How many pips do you think is safe for SL ?

[TrojanFX]

for me i love setting stop loss and take profits with few pips to make sure that i will not make great losses and the price will hit the take profit , also i prefer to set the take profits with pips more than the stop loss to enlarge the possibilities of earning money

[examin]

stop loss is very important in forex trading we have to make stop loss smal but in this case we may get a lot of loss trade so it is all about entery point you have to chose the best point.

[kamrul10]

mujhe lagta hai,longtime traders ko forex sl function use karna chahiye.or experience traders ko bhi use karna chahiye.mujhe lagta hai 50% of target hum sl pa place kar sakte hai balance ko bachane k liye.

[iwan]

I installed SL 50pips maximum, to give room to move when there is price volatility. but even though I installed SL for it, if possible untouched and suffered losses, the value is not more than 10% of the capital that I have.

[lgarhboularbah]

i think that when you trade with the pivot point you will use the stop loss by the break of some point with 5 or 10 pt but if you just trade with good strategy and best management i think that you can use 50pt as take profit and 30pt for the stop loss

[ishvara]

yes,dear but i think your take profit and stop loss is very short because we can not control the market fluctuations that is why it should be minimum 100 pip and if you use below it then it is your mistake i think.

TP or SL that we can use in forex exchange trading is never fixed, it depends on our account balance, trading strategy, etc. Eg Scalpers use no TP and no SL and usually opens and closes trades manually.

[sayem]

main aapki batose sahemat hoo. 50 pips he thik hay. isse jada loss bohot jada ho jata hay. leken agar kisike pass jada capital hoto ow alag hay, uos hisab se capital and trade k against hum stop loss ko thora bara sakte hay.

[anubhavsingh]

We should not set a stop loss just by guessing or feeling, the determination should be based on risk management in accordance with the amount of capital owned and based on balanced risk to reward ratio, so that percentage of the profit greater than the percentage loss

aapne bilkul thik kaha
forex me stop loss bahut zaruri hota hai lekin stop loss set karna bhi 1 art hai..iske liye market ke support, resistance aur pivot value ki jaan kari honi bahut zaruri hai..apne hi man se koi bhi value set kar lene se aapko faya nhai hoga jab tak aap poori tarah se analysis nahi akr lete

[kampung]

i think 20-30 pips is good if we are doing scalping trading. but if we are trading long term then our stop loss is more than 40 pips.
because we can see pair movement in both side more than 40pips.
stop loss must choose base on support and resistance.

I think it is fitting for us to put our stop loss in of commerce with stop loss 40 pips if we are on target 20 pips as this will make you not easy to hit your stop loss a pair, but of course you also need an accurate analysis

[mind4sale]

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.

i agree with your point stoploss should place on support/resistance level.but for that kind of trader who trade only 1-4 hours per day they should place stoploss by their money management and risk ratio.and place stop loss depend on trader to trader