How many pips do you think is safe for SL ?

Normally I would place my Stop Loss depending on the current chart pattern, previos support and resistance, and candlestick. Stop loss is an important part of forex trading, so I don't think we can easily just put our Stop Loss with an improvement value, because most of the price will reach our fixed stop loss. I am still learning how to stop losses smarter, and before all my stop losses are corrected, and my results are very bad because Stop loss is always hit by prices, and after just moving the market to what I predicted before. Actually I think stop loss is related to currency pairs and market movements. There is no way to fix a number of pips to stop losses.

I think you have to work according to your method and also in accordance with the stargies he uses in trading because some brokers don't use stop loss and take advantage while long-term traders use this tool. Well I guess it depends on how much you are willing to loose on each trade and it depends on the lot size is too high small lot size sl which is smaller the lot size is higher SL so in the end it depends on your euqity too.

I think that depends on your free margin ratio and the margin you use as the balance to open a position. If you are an aggressive type of trader who is not afraid of losing, then your stop loss ratio must be around 5-6 times your total amount in your account. But if you are a safe trader, your stop loss ratio must be above 10-20 of your amount. Stop loss depends on your capital if you have a large capital then a large stop loss if the small capital is small capital. I set a stop loss of 2% of my total capital because I didn't want to lose big money from my capital.

For effective stop loss we must first see whether it is a very volatile trending market or market, because every stop loss is never a good stop loss in a very volatile market, it will always get profit and close unnecessary trading . SL is not important because it opens a good trade, the better your trading decisions are, the better is the trading and the more the possibility of getting a good profit, I personally never keep trading that loses too long if the general market trends do not agree with my trading, sometimes keep SL closing down good trades too fast

When I trade I take the losses and take profits at 40pips when taking profit. As for the stop loss I chose at 60pips. real-time I like adventure more but rely on peaceful paths in Forex trading. But after I will bring big capital can be adventurous. This is how my business is on Forex. All friends in this trade have taken my path. So as not to experience pressure when moving the candle. The way I decide on my stopplugs and take profits is to consider support and resistance levels. Fibonacci retracement levels are also useful to do. I have used Pivot Points Resistance several times and support levels too. When I trade with a shorter time frame, this is very helpful.

It's good for me to open a trade with a profit of 30-60 pips when I trade for one day or less. In the event that a buy position is one week or more, the profit is 100 pips. However, we all have a different mindset about profit on Forex. According to my knowledge, it should be greater than TP pips, but most of the times I don't use Stop loss if we trade with H1 it is better to have STOP loss around 50 pips for H4 we have to increase it.

It depends on the support and resistance levels where we have to put a stop loss. Stop losses can occur according to the leverage and volume used by you. Proper analysis and money management is very important to set the right stop loss. SL is actually a good idea to be used to avoid big losses but SL also sometimes backfires, we use SL and when the price has touched the SL movement at that time that makes us regret. What I have done so far is when I continue to play and stay in front of the computer so I don't put my SL when I stay for a long time so I put SL.

I think some where around 20-30 pips. but of course it must be decided according to your MM plan. risking our money to extend a lot is always something stupid. We will make the right place for SL in our strategy. in my opinion, traders cannot use it or can avoid it. If you have a good strategy or if you have good money management then you don't need to use it. Sorry, the stop loss function hunts my money too much and that's why it ignores.

besides that we can also calculate the risks we dare to spend per OP. for example, we only want our risk to be only 5% and our capital is only $ 100. meaning we risk $ 5 per OP. if we OP with 0.1 lot then we install 50 pips SL. Regarding my ability, it should be better than TP pips. But almost all times I don't use SL if you really trade with 2 hours so it's better to have SL around 60 pips for 4 hours you have to increase it.

yes you really are right. Stopping stoploos randomly by fixing pips has no meaning. This is called gambling. Every step we have in forex must have meaning. When we open a position and when we place TP and SL we need strong reasons. so the best method is to use the support line and hold it as a stop loss. SL must st buy the maximum percentage of risk .. as if someone wants to risk a maximum of 5% of money then it is better to set SL with a situation like 20-40 pips whatever he wants to set but most expert traders will set low. when some trades will trap, it takes a lot of time to recover better to close the trade without a trap.