How many pips do you think is safe for SL ?

Quote:

---

Originally Posted by metic1

I think each individual trader has the option to determine the number of pips for a stop loss, but I personally always put stop loss take profit of 2:5, to take profit of 20 pips and 50 pips stop loss, I think it was an appropriate , because the stop loss will generally moved faster than the take profit.

---

Individuals use the risk reward ratio in order to know the right places that they should set their stop losses and take profits. In my own beliefs, i use a risk rewards ratio of 1 : 2 any time that i want to open trades.

It depend on ur take profit and stop lose ratio and your capital.for example use 3%-5% of your capital for every trade and if u r going to take 30pips as take profit and use stop lose of 15 pips.The better way to book ur profit is Fibonacci sequence

Quote:

---

Originally Posted by lady

50-100 pips as SL is good enough, if we use TP 50-200 pips. we can use longterm trading system. this trading system will makes us trade with low risk and we dont need to stay at computer for long time

---

Aise hi Anumaan lagana sahi nahi hota hai, stop loss aur take profit hamesha strategy dekh kar lagaya jata hai, kafi trader ki aisi strategy hoti hai, ki wo high aur low dekh kar stop loss ka use karte hai.

Quote:

---

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...

---

depending on what pair we traded master if we traded pair EUR USD then I will look for 20 pips in every position open for me I put Take Profit and 30 poit would I attach to Stop Loss
so if I lose then I will lose 5 pips only

Quote:

---

Originally Posted by zirconium

It depend on ur take profit and stop lose ratio and your capital.for example use 3%-5% of your capital for every trade and if u r going to take 30pips as take profit and use stop lose of 15 pips.The better way to book ur profit is Fibonacci sequence

---

we should use small risk in our trades and i think that 2% of capital per trade is enough and stop loss depend on your trading strategy ,always use stop loss according to your strategy .it will be better for you.:)

Quote:

---

Originally Posted by dareking

Aise hi Anumaan lagana sahi nahi hota hai, stop loss aur take profit hamesha strategy dekh kar lagaya jata hai, kafi trader ki aisi strategy hoti hai, ki wo high aur low dekh kar stop loss ka use karte hai.

---

Yes take profit aur stoploss kya hona chahiye ye sab traders ki aapni aapni strategy pe depend karta hai. Aise hi bina strategy dekhe andaza nahi lagaya jata kabhi. Jaise ki agar hum support and resistance ko dekh ke trade karte hai to always hamara sl uske niche 10 to 15 pips niche or upar rehta hai.

some times we need to put the stop loss near to the open position when we have the strong analysis and sometimes we need to put the stop loss more far away from the open position so that our trade should be profitable

I use stop loss is never the same in any trade ... as I came out of the open market based on points but on the condition ... if the conditions are not met then I would not be out of the market ... because at the time I was in a floating position positive, I always put stop loss at +1 ... or BEP ...

there are no safe for SL, because not matter how much is our SL, our SL still can hitted. the first thing that we must thinking about SL is our risk management, our SL is depend on our risk management

amount of stop loss depends on the time frame you use. the larger the time frame, the stop loss should also more broadly. for daily trading, I place a stop loss of 50 pips with a take profit of 50 pips. do not forget, always use a trailing stop to minimize losses.