How many pips do you think is safe for SL ?

[uchenna]

I cannot really say how many pips is save , even 1000pips stop loss can be hit , if one is in a wrong trend and trade, my stop loss is always determined by the signal, time from and target , if am trading daily time frame , my stop loss is not less than 100pips,

[istiqomah]

on behalf of me, this is often terribly hard to confirm. a real market stop loss confirm terribly important'>is important if you wish make use of this. but if you are willing to haven't abundant plan concerning that then kindly please ignore it. or study concerning it.

[abdurtim]

There are no fixed amount that can be said as a good value because by hitting sl you always get losses. But it depends on you that how much loss your account can tolerate and also you have enough free margin to open another position. I usually do not risk more than 5% my equity on a single trade and mostly 2 trades at a time.

[meganium]

I think 30 pips is the best place to lose your money, because if more than that, the risk and reward ratio you have not so perfect in the forex market, try to mix risk and reward is even better

[hayam fx]

what number pips you need it depends on your own own strategy. as example, when i utilize the tp is 30 pips then i'll place sl a 20 pips as a result of 20 pips is straightforward on behalf of me out to build profit. other then the lot concerning rely on market situation and also your planning.

[sendi]

well it depends upon the want. however invariably its not wise to own like this tp=sl.
for beginners i recommend 2 :1 ratio.
if tp is 30pips have sl as 50 pips. ensuring that if you do in fact lose a trade too, atleast the past trades half profit can stay.

[truck]

whereas determining stop loss you ought to think about few alternative factors and even, initial whether or not risk reward ratio is sensible after you set stop loss at this level, and secondly will be the stop loss you set is meaningful i. e. simply below support level for long positions and merely on top of resistance level for short positions.

[Red Hat]

Basically when i had refer to some better trading signals i have come across that most of the tradings they have a stop loss value of 40 pips. So i think that is a good value for trading with a stop loss value of that level. And that is better if you have a take profit level of 80 pips per trader. Those two values would be the values that the professional trader would use.

[naija]

i prefer forty pips for stop loss i found it from the great Forex candle stick specialist and forex trainer stev nisson i personally follow his advice i hope it will be good for you

The use of 40pips for stop loss is the safest which a trader should use. Because if a position based on intraday strategies losses 40pips it means you are on the wrong side of the trend. So change to the right side

[nini]

outside what quantity youll afford to firmly firmly lose, i think that it's additionally dependent within the volatility from the currency mix thats being traded. i mean in situations you're trading eur/usd and eur/cad, youll not utilize same stop loss targets for every just like a result of one's volatility with the total price movement varies. you will use a smaller pip target for eu in addition as an increased pips target for ec.