How many pips do you think is safe for SL ?

[ratna]

if you do have smart knowledge regarding forex analytical matters additionally as risk and money management then i think a trader really should be take 2% risk of the specific trade. but if you are willing to have smart analytical knowledge in which case you haven't any have to firmly be compelled to use stop loss use no more than take profit. this tips no more than applicable for professional forex trader not for beginner.

[jazzfx]

You should place stoploss at previous swing high or previous swing low because when your stoploss gets hit then you will realise that the market was reversing and it was the better time to exit the trade and limit your losses.

[udud]

around my opinion, you must not use stop loss strategy if you have got not enough confident making use of it. as a result of this operation can hunt your money in case you are traveling to place wrong. 10% or 5% is higher of balance to apply it.

[imamwahyudi]

I think to set a stop loss that depends on the strategy you use, at this time I prefer to use the H4 timeframe swing technique, I always use about 100 pips for stop loss, because price movements tend to be stable in the H4 timeframe

[rajkumar1991]

mere khyal se 40 pip tak huamre acha acha hoga mai itne me hi apna sl lagata hun isse acha mai koi nhi manta hun ye sl mere liy best hai mai isse ko use karta hun .

[sinarfx]

it's a common rule that stoploss ought to at the very least half as to actually the take profit quantity, as well as different words, the stop loss and takeprofit comparison ought to 1 :2 in ratio. other then this is often absolutely not fixed rule. what most essential is how will you bring it in the event the worse happened towards the stoploss. will you settle for it. its all back towards the basic rule in forex trading, solely trade the quantity that you might want to afford to loose.

[garmink]

I think 30 pips is enough for stop loss while target profit is 50 pips. I think those hwo have large capital back up do not need to use stop loss. Because it is one kind of loss also.

[fxmaster2]

yes friend you are absolutely right..
stop loss depends on various conditions...it depend on individual,s 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 and trader to trader

This may depend upon your amount of capital and the hope that the price may bounce back from support or resistance level and may get your trade into profit again. Some put stop loss really close but some put it accurately on those points where they think that stop loss is sure to save loss.

[jeki]

there can be no limit of stop loss it's totally depend your flexibility for that trade conjointly on your own own balance. other then in spite of if you want out to have minimum loss and then it ought out to be 50 to 100 pips that would be reasonable.

[desdrum]

There are many safe stop loss. Not matter we use how many pips for our stop loss, i think it still not safe, because we still can get loss, it means the price still can hit the stop loss and makes us lose our money