How many pips do you think is safe for SL ?

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Originally Posted by akshayfuriya

you can set how much do you think the pip that needed to confirm that the trend has change, for example if you think that the price change the trend if the price move more than 30 pip, then set your sl to 30

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I agree with 30 pips ...
better set a stop loss 30 pips in a support ...
because sometimes broke support at a moment, but then prices rebound again ...

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Originally Posted by akshayfuriya

you can set how much do you think the pip that needed to confirm that the trend has change, for example if you think that the price change the trend if the price move more than 30 pip, then set your sl to 30

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sl aur tp set karne ke liye apko support aur resistence value ka pata hona chahaiye
inhi ke hisab se tp set kiya ja sakta hai
support aur resistence ko predict karna sabse zaruri hota hai forex market me aur jo bhi inko ache se predict kar leta hai usko bahut zada fayda hota hai

mere hisab se 50 pip hi thik hai stop loss k liye. agar hum wait karnai ka socte hai toh woh loss maximum hi hota rehta hai 50 pip thak thik hai stop loss karna ya usse kam mai hi mai kahuga stop karke nikal jane ka...aur phir koi dusre trade mai profit ka dekna ka.

i think 100 pips is safe for stop loss because if we enter few pips then it can touch out stop loss easily then our price will come back, so always put big stop loss

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Originally Posted by sunil

i think 100 pips is safe for stop loss because if we enter few pips then it can touch out stop loss easily then our price will come back, so always put big stop loss

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sorry friend i am not agree with you. SL and TP decied accourding to your trading system and type or trader.
if you are short term trader then your sl is near to 30-50 pips and if you are long term then you SL is may be more then 100pips.

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Originally Posted by s19

sorry friend i am not agree with you. SL and TP decied accourding to your trading system and type or trader.
if you are short term trader then your sl is near to 30-50 pips and if you are long term then you SL is may be more then 100pips.

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Yes, i agree with you. Stoploss target is according to traders mentality. I usually don't use stop loss. Now, i plan to use 40pips. I will post my results and experience with stop loss soon.

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Originally Posted by venkiaries61

Yes, i agree with you. Stoploss target is according to traders mentality. I usually don't use stop loss. Now, i plan to use 40pips. I will post my results and experience with stop loss soon.

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i had a bad exprience of dont use SL. i advice to all user to must set SL in every trade. may be its more then your planing but set it. because due to news makret movement may be become verhy high & low.
we are waiting your result.

The number of pips can't be fixed for any trade. It totally depends on your style of trading and your capital, your limit to handle loss. If you are a scalper with minimum deposit then you must set a tight stop loss and if you are a swing trader with big deposit then you can afford to have a big stop loss. But the question you had asked can't be answered with a fixed number of pips.

depends on how much funds in the account .., I manage a small fund to tide me my SL 20 pips., and also the same TP 20 pips, if I have another large fund which is sufficient to hold the margin, so I'll play with the intraday and I'll set the SL between 50-75, and if more than that may predict the trend will continue and certainly a long wait for the price will go back

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.