How many pips do you think is safe for SL ?

[trader_ngewot]

I think when we are wrong in the position more than 20 pips, maybe it's the price trend has changed and make the psychology of trading is interrupted, it may be dangerous, because when you are fighting the trend and averaging techniques you can use

[Sara Khan]

i think to use the stop loss and the take profit you need lot of trading skills.It not easy to implement stop loss and take profit , you ahve to set their target you can do this by using daily pivot point.,

The perfect stop loss can be referred to as stop loss with a loss of the amount that we are ready to receive. why? useless because you use a stop loss which amounts to a very large if you have made ​​a great psychological pressure for long periods of time

[win]

i think to use the stop loss and the take profit you need lot of trading skills.It not easy to implement stop loss and take profit , you ahve to set their target you can do this by using daily pivot point.,

[fxwahyu]

if I am in this trading typically use a stop loss of 30 pips and I set a take profit of 50 pips so for me more secure trading with a small profit, but it would be safer if I use stop loss so that I do not loss too much

[ferd]

My stop loss is depend on my take profit. if my take profit is much then my stop loss can be much also. but if my take profit is so small, then my stop loss can be small also. it depend on my risk management also

[Sara Khan]

stop loss depends on varied conditions...it depend upon people study,his account balance his expertise etc...so we are able to not generalize the precise for setting for stop loss i depends on scenario to trade.we use stop loss and take profit for every orders.

every forex trader has the knowledge and experience of different trading, this is what will affect the trading activities, one of which is to determine stop loss. in my opinion, regardless of the actual amount SL can not be called safe, that we can do is make the SL as a savior or a way out of the loss in order to secure the funds that have been invested

[ramadani]

stop loss depends on varied conditions...it depend upon people study,his account balance his expertise etc...so we are able to not generalize the precise for setting for stop loss i depends on scenario to trade.we use stop loss and take profit for every orders.

[sahuri]

i think it all depends upon the merchant and its all depends upon his investment and capability of loosing cash as a result of if you have got sensible investment and you're certain that by going this a lot of of down your currency can for certain go up then you'll be able to take the chance however just in case you do not have sensible investment then there's no ought to choose it.

[fxmoney]

When you have to use less risk then you can place the stop loss far away from your trade so that you will not trigger stop loss as you have good patience over your trade to gain good amount of profit from your trade for long time.

[ishvara]

After a critical study of money management and its understanding, i had to adjust stop loss to 30pips, thereby making take profits 60pips, or 90pips depending on market conditions, so making it a risk reward of 1:2 or 1:3

Yes, the risk reward ratio that we maybe using in forex for our profits targets and loss amounts is actually good for all forex traders. The stop loss should be like 50 pip and take profits like 100 pips, depending on the trader