.
For scalping trading is, I do not use a stop loss, which I use is cut loss or perform locking at a distance that can still be tolerated.

[angle]

As many pips as you think of thats how much you sould be making in forex market i know it all depends with how that individual is working on it.

[10pips]

For intraday trading, I use a stop loss of 100 pips, with a profit target of 50 pips.
For scalping trading is, I do not use a stop loss, which I use is cut loss or perform locking at a distance that can still be tolerated.

i think that many of the scalper is do not like to use the stop loss, because they just make the small target on their trading only, so if they are use the stop loss will also being some of the bad thing for them to using it too, maybe the market is reversal and touch their sl

[ashwini]

yahan par safe bolke kuch nahi hain. sl use kare. aur market ke situation ke hisab se isse kam karte jaye.. lekin stoploss ko badhaye ga nahi
stoploss use karna bahut jaruri hain. lekin loss ko kam se kam karna aur bhi jaruri hain. to humain yeh practice karne waqt sochna chahiye ki app kaise loss ko kam kare. aur uss par practice kare. aur dekhiyega.. app ka trade bahut achha ho giya hain.

[alimdesk]

i guess it depends on the order you put, the lot you used, and leverage your account. it also depends on your deposit size, i.e. how much loss its gonna happen for the order, and how much you are able to afford and how much risks you want to take.

[Discordance]

I do not think too much about how trading los ideal stop, because I follow the trend and following trading wave running, and I guess it could be after the price touches the stop loss price will turn again to point the original, rather than using a stop loss

[yogesh]

Having a tight stop loss (few pips) is not always wise, though it may work well when market is stable, but at times like current when volatility is too much, and there are big moves witnessed without trend change there remain more chances of getting the stop loss triggered and prices returning back to profitable. So either have very big stop loss or no stop at all at these times and concentrate on fundamentals and margin management.

[cresteden]

Finding a good stop out level is important in the forex market because there are alway retracement in the market for me i usually use 30 -35pips for my trade mostly pending anyway 50pips considering my lotsize

[AJAY]

me to per day sirf 10 pips tak hi trade kerna chahta hun aur ye mere liye safe he, isse mujhe kafi profit mil sakti he, aur merket me jyada loss bhi nahi ho sakta he.

[riddick09]

@Atin
It will be in our strategy and trading capital. Stop loss for short term traders are just small number of pips. I usually put only 5-10 pips when I don't have big trading capital. While others have put huge stop loss order wherein they are long term traders and also low lot size which means that they don't have big risks after all. It will be from traders how they will set up and looks for the best S/L for them.

[the antz]

the amount we use to SL is different each person, thinking everyone is different so we can not determine SL they use. Capital was also influential in determining SL, if I may be around 700 pips, so we can still do the open position and set the SL that is not too much to lose.

Yeah I agree with you, the safe stop loss point will be different for each trader since they are using different trading style and trading strategy. For an example scalper may have smaller stop loss if it compared with daily trader and swing trader. Scalper won't use 700 pips stop loss because they may already margin call before it hit 700 pips stop loss.

[imansby]

I put the SL as much TP will be obtained every time you make a transaction. 50% SL and 50% TP because it is more profitable for me if there is a very high price fluctuations.

[WajeehBJ]

I think it depends on what kind of a trader you are. Some people consider it safe to keep the SL level of no more than 20 pips. While others won't even hasitate in keeping the SL level of around 100 pips. As far as I'm concerned, I never keep the stop loss level of more than around 40 pips. I think I can definitely afford a loss of around this much pips. More than this, I can't afford.

[hanabare]

Having a tight stop loss (few pips) is not always wise, though it may work well when market is stable, but at times like current when volatility is too much, and there are big moves witnessed without trend change there remain more chances of getting the stop loss triggered and prices returning back to profitable. So either have very big stop loss or no stop at all at these times and concentrate on fundamentals and margin management.
i think just what newbie dealers make a mistake is because they calculate simply how much they can find a way to risk for every trade then give a business. it must not be like this kind of.you should provide your sl below a great support then position oneself accordingly..

[Aditya004]

I think stop loss may different by different trder. some use half of the take profit or some use double of take profit or some use manual. but I use double of take profit. this is safe for me.

[benboy.ftu@gmail.com]

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 depends on which stop loss time frame you want to put it at. For me, i prefer M15 stop loss. Where to determine stop loss? When you see obvious V shape or /\ shape on the candle stick, i'll put it at the low or high of it. Spread included of course.

[sajib107]

I think it is not more than 30 pips. I think it is safly pips to set stop loss. As forex is not easy for trader so i want to take many risk for trade. But we trade in longterm than it is can more than 40 pips.

[julianambas]

I think stop loss may different by different trder. some use half of the take profit or some use double of take profit or some use manual. but I use double of take profit. this is safe for me.

although I often use the area of ​​support and resistance areas in placing stop loss I also have guidelines that I place the stop loss will be less than double the take profit. thus the one taking profit equal to two times the stop loss... its good jobs for me

[WajeehBJ]

I think different people with different strategies and different equities have different levels of stop loss which they think are safe. As far as I'm concerned, I think the stop loss level of around thirty to fourty pips is safe. I don't put stop loss more than that because above it, the loss would be so high and I am not willing to afford such a huge loss. I have to manage my money properly.

[warzone]

I put a stop loss on a total of 50 pips. With this amount, I am able to generate trading safely without feeling worried about loss. Usually, I will balance my risk reward as possible so that I do not fail in a trade.

[engsmsm]

There is no doubt that the most important things that must never forget in trading in the market is to put stop loss orders, but should not be placed randomly, whether 50 or 100 points, but must be placed on the basis of analysis, even if 200 points, but must be placed in placesstrong

[netros]

Stop loss can save you from excess losses.because you never know when the market will go against you.so it is better to use the stop loss option that will make your loss smaller and save your account.

[sameerdurrani]

Quit Reduction is a very excellent way of avoiding our consideration getting large loss during the business. We all know that currency trading is very dangerous. If we don't take necessary actions, we will sure reduce all our cash.

[junaid.1]

mery khyal main 10 sy 20 pips tak ka risk lena chaye is sy upaeer ka risk hamry liye loss ka sunba b ban sakta hai hum is bat k sath sure nai hoty k kitna loss ho ga itni dair main

[jawadanwar]

Quit Reduction is a very excellent way of avoiding our consideration getting large loss during the business. We all know that currency trading is very dangerous. If we don't take necessary actions, we will sure reduce all our cash.
So establishing stop loss just allows us to fix that issue. But to be able to set ideal SL, we need ideal currency trading knowledge and that relies on the cash that we are going to invest

---------- Post added at 08:43 PM ---------- Previous post was at 08:41 PM ----------

I set up SL 50pips highest possible, to provide space to shift when there is cost movements. but even though I set up SL for it, if possible unchanged and experienced failures, the value is not more than 10% of the investment that I have.

[dareking]

waise bhaiyo stop loss lagane ke liye sabse jayda jaruri ye hota hai, ki hume ye dekhna padta hai, ki humare pass kitna capital hai, jo hum stop loss laga sake, agar jayda capital hai, to main ye manta hoon, ki hum stop loss jayda laga sakte hai.:)

[ajit rawat]

stop loss is tat tool that is used when we are suffering when market is going against our trade..well stop loss should be set at 10pips above the limit which you think is untolerable with your account means if you don't to have below 1.6567 pips so you should apply sl at 1.6577...

[RIS]

I think that risk-adjusted stop loss will be borne by the trader so stop loss can not be determined how much. stop loss amount depending on the amount of capital held my own on average use stop loss 30 pips. stop loss and for me the maximum is 50 pips

[boriss]

In case the actual Forex market hours, there are three Forex market trading session, Tokyo session (7:00 to 4:00 EST), the London session (03:00 to 12:00 EST), and the U.S. session (08:00 - 5:00 ET). The premise is simple. You need to find a time where some of the sessions overlap so that there is maximum activity in the market.

[naziakhan]

stop loss is tat tool that is used when we are suffering when market is going against our trade..well stop loss should be set at 10pips above the limit which you think is untolerable with your account means if you don't to have below 1.6567 pips so you should apply sl at 1.6577...

i think this stop loss is very short and market can eat it easily that is why we should use large stop loss which can bear the movement of forex market and it is very important in forex . :D

[Chamika]

in 1 hour market it is good to set 30 - 40 pips and in 4 hour market it is good that if you can set 50 - 60 but it depends on the strategies and the market, you have to adjust to the market and change them..

[sarwina90]

there is no such thing as the safe limit in the use of stop loss, because if SL we touched it means we suffer losses. you should if you want to put a limit on SL you should use is 10% of your capital.

[FREEDOM]

My stop lost value is between 20 pips till 40 pips base on my strategy. I use fibonacci code to determine and setup stop lost value, so it is depend on the fibonacci level. Sometime it will hit my stop lost but at most time it is hit my take profit value, hehehe. Happy trading all...

[hector]

it depends on your trading strategy , some strategy depend on big stop loss with little pips as profit
another strategy depend on take profit double your stop loss , and i prefer this type of strategies
so try to make your profit bigger than your stop loss

[sayem]

I think if you trade short term then 20-30 pips are can be safe. and if you trade long term trade then 50-100 pips can be safe for your trade. but mainly its totally depend on your trading plane and strategy.

[pisses[69]]

it depends on your trading strategy , some strategy depend on big stop loss with little pips as profit
another strategy depend on take profit double your stop loss , and i prefer this type of strategies
so try to make your profit bigger than your stop loss
SL depend on your MM and your Fund, we can be sure of our decision most of the time but it does not mean that it will really profit.l think there is no single trader that can be always right.since there are so many factors in forex trends.the best way for us is just to follow our rules.maybe not %100 gain but at least we will be at winner side.

[nadimin]

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.

---------- Post added at 04:32 PM ---------- Previous post was at 04:14 PM ----------

forex is best because here we managing our fund and if we experience trader then its true money will come( profit). although i invest in hyip because all hyips are not scam , there is so many hyips running from years but forex is my best then hyip. :respect::peace:

[smmilon1]

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 ...

[rahim]

You can make $250/day, which equates to $5,000 per month over 20 trading days in the fore market. Assuming you have a good fore education and enough practice, the big question then becomes: how much money should you start with?

[putrafx]

Because the market unpredictability average with regard to major sets is around One hundred pips, maybe Twenty pips is enough since it is already 20% through market every day volatility. If this hit stop-loss, it means the prediction skipped and we don't have to suffer much more losses.

[hanabare]

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 ...
That is proper. That is depend upon how you are usually trade especially of your method. Don't ever tune in to other people setting your stoploss or perhaps take income because other folks number of desire to afford their particular loss just isn't same persons. Determine your better stoploss with visit your capital and also margin you employ to open place and most crucial don't ever just forget about your treatments for risk.

[amit87757]

I think more than 50 pips as a stop loss is risky, market movements is sometime towards up and after sometime it will down. Stop loss keeping with each entry is must for protecting our capital from a big loss. I keep my stop loss according to support, resistance and pivot points. First I analyze then calculate the stop loss before placing an order.