How many pips do you think is safe for SL ?

which is important to make a profit consistently every day and can keep an account of the MC or to minimize losses in the event of loss.

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Originally Posted by ham

which is important to make a profit consistently every day and can keep an account of the MC or to minimize losses in the event of loss.

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20 pips stop lose is good stop loss because maximum time market correction ha pend on 10 or 15 pip but its not ok always. Trader need to check support and resistant level to put a good stop loss.

I use a stop loss order 40 pips at the opening, but it is not a benchmark because I often change depending on the condition of the price movement. At the moment I began to learn swing on time frame H1, trading as I do not use stop loss as prices here are very slow movements

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Originally Posted by blackprince4u

Yeah in scalping using sl is not good because price moves so rapidly that it might return. And scripts are Download-able from MetaEditor.Also use close script to close orders when there are requotes.

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everyone already agree on that since the first. we are not anyone can be successful without having to do anything. in the forex business is relatively easy to do, we still have a lot to look for science to be able to conquer this business.

i think put stop loss position is so important thing . but it depend on your take profit and your trend so that it is difficult to calculate how much of pips you should put . but i think the best pips is 30 at least if you have not how to put the right stop loss position .

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Originally Posted by ahmedreda

i think put stop loss position is so important thing . but it depend on your take profit and your trend so that it is difficult to calculate how much of pips you should put . but i think the best pips is 30 at least if you have not how to put the right stop loss position .

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i think how many stop loss would we place it depend on the trader's money management and risk management. according to my money management and risk management i usually prefer to place 20 pips , but i have heard many traders want to place 50 pips as many times market change it's direction after moving 30 pips to 50 pips but as my capital is small so i do not take high risk.

i think SL should be of 50 pips i usually keeps sl with 50 pips and tp at 50 pips when we are in benefit we can use SL as to prevent decrease in our deals as like take benefit i mostly using it

Stop-loss may be position according to the make use of and amount used by you. as said by buddy you have to figure out first how much quantity you want to keep for danger. Then according to that quantity figure out the pip value and position a quit loss

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Originally Posted by blackprince4u

but not all do such a thing. there are some scalper who use a script to open a position, so that SL directly specify. weakness scalper is not dare cut loss when experiencing loss. I guess it would spend all the profit that has been gleaned.

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Really in scalping using sl is not excellent because cost goes so quickly that it might come back. And programs are Download-able from MetaEditor.Also use near program to shut purchases when there are requotes.

The stop losses should be based on the types of the trade one does. if you are a scalpers, then your horizons is very shorter. it is better to assess the generals movement of the pairs and the loss should never exceed a certain percentage of the margin employed !!