How many pips do you think is safe for SL ?

[simo.forexer]

If you had a predefined profit target set at a 1:2 or 1:3 risk reward ratio, but as price gets close to that target you move it further away because you �think� price will keep going for an even bigger gain�that is greed, and it will almost always result in you making LESS than you would have if you just exited at your predetermined profit target. It can be difficult to exit a trade when it �looks good� and is in your favor, but most of the time, that is precisely when you should be exiting. Many traders hold trades too long, move their targets further out or set unrealistically large profit targets. All of these things are the result of GREED and they will all result in you making less money than if you weren�t greedy.

[fehong]

it's very important to stop the amount of loses using the stop loss because generally newbies learn with a small deposit and you are right some big traders can do without stop loss because they have sufficient balance.

[maleedsctn143]

i think that if a trader is doing trade with good capital and with large lot size then 200 to 300 pips are a good target for him as SL for saving his capital from loss.otherwise a small trader can use 30 to 50 pips as SL easily..

[fxghost]

bhaiya ji sabhi trader ko SL lagane ka style alag alag hota hain strategy aur trading style ke hisab se SL use kiya jata hain main to scalping karta hu mera TP to kam hota hain lekin SL bhi kafi kam rakhta hu bhaiya ji

[arslan007]

i don't put any stop loss limit for my trades because i think market always come to the same point after a passage of time and i suggest you to not put this.

[ninjutsu]

Sometimes very easy but sometimes also difficult perhaps depending on vailing market condition is going and I normally trade both eastern and US sessions after all I hope that the same results i ll be getting in the real account only But in the morning I closed my trade when it was 25 pips till within a single trading day my only target maximum profit of 20-30 points with a target like that I could relatively easily make it happen

[step123]

The way around committing these huge emotional trading errors is to make sure you are mentally prepared not just as you start trading, but every time you trade. You need a Forex trading plan to condense all of your trading strategies and money management ideas into one concise and practical format. This will give you a framework to base your trading off of and will hopefully act as a guide to keep your mind on the right track. You need to include your trading strategies, your money management plans, and any important insights for staying motivated to remain disciplined.

[moxismichel]

cease decline may possibly various by simply various trder. several work with 1 / 2 your get revenue as well as several work with two times regarding get revenue as well as several work with guide. yet I use two times regarding get revenue. that is protected for me.

[sunila]

trade karny mai mera tou yahe rule hai k jab mere entry sai kuch door pips nikal aty hain then mera sl entry ppoint ban jata hai ta k market wapis jaye tou koi loss na ho...

[Rizwan12]

Mere khayal main trading karty waqat ap ko 60 se 80 pips ka sl rakhna chahye ku k buhat se trader yehe 60 se 80 pips ka he sl rakhty han aur ye sl hai be safe.