How many pips do you think is safe for SL ?

[signil]

Setting up of Stop loss depends on several factors.It depends on the commerce strategy of the dealer , what quantity cash he's investment within the trade , the chance he's willing to require and also the gross margin.So the quantity varies from trade to trade.

In scalping it's around three - five pips and in position commerce it is around one hundred pips.

[win]

most of the traders use the risk ratio of 50% for the take profit and the stop loss , means the the stop loss and the take profit will be in the ration 1:1 , if stop loss is 20 pips then take profit is also for 20 pips

[sahuri]

SL is core of cash management..so Stop loss ought to be in correct management..and fifty to a hundred pips is best for stop loss..and so Sendero Luminoso ought to hav priority abt order..

[Mariem]

When you set your stop loss too tight,meaning 10 or 15 pips only the market can easily hit that. I have bad experienced with tight stop loss that is why i am setting my stops at 20 to 30 pips because that would take time to be hit by the market unless there is abnormal spike going on.

[erlangga]

I always adjust to the market conditions at the time I do the trade. when the market is so messed up, I usually take into account the strict about SL. but are evident in every trade, I always use SL. because I think SL is the most important in forex trading, which helped us minimize the risk, so that will make us able to survive well in the forex business.

[Raj.Kumar]

I think, Setting Stop Loss and Taking Profit in a fixed Pips/point is not a wise idea. Cos price move also not in a fixed range. Price move in free, there is no fixed or exact in market. in doing so, better if we aware about price potential target moving.
Here and as many senior told, that actually price usually has potential target in every wave/move, and it's usually known by Swing, swing high and swing Low. There we can use it as important level, in placing entry or setting target.
Or using Support and Resistance, by these we can also set Stop Loss or taking profit level. So there is no way to set SL/TP in a fixed pip range i think.

[hilman]

I commonly target twenty pips therefore i keep associate Shining Path of twenty pips, therefore it's either a gain of twenty pips or a loss of twenty pips ne'er additional, if it hits my Shining Path then the trade wasn't smart and that i have to be compelled to work on the entry, if i collect twenty pips then the trade was smart and that i feel happy regarding it, i ne'er explore for additional, i feel no matter i buy is profit in bank

[nini]

stop losses ought to be supported the sort of trade one will. if you're a speculator, then your horizon is incredibly short. it's higher to assess the overall movement of the try and also the loss ought to ne'er exceed a particular proportion of the margin utilized.

[DBS]

stop loss terribly important'>is essential on your private trades, if you're newbies. most experienced traders hesitate make use of stoploss. these analyze well and add the positioning, these conjointly watch for many years to get the target. this can be suitable on behalf of me. allow us to discuss.

[shanju48]

The stop loss would be varied just diverse dealer. The number of service 50% of the profits or the number of the yards of double income or is associated with the number of uses of the wizard. Although I use to profit is associated. This is a really safe and healthy for me personally.