How many pips do you think is safe for SL ?

[jangkung]

Stop loss can be placed according to the leverage and volume used by you. as a friend said, you must first determine how much you want to keep to risk. Then according to that number calculate the pip value and place the stop loss. and 10 pips is a strict and safe 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 took about 9 SL hits

[astrajingga]

It's not always that brokers offering higher deposit bonuses are scams because many brokers want to attract more clients as a business policy and don't hurt. Brokers want to increase their client base and they offer more bonuses on deposits. A broker must also ensure that the broker is reputable and regulated. and I think to follow this, it is very important for a trader to place a stop loss and take profit before he trades and after the trade is finished they must first see if they make a profit or a loss and if a loss then they must try to find a cause of loss and try to fix it.

[damage]

yes i think you are right because before i faced it like that because of an internet connection. I just looked at my position and did not put SL at that time thinking that I was infront of the PC and that time I lost my internet connection and it was a New York session and due to heavy market movements I lost a good number of pips. so I think it's always better to place the sl first then observe the open position. and 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.

[ntn]

Good afternoon forex forum aik aisee site h jo hamain hamari mehnat ka phhal deta h aur hamari mehnat ko zaya nahi karta h aagr ham as mien mehnat kerte hien tu ham as mien kamaee ker sakte hien as lyee has mien hamain as moqa ko astmal karna hota h aur ham ko as sy zaror feda hasil karna hota h
ye hamain hamari her mushkil ko hal ker sakta h aur hamari mushkelat ko asan bana sakta h as lyee as mien hamain her bar kaam karna hota h aur ham ko as mien kaam kar k kamaee kerna hota h aur aur apni zindgi ko asan banana hota h aur hs mien hamain kamaee krna hota hai

[camano]

scalping is short-term trading ... and scalping does not require a lot of analysis so SL must be set ... and I usually trade scalping style and I set 15-25 pips on each trade. and About SL I think it depends on balcne trader account but I also think if there is enough balance then it's not bad. but for me it might be different for market conditions but 50 pips is not bad and most of the time i use it but tp is 30 to 40 pips.

[Golobutt]

agar hum wait karnai ka socte hai toh woh loss maximum hi hota rehta hai 50 pip thak thik hai stop loss karna ya usse kam mai hi mai kahuga stop karke nikal jane ka...aur phir koi dusre trade mai profit ka dekna ka../

[halim]

It is true that spending more time trading or monitoring trade does not guarantee the best results because a trader must spend more time doing analysis and learning and learning about markets that will get better results for a trader. and when a trader can make consistent and regular profits on a demo account and has learned different trading styles and indicators and is confident about trading, it is a signal that he is ready to trade on a real account.

[astrajingga]

Setting up a Stop loss depends on many factors. It depends on the trader's trading strategy, how much money he invests in trading, the risk he is willing to take and the profit margins. So the amount varies from one trade to another. 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

[mehro]

There is no rule that market will not move 20 or 30 pips against us and will not return back and so what is the benefit of having stop in pips, we should look for a point which is acting as good support and breaking which market direction may change and should set stop below that.

[mehro]

No number is safe in forex trading and so what is the appropriate term we can use here is "less risky", it may depend on the volatility on particular day and the pair used to trade - still a point which is not violated since some time we can expect will be maintained in near future and so can use as stop loss level.