How many pips do you think is safe for SL ?

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

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.

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

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Originally Posted by shinde

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.

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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

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

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.

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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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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

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.

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.

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.