How many pips do you think is safe for SL ?

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Originally Posted by BonggoFx

[/COLOR];)I think better put stop losses smaller than TakeProfit, and to avoid a margin call as well ..:)
for example SL 10 pips and 30 pips TP ..;)

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I think the value you have suggested only works if the orders were executed in the smaller timeframe - from m1 to m15.
It's difficult to place a stop loss as small as 10pips for trade executed in higher timeframe, simply because price may moves 20pips in one candle
before going back to the direction of your order. Only the trader himself can decide what's the best stop loss and take profit amount to be used because only he knows his trading systems very well.

I think if was a normal day and not have any special information 50 pip is safe numbers.however, if it's a date with important news and they pose a major influence on the currency pair you trade.if so, you be careful.I have seen the market moving 200, 300 pips in a day.it breaks all records that normally you can imagine.

stoploss is actually our own preparedness to simply accept danger. However do not allow SL might trigger all of us to have a large amount of reduction. We have been liberated to figure out how numerous pips with regard to stop-loss stop loss, so long as do not get a lot more than three % danger.

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Originally Posted by jovivid

stoploss is actually our own preparedness to simply accept danger. However do not allow SL might trigger all of us to have a large amount of reduction. We have been liberated to figure out how numerous pips with regard to stop-loss stop loss, so long as do not get a lot more than three % danger.

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I think that it will be according to invested capital if you have a big capital than you will wait for that commodity , it will come according to your prediction and you never want loss but i think that it may be 5-10 pips for stop loss is safe your capital.

depending on what you wear resistance.
I personally use a resistance 100 pips resistance and stop loss 50 pips.
however I analyze the market first before opening a position

Mybe that We should not set a stop loss just by guessing or feeling, the determination should be based on the risky managements in the accordance with the amount of the capitals owned and based on balanced risk to reward ratio, so that percentages of the profite greater than the percentage lossing really !!

stop loos 40 sa 50 pips theak ha kyon ka is sa zaydea stop loos theak nahi ha itna risk he lana chayea market agar
40 points sa zaydea move kar jayea to zaydea tar market pher us traf ko he chalti ha 40 pips stop loos ka laye
theak ha

stop loss can be different for different trder. about half making use of benefits or any dual use of profit-taking or a manual. but I use double profit taking. this is safe for me.

Stop-loss may rely on the amount you dealing. if large amount business then i use 20 pips quit reduction. If the amount is small 0.1 then quit reduction shifted to 60 pips. quit reduction is one of the most essential thing which we have to remember while putting a business.

If we are new in forex then i will suggest you to learn the trading frist. Without learning you can not said that how many pips safe for SL. I think 50 pips safe for the biggeners. So decide your pips by experience