How many pips do you think is safe for SL ?

[sultan fx]

on behalf of me it was actually too very little, i set a stop loss for as numerous as 20 pips scalping transactions and target 10 pips...
as a result of sometimes if perhaps 10 pips, stop loss is usually touched...
7 pips in the event the value is only the opposite, with spreads 3 in that case stop loss was hit...

[dasmika]

using the stop loss or cut loss will help us to make the minimize to the loss that we can got , and make us do not got too much of the loss on our trading , so this is really good for the trader to using it

[noman9t8]

i think 20 pips is the safe for you and you can stop your take also 40 -20 is enough i think if you are so many greedy then you will be loss you money and i think when you take risk without knowing i think you will be fail in forex trade

[m16kamran]

mara khaya l main ya bat depend karti hai apka balacnce and dosra apka profit pa . agar apa profit ka target 20 pip set karta hain to stop loss ka target 30 ya 40 pip tk thek rha ha ga . and agar ap ka balance ziada hai , ap ziada loss bear kr skta hain tou ap ki marzie hai , ap ya target bara b rkh skta ahin.

[ansi09]

Unfortunately you can't set a " standard " stop loss or take profit pips for your trades. Many factors contribute to setting u p the right pips on those before mentioned. For example your trading strategie(s), scalping or intraday, swing trade(s),...& most importantly, the market's movement. It all depends on the trader itself my friend, but i can advice you that the best stop loss & take profit can be set by looking at the best goal (take profit) that you forecast the trend will hit, & the damage control (stop loss) that the trend may reach & change it's direction. Personally, most of the time my take profit pips are higher than my stop loss ones.

[nobita]

its rely on the balance obtainable in you account. currently here comes the most issue known as money mangement. according to actually your money management you be required to set your stop loss and take profit

[sadeeq akbar]

Mere khayaal se beginners k liye toh 0.5 pips hiii bht hoti hain kaafi hoti hain aur yeh toh safe bhi hoti hai ager aap is per trade krte hain toh aur aap ko kisi cheez ka dar bhiii nahi lagta ka haan g bht zadaa loss hone laga hai jab aapko lge k han g profit hi honaa hai

[fesmoka]

determine TP and SL depends trading systems that are used every trader. SL is very different uses to determine safe point. I think TP 10 pips and 30 pips SL is great for beginner traders, many traders trade without a stop loss.

[ObaFX]

there is no ideal number of pips to use as stop loss since the market is very dynamic and constantly changing so the application of stop loss should be very flexible to enable you as a trader cope with the changing market without risking more than you should

[ngadimin anjing]

yes i too assume thus. after we do scalping then everything happen terribly quick and once all time infront of your pc then its not necessary to utilise set sl however while not scalping its needs to be set sl and tp as it could secure our account.