How many pips do you think is safe for SL ?

[tansepar]

There is no standard. It all depends on how much you want to make and how it relates to your lot and stop loss.

In forex when you make decisions you really need to be cool mind , with out it you can't make a single proper decision. its also a part of emotion control tool of this trade and market.Being angry or aggressive while a trade is going bad is a part of human emotions.., difficult to control, happens with all of us.

[faisal 381]

we should not put stop loss just by numbers.

Share your views...we can not generalize the exact pips for setting stop loss..it depends on situation to situation and trader to trader

[sheriffex]

There is no standard. It all depends on how much you want to make and how it relates to your lot and stop loss.

[craft]

i think the level of risk you need taking can rely on you ensuring that you'll arrange the stoploss however if you raise me i will be able to rarely utilize it which too no matter if i take advantage of too i will be able to use in the event the account nearly raedy to blow therefore i've make use of it while not creating such mistakes once more

[ruarbiasa]

to set the sl I think we do not assign by using multiple pips, we better put by using a line of support or resistance, because in that market will going on line law of supply demand, so when the market like that then there is 2 possible prices will reverse or continue, so it was the right way.

since forex trading business is very uncertain business and the market is unstable then we should use stop loss and take profit. it will help you the most to attain desire amount of profit and loss.

[samirkhan]

to set the sl I think we do not assign by using multiple pips, we better put by using a line of support or resistance, because in that market will going on line law of supply demand, so when the market like that then there is 2 possible prices will reverse or continue, so it was the right way.

[nunung]

its depend from the capital and also your business strategy. if you do trade short term in that acse become risky and you must set sl as like 50 pips or it too depend from the capital and set up. as well as for long term trade you sl have to firmly be high for short term sl.

[harrysidhu]

mere hisab se apko jitne bi mile jiada se jiada and kmm se kmm usko shodna nhi chaie le lena chahie kyo ke kai bar hmm lalach me aa kar lose kar jate hein bhai and hmme bhut nuksa hote he

[Sara Khan]

inserting the stop loss slightly below the value pullback is indeed a really sensible strategic location. that�s as a result of a value pullback may be a turning purpose for any trend to resume. even when it's in no way strong trend, however a minimum of we think that the value is traveling to move quite a distance as direction.

I remain faithful to use a stop loss of 50 pips, with a stop loss limit, I have flexibility in managing risk, simply by risking a margin of 2% per transaction for the position enough to make me get psychological comfort during the trading activity

[mela]

it depend on individual is study his account balance his experience etc so we can not generalize the exact pips for setting stop loss it depends on situation to situation.

so many ppl practise to make a prefect trade but ended with a huge lost at the end , if we want to make a prefect trade we need another software to find the setup, Learning and training is something that should run the trader if we are to succeed in this business. The more often we practice the more we are good at making decisions