How many pips do you think is safe for SL ?

[chintia]

I think we can use support or ressistent to place our stop loss. It is the best place to place our stop loss, because it will be save. the price will rare to hit our stop loss, so our losses will be minimal

[darkmandido]

i do believe many wherever with regards to 20-30 pips. however naturally it will probably be made a decision in accordance with your own MM a good options. risking each of our money regarding significantly expand is usually many exactly what foolish. we would help to make the ideal spot regarding SL's within our method.

[ObaFX]

the number of pips you should set as stop loss will depend on your trading strategy, and also you should ensure that you trade according to a good and safe money management principle to ensure that you do not risk too much money on a single trade.

[nillgogon]

this is depends on trader. the much we have our capital much we can take risk if we know the trading. but i don't take risk more then 2% as my capital is not so big. and i don't know it clearly so i don't take so much. my capital is $100. so i open a trade in .05 lot and my sl is 20 pips. but this is not for all trade.

[kingreal]

We must sat stop loss as low as possible because this market is changing every time and the trends are many times changes by the effect of different news and events of the world of business. If we sat take profit above 20 pips we must set our stop loss at the distance of 30 pips. This is better way to safe from the high loss. But over all this depend on your own trading strategy and also depend on the level of your account balance and equity level.

[mr pop]

if you need to begin deciding on trading rule, there's basic known in regards to the just how much is represents your sl distance to actually your entry and that is primarily based upon the combine. right grasp, eurusd has commonly have 50pip sl distance whereas gbpusd has commonly 45pip distance. this is often primarily based onto their daily average range. however keep in mind this settings solely apply involving this moment, however possibly later on it will fluctuate.

[makmur]

well, the whole thing depends from the equity, and the scale of your respective lot. i stopped and get a loss of 10 pips regarding the use.
this can be just how much is money you're willing to actually be flexible reckoning on the money you'll distabilize.

[ruarbiasa]

it is depends on ur trading stratgy what time frame you are using if ur tim fram is 5 mint then ur stop loss and take profit also short like 5 pip or 10 pips bt if u are using daily or bigger tf then ur tp and stop loss alos biger like 100 pips etc

Stop loss tool is a very useful this tool use to get benefited account never zero so i think every beginner and every trader should use stop loss and they can save their account to zero and need to take learn and earn experience so that can want to not use stop loss.

[crez fx]

well, that may be a bad expertise, and that i have had that expertise myself too. it's a lot better to actually use a sl and tp then hope that the trade can hit your tp. if your internet connection goes off generally, then a trailing stop may not be of abundant use to actually you.

[passionateforex]

well, it mosty depends on how market is behaving. If market is very volatile then it should higher and if it is less volatile then it should be low. So, you have read the market first and figure out how many pips market is moving up or down in a day then you should set the stop loss.