How many pips do you think is safe for SL ?

[mutokhir]

Trading without stop losses very, very ill advised in forex transactions, unless you are "brave" when floating minus cutloss, even this very rare traders who dare cutloss except that already experienced and mentally strong ... If , every open position it should be accompanied by his OP SL and TP, remember "RISK FIRST, PROFIT LATER"

[champy]

Sometimes we put the stop loss according to our experience in this market. the thing is that we need to find out the quick analysis in this market to have the more good way of tradings without any big problem.

[sweet786]

I do not have a exact number of pips to take profit neither stop loss I only have a ratio for this if you take profit by 1 you should put the stop loss is 1 or 1.5 so you will have best chance to get profit! However it is really risk because when you get lose you will lose more than you earn...........

[thirupathi]

The 30 pips and anything more than that is not advisable at all. This is because if we are going into a loss 30 pips then it clearly means that the trade totally wrong and we need to revise our study and again make the trade with the correct market sentiments in the event of the hedging we can go for a stop loss 50 pips since we are not sure which way the market will go and that is the range which decide the movements.

[shalman]

all right, if we use a measure of capital then put lots of cock cock then no problem but if adopted small capital then use the lot size of this cock forced

[Rajmano]

Using stop loss is safe but i did not use at all trade ,if we have risk at open position then i use stop loss at minimum 40pips are 50pips ,also at market time i use both stop loss and take profit i think its safe for my trading

[dilljeet]

Dakhin ya aap k capital or lot size py munhsir krta hy or mani to vasy b SL boht kam hi use krta hun kiun kmain lot ka size kam rakhta hun is sy koi trade loss main b ja rahi ho to vo b again profit main aajati hy

[liezang]

sometimes so profit once with no SL, we are so PD loss
continued with no SL in the next OP.
but we NEVER know the way market.
very dangerous.

[eng.adham]

for me , i usually set my stop loss limit at 50 pips . i think that this number of pips is very safe for stop loss limit .
but the best way to set your stop loss limit is to define the resistance and support lines that can show you when the price will transverse his direction .

[bharat23]

Well if you have a take profit of 10-20pips then you just use the Stop loss for 50-70 pips because there can be a draw-down this much but not less than that but if the target hit the stop loss then you should go with sell or buy depending upon the stop loss to be more profitable or to cover your loss.