How many pips do you think is safe for SL ?

[turbin]

sometimes if we place the stop loss at 30 pips is good and sometimes the more big stop loss will hit first. my friend put the stop loss at 700 pips and take profit at 120 pips. his stop loss hit first then the take profit and he has lost all the money in the market.

[hasan43]

sorry friend i'm not believe you...sl is rely upon your commercialism vogue..if you're day monger then your Sendero Luminoso is also a lot of then 200pips...
so sty to line Sendero Luminoso accourding commercialism system not base on pips..but additionally cosider cash management.

[lady]

More than 50 pips will be safe for SL. with less than 50 pips, we will easy to get stop loss. or we can use more than 100 pips, if our take profit can be more than 100 pips also. it really good stop loss

[thirupathi]

Only i am think sl should be of 50 pips i usually keeps sl with 50 pips and tp at 50 pips when we are in profit we can use sl as to avoid loss in our trades as like take profit i mostly using it there is no particular sl and tp and it depend fully on trader and his her strategy and depend on how much balance there. For me sometime i select 30 pips and sometime also 50 pips and it depend on market.

[burq]

Setting stop loss and take profit depends on market situation..
sometimes you can set stop loss to 50 pips only and sometime you can make it 200 pips..Its all about your study and market condition..

[itine]

In my opinion, I think it is safe to use 40 pips stop loss, and it is ideal but we must also consider the amount of volume that we use lot size is beyond the ability of our capital or not. Because the result will be obtained from the stop loss amount multiplied by the number of the lot size.

[thirupathi]

To many loss may different by different trader, Some use half of the take profit or some use double of take profit or some use manual. But i use double to take profit. 50 to 100 pips only and sometimes you can make it 200 pisp. Its all about your study and market conditoin i sually keeps sl with 50 pips and tp at 50 pips when we are can use SL as to avoid loss in our trades as like trade profit i mostly using it.

[gurmeet]

Humein apne har trade mey definitely stop loss use karna chahiye.Mere hisaab sey humein kisi bhi trade mey apne account ke 30% sey zyada risk nahi karna chahiye.Main 10 pips take profit ke liye 30 pips stop loss set karta hoon.

sahi baat hai hume humesha aisa nhi bana ke chalna chahiy k stoploss hume 50 pip use karna usse n kam use karenge n usse jayda aisa nhi karna chahiy hume trade ke hisaab se stop loss use karna chahiy mai humesah aisa hi karta hun .

[manci]

According to the strategy adopted by you, however i counsel you to line a rate of 1:2 to require profit
But I perpetually, as i choose the time-frame i am functioning on smaller time-frame, the less stop-loss

[algo]

It is more safer than if we just simply setup our stop loss with some fixed number like 20pips, 30pips or 50pips,because I prefer use cut loss or hedging, some expert trader was not recommend this strategy, but I feel comfortable with this, so I still use it