"Safe for stop loss" depend on many things. this are.......
1. Are you short trader or long trader
2. how much balance you have
3. how much afford to lose
Thank you
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I am more flexible in placing the SL is, because I see that the market first before placing this SL. so there is no definitive benchmark in the calculation puts this SL. because I think we could better adapt to the market and our analysis. provided we can analyze the market well, we would always be able to put SL properly.
it depend on you that how many pip you earn in safe sl . you can earn 50 to 100$ in a day.i am earn lots of pips . for this whats you need in forex trading .You need to learn Forex first gain some experience and Practice on demo account then Start on real account.
do not be afraid of loss when it's a good start to implement management (MM)
so the loss will be offset by the profit that more numerous
ok only that I personally do not wear sl ... important support and ressistant know for sure, so if price suddenly turned toward the price s / r nearby and translucent about 10 points, I would cut loss .. it's just based on personal experience that this one puts a stop loss
There is also an open title was trading without a stop loss of his followers to kill himself or was already in the master all or just greedy xixixixi ...?
If I personally honest as greedy but still wear mm, though not quickly mc
According to my knowledge it should be greater than TP pips ,but most of times I do not use Stop loss if we are trading with H1 then it's better to have stop loss around 50 pips for H4 we should increase it.
For me, i don't use take profits at all since i don't want to limit my profits but i always use stop loss somewhere between 50 to 100 pips.
it's all depend on how much are you ready to lose.