How many pips do you think is safe for SL ?

I think 50 pips is the best for stop loss (SL). If we can wait for a while to make this loss position higher, it will never upgrade. As a result loss will increase. So stop the trade at time of 50 pips and then start a new trade according to the strategy to make profit.

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Originally Posted by minhaz

it depends on market condition,in my opinion i think it should be 50pips but it all depends on your skill,strategy and market condition

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yes, I think so too, it all depends on the strategy and psychology that we have, if we do not have a good psychology, then we would be very difficult to be successful in forex

Is stop-loss is due to the strategy followed and if you are doing deals long-term or scalping .. I think that the best place to put a stop loss order if you will open long position you place the stop loss order under another support at 20 or 30 points, so be safe ..

Its totally depends on the Trader. Every trader has their own goals and targets and they trade accordingly and also their risk and profit percentage. I think it is better to trade on basis of your risk...

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Originally Posted by akp202

40se 50 tak ka pip theek hota hai stop loss ke loy ye sahi hota hai kyoki issse jayda jane per apne capital
me khtara a sakta hai isliy admi ko dyaan rakhna chahiy nhi tto loss ho jayega poora

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aap sahi keh rhe hain lekin kabhi kabhi loss SL ki hi wajah se hi nhi capital ke hisab se trade na lagane par bhu ho jata hai islye sL ke saath saaath aur bhi cheezon ka dhhyan rakhe

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Originally Posted by Anytime

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...

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Basically i use SL 30 pips. If my balance $50 i use lots .01 Or if i use $100 or more then i use lots .05

if we do trading in sideway market then set a sl of 20 pips is enough ..
but if we are trading in market conditions that have a high volativitas
then we also have to raise that limitation, may range from 50 to 75 pips ..

Stage block deprivation and swan realize depends on marketplace condition..
sometimes you can set stop decease to 50 pips exclusive and sometime you can modify it 200 pips..Its all most your learn and mart precondition..

I can't say that there is a fixed number of pips that is perfectly used for the stop loss. stop loss is best determined by your money management and it should not be more than TP

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Originally Posted by Anytime

how many pips do you think is safe for SL ?

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...

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its pair to pair very. my thinking is here :
EURUSD = 100 pips
EURCAD = 80 pips
EURJAP = 50 pips
silver = 150 pips
Gold = 200 pips
#CL = 300 pips
#NG = 300 pips