How many pips do you think is safe for SL ?

[date]

When you set your stop loss too tight, meaning only 10 or 15 pips, the market can easily reach it. I have a bad experience with a tight stop loss so I set a stop at 20 to 30 pips because it will take time to be hit by the market unless an abnormal spike occurs. and Since the average market volatility for major pairs is around 100 pips, maybe 20 pips is enough because it is already 20% of the daily market volatility. When it reaches stop loss, it means our prediction is missed and we don't need to suffer more losses.

[wosh]

There is no fixed amount that can be considered a good value because by hitting sl you always get a loss. But it depends on you that how much loss your account can tolerate and also you have enough free margin to open another position. Usually I do not risk more than 5% of my equity on one trade and most of 2 trades at the same time. and you are right to place sl on a long distance just because we don't want to lose our money and we think that the price will be about us but sl but that is a bad attitude if the trend is reversed don't leave your position open and close and concentrate on your next trade.

[khilmi]

I bhi [ehle my stock market hi trading karta tha..maine kayi saal usme curry trading uske bad foprex shuru kiya..mujhe forex bahut hi behtar against the stock market sek yunki forex i investment my investment zada paise kamiee ja sakte hai aur isme stock stock ki market is waiting for bhi nahi because padta profit ka and forex as much as apise kamaye ja sakte hi .. bis I koi bhi hesitated to hai lekin apise kamane to liye traders ko bahut hi soch samjh to aur learning to trade stahs hoti hai .. aisa karne pies traders hi forex se paisa kamate hai color traders yaha pe zadatar lost me hi jate hai

[king shalman]

I think there is no specific SL and TP and it depends entirely on the trader and his strategy and depends on how much the balance is there. for me soemtime I choose 30 pips and sometimes also 50 pips and it depends on the market but it's always the same in tp and sl. and we have to set it as a condition and it's also true if SL is touched or we just increase it to give the opportunity for a trend back, sometimes, when our SL is touched the trend returns again and this is very bad ... so let's look until we can make a decision to SL

[date]

I think everyone should do that on a demo account just take the same amount as what he wants to deposit on a real platform and test trading style and consistency in Forex if it's good than going to deposit money to the real platform for a good deal, because before testing ourselves, it's very risky in Forex, I think. and it depends on your trading style and the pair you trade, but nevertheless I think the stop loss should not be less than 30 pips in major pairs such as EURUSD and 50 pips in JPY pairs especially GBPJPY because they have higher volatility

[pomade]

see no number of fix pips you can set at stop loss. It really depends on your investment, the volume and amount you spend. Generally 20-30 pips is good for stop loss. You can go further than this if you can lose a lot of things and at the beginning of a new forex trader he is very unstable to do like a professional trader. Analysis or other things have not been learned by beginners and there is also a need to learn more through demo account while starting real trading

[hogaman]

Stop loss may depend on the volume that you are trading. if the trading volume is large then I use a stop loss of 20 pips. If the volume is small 0.1 then the stop loss is moved to 60 pips. stop loss is one of the most important things we must remember when trading. And yes it is. According to the situation, we have to decide how many pips we have to place for stop loss. If the market is very volatile, then predict trends and place orders with more pips. so your stop loss will not be triggered instantly.

[changi]

Which is suitable for each stop loss pips can not be determined because of the unique method of your current stop loss investment. If you are a dealer that long process touts you will meet. Support and resistance levels are set to stop when they lose, they must add a few extra pips. You and your balance on your trading style, you can use according to your stop loss. and play jab bhi trading karta hun tab play hamesh stop loss ka use karta hun.main hamesha short-term trading karta hun isliye play hamesha 15 pips no hi set karke rakhta hun aur so that long trading kiya anyway play 30 pips not set karke rakhta hun.

[surabi]

the placement of stop loss in the support limit is a bit inappropriate, I put a stop loss a few pips below the support ... because there is a possibility that price support is only testing the strength. And yes, I totally agree with you that the SL range will depend on market trends and type of trader. For traders like me, 10 pips is enough for certain SL positions, even some others use around 100 pips for SL in certain trades. So, it might be different from traders, strategies, market trends, and various other factors.

[mumtay]

Yes this is true that when we lose and experience a margin call due to some mistakes and we lose a good opportunity after that, we think in a way that we will not repeat mistakes in the future which is a good sign so that loss is the best way to gain experience. and There is no harm in producing while studying and students can learn about forex in their part time and without compromise with their studies. Students can study and trade forex and take care of some expenses and at the same time can improve their skills.