How many pips do you think is safe for SL ?

[kholil]

when I apply the daily trading strategy, then I place the SL as much as 50 points. SL is better than having to enter 100 + cutloss point. Although my SL is 50 points, if before it touches SL and I feel the price will not come back, then I will cut the losses before the SL. and Pivot point is a very good tool to use in setting stop loss and take profit targets, but the important thing about setting your stop loss is that you have to give enough room trading for manouvre and this means that your stop loss should be big enough. The second thing is that no matter how big your stop loss is, it will not risk above 10% of your margin.

[tong]

I always use a 1: 1 ratio to take profit and stop losses. so when i install tp 50 pips, then sl also 50 pips. I also always use trailing stop to secure the profit I can. so, if the price reverses direction, I get a profit, albeit still small. not important. It is important to use a pivot point to define your SL and Target along with good entry level. And I have noticed that there are often some who find some support or resistance at this level but I still like to watch my own market and mark the important resistance and support for my trade.

[cristalin]

I think sl is the enemy to our advantage, like when our position touches sl, then we all profit also apply to the loss, when we take it tp high, and if we take a small amount of pips then our chances are lost will be increased and if we take it high then we can lose our balance. and I agree with you depending on the trader's mind or trading system. but I think 100 pipes is safe enough for stop loss. if a trader trades for the long term then he can change his SL and make it longer.

[qomat]

Yes, you are right. L should be decided with Support or resistance and they act as a good one to determine. Even the pivot point is also good at deciding. So one can place SL based on this or a set value such as TP: SL ratio as 2: 1 like that. It depends on the merchant's needs. and To set stop loss do not put it by numbering and who can afford it or not. It should be placed at the point where you think if the market breaks through this point then it will change its trend and will move against you. It is a great place to put SL. And if not affordable then do not trade for now and wait for the appropriate position.

[rabnaj]

I never use random pips .. I am trading with strategy .. and my strategy tells me the amount I should use as stop-loss .. I give my stop loss at least 10-20 pips higher than the next resistance when selling and the amount the same is lower than the next support level when buying ... this trick saved me many times .. because the price is completely reversed most of the time after reaching that level .. and this keeps my trade alive. and how many pips i think is safe to sl .. which depends on the situation .. some times 20pips or some time 50pips .. mainly i use the resistance and support line .. for sl .. and tp .. in the basic daily graph .. sl is min. 100pips or more..when on a 1 hour basis. which some times 20pips some times 50pips .. i use it but max. when you get out of the market before hitting sl .. at that time i'm waiting to hit sl .. because i'm using moving average. so when there are candles open above or below with gape .. the signal is now the price will go down or flat.

[kazna]

if you trade as a day trader, 30 pips will be enough to be considered a safe stop loss. but if you are a long-term trader, such an amount will surely kill your account immediately. so the bottom line is, stop loss should depend on your strategy. and I hate to see when my surfers are from lack of patience, and have sl, let alone i hate to see when i got sl for 20 pips, and then the price move towards me ... trader this thing should get more, or he will lost side ..

[mimisan]

Yes stop losses and take profits depending on market conditions. But if you have enough balance then you can set your stop loss with big pips. I think you should set stop loss and take profit with support and resistance level. I also set my stop loss and take advantage with support and resistance levels. and for me I like setting stop loss and taking advantage with some pips to ensure that I will not make big losses and the price will hit take profit, also I prefer to arrange take profit with pips more than stop loss to increase the chances of making money

[skfx]

Forex market mein hum jab startage banaty hain to sl aur tp ko bhi set kerty hain aur in kay darmein jo ratio ho hain wo 1/3 ki hati hai.her tradder appni starage kay mutabek kam ye ziyda ker sakta hai.

[anju28]

Forex ke market me trading karne ke liye trader ko very important hoti hai stop loss laga trader ko market me achhe se analysis ke baad hi pips ko set karni chhaiye support and resistance levels se pata kar ke set kar sakte hai main jada risk nahi leti hu.

[abas]

Yes stop losses and take profits depending on market conditions. But if you have enough balance then you can set your stop loss with big pips. I think you should set stop loss and take profit with support and resistance level. I also set my stop loss and take profit with support and resistance levels. and for me I like setting stop loss and taking advantage with some pips to ensure that I will not make big losses and the price will hit take profit, also I prefer to arrange take profit with pips more than stop loss to increase the chances of making money