How many pips do you think is safe for SL ?

[20th]

i dont really think there is a precise number of pips for stop loss and i think the best method is to let the market determine the numbers of stop and target profit for your trades and not have a specific stop but for newbies i will say you should start with having 100 pips stop loss and not less. How point SL depends on the type of trader as if you, if you are a scalper should be determined SL is not too close to your open positions, so as not touched fast .. as well as the type of long term trader, you should set the SL is more than TP that you specify. see also range in price movements trading period you plan .. happy trading

[jkt48]

I think there is no incitement to place a stop loss at the level of risk you will take. So why should there be confusion in this matter. If you will take 2% risk, stop loss 2% if you want to risk 5% of your capital, SL at 5%. and I think it should have been 300 pips for daily chart trading before, now I think stop loss should be less than 100 pips, and that is enough, so try to find some good ways to trade, and for the same period of time, stop loss is far also different for different strategies.

[jangkung]

25 to 30 pips is safe for stop loss if you set it at more value then it gives you more loss so you have to watch the market and then place an order if you don't experience losses and the lower the risk of trading you use, I think this will have a good impact on the emotional trade that you do even though you will get a little profit but it is good for your defense in this business

[smsfx]

It depends on your strategy and capital, and if you are a scalper or fraudster, for me, I place a stop loss at the first resistance when I sell, and on the first support when I buy, but always my profit is greater than my stop loss. and ... I think for day traders, 70-80 pips is the best option. Another option is to set a value of 70% of the average range indicator, the performance is always better. Perfect stop loss is always needed if it cannot be affected in the wrong market movement.

[sapiyar]

10 pips is a tight and secure SL because that way you get out of a bad trade very quickly, the idea in forex is to enter a trade on a strong trend or not bother at all and if touching SL it is never a good trade. Out of 100 trades I take around 9 SL hits and I never place a stop loss in terms of pip but I usually place a stop loss after observing support and resistance levels. The forex market is very volatile so tight stop losses like 10 or 20 pips can harm us rather than giving us any benefit. So always stop losses after observing support and resistance levels.

[prabowo]

I agree with you because most of the time I am also my 50 pips and about your opinion about SL which is very urgent every time we trade I think. because without SL I think we are taking a very big risk when there is a very large market movement. and yes i think so too. when we do scalping then everything happens very quickly and when all the time is in front of our pc then there is no need to use SL set but without scalping it must be set SL and TP because it can secure our account.

[kazna]

Calculate and know where to place stop losses depending on each trader. Some use the same pips taken to take profit for stop loss too. In that concern, if 50 pips is what you take for your benefit then you say that if the market moves in the direction of 50 pips the loss is what you can afford. All stop loss placements depend on how much loss you can bear. and It does not make sense that stop loss should be placed counting pips. You must set your stop loss at a support or resistance level to either calculate pips. Placing a stop loss at this level your trade will be safer.

[naveed_ahmad6864]

ye hr kisi trader ki apni stretigy py depend krta hai ek usny kitna risk and reward ratio rkha hai orr wo kis time frame mn trade krta hai kyun ke jitna bara time frame ho ga utna hee tp or sl ke pips increase ho jaty hain kyun ke kisi ko bhee confirm nhi hota ke kitny pips confirm wo gain rr sakta hai kyun ke market ko koi aik bnda controll nhi krr sakta

[pancha]

This is true that you should not set more stop losses than you can afford to lose. But when determining your stop loss you must also consider a number of other factors, first whether the risk reward ratio is good when you set a stop loss at this level, and second is the stop loss that you set is meaningful that is just below the support level for buy positions and only above resistance level for short positions. and We recommend using pivot points to determine your SL and Target along with a good entry level. And I noticed there are some people find some support or resistance at this level but I still like to see the market myself and mark important resistance and support for my trade.

[baalan]

I think more than 50 pips because of the risky stop loss, market movements sometimes go up and after some time it will go down. A stop loss keep with every entry is a must to protect our capital from big losses. I keep my stop loss in accordance with support, resistance and pivot points. First I analyze and then calculate the stop loss before placing an order. and my stop loss value is between 20 pips to 40 pips based on my strategy. I use the Fibonacci code to determine and set the stop loss value, so it depends on the Fibonacci level. Sometimes it will hit my lost stop but at most it reaches my hit take value, hehehe. Happy trading all .