How many pips do you think is safe for SL ?

[mehro]

As I would see it stop misfortune is an essential shrewdness for the amateurs, its imperative to stop the measure of loses utilizing the stop misfortune on the grounds that for the most part novices learn with a little store. Furthermore, you are correct some enormous brokers can manage without stop misfortune since they have adequate parity in their exchanging record to oversee without stop misfortune. that is the main contrast.

[hujan]

I think we must study the market before thinking in stop loss .we must know how many pips the market moving and the resistant and the support because we can enter buy and put stop loss at resistant and put sell order and exit at support Usually that trading without sl was people using EA to run its forex business .. due to time .. and if it gives a chance to really allow that maximum results and ... numerous examples of successful trader that you can find in its course PAMM in forum there's already one at your residence check which one use EA

[mehro]

It is depend of the help and opposition level that where we need to put the stop misfortune. However, my perspective it is in every case better to investigate the hazard reward proportion before exchange and spot the exchange as indicated by that.

[sambel]

I think around 35-40 pips is quite safe for stop loss if you are talking about an account which is similar to mine. See, it depends on a lot of different factors. Your equity, your margin, the loss you are willing to afford, the firmness of your market prediction etc. It all defines what stop loss level is going to work best for you. I consider, its punter to approximate the job if we recovered turn route. If we set stop loss in lifelong interval way, we try much money. Currently i am waiting for the market to pinch my occupy profit. I am not competent to trade. So exclusive i cite surmount to closelipped.

[ratu]

I seem that it is a great question. Thanks to you. I also seem that it should be greater then take profit. Because sometimes i do not use stop loss if we are trading with hour 1 then it's better to have a stop loss around 45-55. So, i always use 45-55 as stop loss. So i will suggest you to use 45-55 pips as stop loss. Trader must use stop loss and take profit ti prevent huge loss . I think 20 pips is very good for stop loss and for take profit 50 pips is very good . But it may be changed on various condition ,it can change on the situation of market .

[bronz]

it is better to not put only stop loss. you should put stop loss along with trailing stop. so, if you wanted to put 50 pips stop loss, then you could put the stop loss to 30-40 pips and put trailing stop of 20-10 pips. i think good SL is about 20 pips for intra day trader along with 10 pips trailing stop. I think that the determiner of stoploss and take profit is not what we can fix with number but with market movement. I prefer using the support and resistance level to fix my stoploss because that is what can end a negative trend that cause loss

[surabi]

Rasion Stop Loss (SL) with Take Profit (TP), i always 1:2 or 1 :3 with SL 20 pips Take profit 40 pips or SL 10 pips take profit 30 pips this is alyways dicipline for my trading and to always manage money (MM) auto matic my order with low risk and highreward. I think it's only twenty points enough to edit a good gains from the forex market and you can also put a stop loss twenty points and therefore you're going good capital management and you can gain a good forex market

[mumtay]

In forex trading stop loss is very important. if we want to stay in market for long time then it must be used. but stop loss in term of no. of pips is not good. because it may be hitted several time. batter way that we set stop loss near support and resistance. I put a stop loss based on support resistance.if i understand you correctly, you advise that we follow the newscasts on the trends in Forex. Occassionally, however, the market often takes the other turn and that means loss for a great number of Forex traders whereas a few will profit from the change in Market trends

[baper]

I don't really think there can be a definitive answer to that question. Different people with different trading style and different strategies consider different number of pips to be safe for SL. I personally never keep the stop loss level more than 35-40 pips. I am not willing to bear a loss more than that. Although I have seen people who would keep the SL as high as 200 pips. I used sl 500 pips. When the trend is against us as much as 500 pips, it means we've made ​​a mistake prediction VERY WRONG ....... I think 50 pips is very ideal as resistance. When we are good analysis, prices will follow our OP is not possible if there is a correction to 500 pips.

[yajna]

I have never set my SL to 100 pips but because I never believed the trend, I usually set 20 pips but if the conditions look easy then I might set it to a maximum of 50 but never 100! and I would say 50 pips fpr sl and also 50 pips for tp too, sl is very important to stop losses when we take profits, but that pip can vary depending on different traders who have different ways to approach it