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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.
hello friend its totally depend trader won strategy and market condition .i am always try to earn minimum 10 pips from every trade
I think , for my strategic analysis my stop loss is 30 pips. its depends on market movement. Every time theres no need to set up stop loss. when i am confused the trade then i use stop loss.
I think, if you do the placement of the SL 50 pips I think if you are a daily trader then when the price moves above 50 pips then it can be sure you're wrong in doing the analysis. SO trader should think about it in Forex.
I think it depend on you trading style. But i use hedge and i like to use 30 pips on stop loss. I think 30 pips is safe for me. So you can use 30 pips on stop loss for trading with securely in this business.
i am supporting stop loss because this is a option that can save us from big loss.we can save some good big loss.because i believe that stop loss will save you.but if you have not much good strategy then ignore it.
There have no limit for stop loss. You can use it or not. If you use it you can set in different mode for trade. If you trade for a short time then you set stop loss little or not. If you trade for long time the you can set stop loss 10-50 pips for safety. Its depend on a trader.
I think in usual market,not volatile one..
it is safe to use 40-50 pips to set the stop loss..because if u set too smal then it can be hit,before u have profit..
I use 35 points only to SL because of the 35 points we can still tolerate is different from the example up to 50 points bgimana if we open the 2 position and ternyat los all harmful for the survival of our forex account can be our account will be wiped out for no reason and we can erugikan all because it's any better los berad in our control to go in our fund management if losberaap affordable to not damage our trading system could be los the moment but will be lucky even be back again so that was los taxable profit and return on investment and sl fortunately this is the point we make SL because there is still hope to profit by the los of this restriction.
why it is hard to define the target that we want to make pips in the forex market, until now I do not know how big the target pips I wish to make, everything is uncertain, sometimes I get the pips are great, sometimes not