How many pips do you think is safe for SL ?

[fxbrother]

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 depends upon the volume you trade with and the profit you want to make because some time the trade goes from loss to profit. Stop loss can be put at 50 pips,40 pips or 10 pips if your lot size is the lowest. Using it is best then losing money.

[garmink]

Most of the time i do not prefer to use stop loss. I think it is not a good thing to use for every single trade. If you have strong back up, then you do not need to use this. Actually pips on stop loss depends on then market situation. On an average 100 pips will be good for stop loss.

[knuckle]

I think instead of how many pips are safe to put a stop loss. but more important is that we find the right spots to place the stop loss, because in a way it would further reduce the possibility of price movements stop loss hit. Perhaps by identifying support and resistance points first, and then we can put a stop loss at that point, and I think it's safer.

[radja]

I myself have never put a stop loss, but I think it's very bad stop loss once, if we could not put right, so in order to put a stop loss that wasn't just a few pips, but with analysis and preferably placed 15 pips above the resistant and 15 pips below support.

[Sara Khan]

My stop loss is not fixed, sometimes just 10 pips, sometimes 30 pips, sometimes 50 pips, and sometimes 100 pips. I use many trading strategy, and it makes my stop loss is never fixed

stop loss of 50 pips is relatively ideal and not easily moved if we relatively have good analytical skills, but the stop loss 50 pips we can not guarantee safe from harm, so prepare yourself to accept the loss caused by the stop loss which touched an action the most prudent

[sushmita]

G mary khyal sy 50 pips bht hain sl k liye kyu k main itny hi use karti hu.or in sy mjhy kafi acha profit bhi hota ha.to itny thk ha sl k liye.

[lights]

My stop loss is not fixed, sometimes just 10 pips, sometimes 30 pips, sometimes 50 pips, and sometimes 100 pips. I use many trading strategy, and it makes my stop loss is never fixed

[belasan]

yes, you can right. sl ought to actually be set with support or resistance and that they become sensible one to see. even pivot points are additionally sensible in determining. thus one will place sl based mostly for this or specified values like ratio of tp :sl as 2 :1 of that sort. it depends on traders would like.

[Sara Khan]

I think 20 pips is the safe target for SL but most of the time I chose my SL on support and resistance levels and not on the value of pips because when we chose SL in few pips then it can be easily hit and we lose just for nothing.

there is no standard number of points that can be referred to as a stop loss that is safe, because everyone will certainly have a different perception towards it. as a trader ... is natural if we stay disciplined use of stop loss that has value losses that we are ready to receive

[nirpolash]

I think 20 pips is the safe target for SL but most of the time I chose my SL on support and resistance levels and not on the value of pips because when we chose SL in few pips then it can be easily hit and we lose just for nothing.