How many pips do you think is safe for SL ?

ya its depend on the market situation and the type of trader if you are scalper then there is no need of stop loss if you are long term tradee then it is essential to use stop loss

ya proper analysis and money management is very essential for setting proper stop loss.Stop loss is very important for long term trading so long term trader should be expert in setting stop loss

ya its all depends on the trader where he want to set the stop loss and take profit. if he able to set proper stop loss and take profit then it can be benificial for him

i think its all based on the our strategy...we shud select pips based on our technical analysis and the our take profit position...so its safe to our account balance

Yeah u r right ..its all depend on situation....but usually i put stop loss on basis of pivot point,....due to accuracy and scientific base i can trust pivot point....

scalping is short term trading..and scalping dont need much analysis so SL is needed to be set,,,and i usually trade scalping style and i set 15-25 pip in every trade....

for me it's not about how many pips. rather, it's about where the price is in regard to the market cycle.
if the market is going sideways then the stop loss will automatically be low and if the market is in uptrend/downtrend then the sl will be a bit higher.

when I apply daily trading strategies, then I put the SL as much as 50 points. SL is better than having to put in 100 + cutloss point. Although my SL as much as 50 points, if before it hits SL and I feel prices will not come back, then I will cut loss before SL.

Well, that is a bad experience, and I have had that experience myself too. It is much better to use a SL and TP and then hope that the trade will hit your TP. If your internet connection goes off sometimes, then a trailing stop might not be of much use to you.

Pivot points are really good tools to use in setting stop loss and take profit targets but the important thing about setting your stop loss is that you should give the trade enough space to manouvre and this means that your stop loss should be large enough. The second thing is that no matter how large your stop loss is, it should not risk above 10% of your margin.