How many pips do you think is safe for SL ?

[kalakuan]

In my opinion stop loss is a necessary crime for beginners, it is very important to stop the amount of loss using stop loss because generally beginners learn with a small deposit. And you are right, some big traders can do it without stop loss because they have sufficient balance in their trading account to be managed without stop loss. that's the only difference. and I think 20 pips is a bit high for the M15 chart because I don't think the trend on the 15-minute chart is strong enough to give us 20 points. Can you say what strategy you use to trade on the M15 chart and get 20 pips per trade

[korong]

but not all do things like that. there are several brokers who use scripts to open positions, so that the SL immediately determines. Weaknesses Brokers do not dare to cut losses when experiencing losses. I think it will spend all the profits that have been obtained. and if indeed you often touch the stop loss you may need to expand a longer distance than your stop loss price is running and this can provide an opportunity for hard hit stop loss

[chatha]

it's depends on your trading plan or trading staratgy . everyone has differnt trading style and diffrent method . stick to your plan and do what is good for you and save you from loss.

[Zain Ahmed]

The Safe area for Stop lose that area top the resistance or under the support, and we have to learn the technical analysis to know how to determine the support or resistance properly, or according for our strategies used.

[Shahid78]

I think a safe amount of pips to set sl depending on the pair and the market where we trade ... on the market london and newyork usually higher volatility , stop loss should be greater .... asia and australia is to flatter so stop lose not too big ... but it also depends on the type you are, whether swing or a scalper ....

[Shahid78]

Stop Loss is a very good way of preventing our account getting huge loss during the trade. We all know that forex is very risky. If we don't take necessary measures, we will sure lose all our money.
So setting stop loss just helps us to solve that problem. But to be able to set perfect SL, we need perfect forex education and that depends upon the amount of money that we are going to invest.

[yogyes]

Many traders also do not place a stop loss but only use a mental stop loss that is cut and losses when the position has been reached the risk is allowed to occur. But do we have a mentality for that ?? I think not all. most of the MT4 is closed and expect prices to return to the desired position and to calculate stop loss and take profit you can use a pivot point that will give you a rough overview of daily resistance and support that will help you calculate stop loss

[galiel]

I know the stop loss is very important but on this day the hit stop loss is very large so try to focus and follow your trade now days to try to close it manually because there are surprises and changes in the market You cannot predict or think about the market is very dangerous and make a few positions to reach a stop loss, so try to make it big to be saved and give your position an opportunity to reduce losses or take profits

[januari]

I think a trader does not need to take more than 30 pips of losses in trading if he takes more than 2% of the risk in trading. As we know that the forex market will lose more if it passes 30 pips. So, traders can set 30 pips in trading with a stop loss. and there is no well planned stop loss like forex care. It changes for each position. forever higher to provide an adequate area for the market to maneuver and placing a tight stop loss does not mean that you only follow the right cash payment system. It's forever higher to identify support and resistance levels before setting stop loss and profit.

[charji]

The number of pips cannot be tied to any trade. It depends entirely on your type of commercialism and your capital, your limit for dealing with losses. If you are a speculator with a minimum deposit, you must set a good stop loss and if you are a swing trader with a large deposit, you will be able to have a giant stop loss. But the questions you ask cannot be answered with various pips. and we must be able to determine the right time to cut losses and so that we can do calculations and exactly in accordance with the risk management we make, then we must use stop loss, is to avoid cutting losses not exactly what we do, especially when in a panic