How many pips do you think is safe for SL ?

[fxearner]

bhai trader ko stop loss hamesha apne capital aur strategy ke hisaab se lagana chahiye,jada tarr mujhe lagta hai 30 pips ka stop loss thik rehta hai aur use pehle trader ko ache se market mein analysis karleni chahiye tabhi wo esme kamyaab ho sakenga aur stop loss ki jagah take profit hit hoga..

[wachaa]

there are soo may ways of getting money there are the buy and the sell there is one the movement that you can either be up or down this way you have achance of being fruitful

[sayuki]

Do you agree that some of big shot traders they know all the SL and TP and they do trades like this some time you note this when your sl hits and then market pull back from there??? I know some of brokers who does this I dont wana mention the names of the brokers... but be aware alway put your SL atleast 5 pips from the key levels not the short time support..

[jjoujna]

I find that Some time 10 pips may be safer and some time even more pips say 25 can be considered unsafe, it depend on method which you use to traded as a calculated as a stop loss and target, if you are using pivot points, making entry at p1 you should set stop loss below s1, and if you are range trading stop loss should be below the lower bound of ranged really !

[brimlonk]

Outside how much you can afford to lose, I think that it is also dependent on the volatility of the currency pair that is being traded. I mean if you are trading EUR/USD and EUR/CAD, you can not use the same stop loss targets for both because the volatility of their price movement is different. You will use a smaller pip target for EU and a larger pips target for EC.

[mursyad]

I think that stop loss should be seen from resistant and support it I thought it was a line that is very improper to put stop loss and it would be very useful and we would be successful and that is a good thing and we can succeed with the continued effort, because it is also a science.

[dldaokwan]

For me i use only 20 pips as stop loss and around 60 pips as a takes as a profite. for that matter i wait for the trade longer so that i can catch the trade ate the extreme over bought or over sold position for safe trading and securing my strop loss and exposing my take profites !

[dkdajnwadak]

The stop loss kay liay jitna pips laganay cheay wo aap kay trading style or equity per depend kertay hain. aksaar pro traders jin ka account millions of dollars kay hota hay wo to stop loss use bhi nae kertays really !

[barnos]

This depends on the entry trading is done, if done in a normal market conditions, ie not before the release of an event or news that has a strong impact on market movement, particularly strong impact on the movement of the currency pair is selected, and the entry trading is made in accordance with the trend of price movements, then the StopLoss is mounted at least equal to 10 x spread of the chosen currency pair.

[mitras]

The number of pips that should be used for stop loss level totally depends on the traders money management rule. You should only expose 5% of your account to risk that is one of the rule you must follow to help minimize loss in your trading account and also will show you the right point to paste your stop loss for every opened trade.