How many pips do you think is safe for SL ?

[barnos]

I also sometimes use such calculations to determine my stop loss in trading. but it's for the starting position, when my position has been in a state of open profit, I will change my stop loss position to a smaller, even normally I would change my position a stop loss to a profit share, because I am looking for a safe way, so that the SL+ position, wherever the price goes I will not lose.

[nitesh400]

It depends on what market movements you are trading, if you are in flat market you can set stop loss just 20pips, or you are in a breakout position then you stop loss can be seated 50pips , so it differ in different in different trading situation.

[mahx]

Good Day Everyone,
Well the number of pips that you can lose is back to your capital size and what lot do you use if, there is a lot of ways to calculate the numbers of them but i belive the best way is always to choose 2% of your capital and division it with the size of lot that you are using and you will have the number of pips to sit your stop loss.

[namodur]

That depend on which strategy you use, I think the stop loss should be placed at a distance equal to 20% of the length of the candle spell, and moved at the beginning of each new wave to secure profits.

[buran]

Stop loss helps a trader to avoid much loss.It closes the trade when the price of the currency hits the stop loss point.For that a trader should set stop loss point in that point where the loss can be accepted easily by the trader.I set my stop loss most of the times at 50 although I close the orders before the price hits stop loss point.

[samiessid]

i think the best are between 20-40 pips for those are scalping ! and long term trading maybe it can reach 100 pips and more especially for using swing trading style. buy the way it depend on your trading strategy.
for stop loss 40 pips and not more 100 pips.

[Levi]

if you have small capital and your order goes to loss then you will close it and make another trade and make profit and if you have good capital then wait for profit do not close your trade when it comes to profit then close your order.

its depend on your trading strategies too you know? I knew about trading strateigies who doesn't use stop loss and you know it as scalping. but as an intraday or long term trader it will be so wise if we use stop loss. but we need to set stop loss tinier than our take profit point.

[ruarbiasa]

The amount of your stop loss depend mostly on your trading plan and target although there are lot of indicator out there which plot your stop loss for you but i believe it differ from each trader, some are scalper who use small stop loss

if you have small capital and your order goes to loss then you will close it and make another trade and make profit and if you have good capital then wait for profit do not close your trade when it comes to profit then close your order.

[pipin]

The amount of your stop loss depend mostly on your trading plan and target although there are lot of indicator out there which plot your stop loss for you but i believe it differ from each trader, some are scalper who use small stop loss

[nasimut]

yes i think you are correct because before i faced such due to net connection . i just see my position and dont put sl that time thinking that i am infront of pc and that time i lost net connection and that was newyork session and due to heavy movement of market i lost good number of pips . so i think its always better to put sl first then observe the open position.