How many pips do you think is safe for SL ?

[zani]

dear to me in forex I always believe to put stop loss I'm not accustomed to using fixed pips, I tend to be more suggest to put stop loss to use support/resistant level and look at the trend by using the dow theory, and this way is very effective.

[mix]

dear in trading forex I also do think SL should be decided with Support or resistance and they act as good one to determine.Even pivot points are also good in determining.so one can put SL based on this or specified values like ratio of TP :SL as 1:1 like that.It depends on traders need.

[minok]

dear in trading forex I also do think 30 pips is enough for stop loss while target profit is 50 pips. I think those hwo have large capital back up do not need to use stop loss. Because it is one kind of loss also.

[hyder]

stop loss say hum apny capital ko kafi had tak bacha skty hain kyunki stop loss ka koi ek benefit nhi yeh kafi conditions mein apply hota hai jiska istamal her trader apni knowledge or experience k mutabik kerta hai lehaza pips ka exact andaz nhi lgaya ja skta bcoz yeh situation pay depend kerta hai

[Nova]

In this regard, I would like to suggest that we should set 50 pips up and 50 pips down as it is good target and we can grow efficiently with this set target and we should use the stop loss method.

Keep in mind that stop loss and take profit keep the trader safe from the huge loss and all the newbies should trade with this method in order to get the fruitful result from this business.

[jakefc7528]

Fixing stop loss depends on the strategy to be used , though many recommend 50 pips on the news , that the position can be closed in seconds to reach the stop loss , so what do you recommend evalues ​​well . When no news is good 50 pips .

[goggo]

I think that putting a number as a stop loss is not a good thing because the market will hitting it many time and returns back , you should always put the stop loss under or above the supports and the resistances +10 pips to avoid getting out from the market early.

[bhattipak]

According to my knowledge it should be greater than TP pips, But most of times i don't use Stop loss if we are trading with H1 then its better to have STop loss around 50 pips for H4.

[torque41]

Maire khayal mai 20 pips bth hoti hai aur isse azyada shyd unsafe hai kiu ek bht zyada ka margin banana ye matlb hai ke aap khdu ke liye masal bana rahe hai naur aap ka accoutn is chakkar mai blow ho sakta hai islye aap ko bth samjh kr kaam karna chhaye aur dekh kr cheezen karni chahye

[voipkolkata]

I think it is depends on the market's support and resistance area and if we could trade with proper analysis of the market then we can set it perfectly but we nee to analyse the market with proper technical analysis and have to set the stop loss at the proper area.