How many pips do you think is safe for SL ?

[duua]

yes we can not judge the stop loss with the numbers we set, it may depend on the chart situation and the support and resistance levels, but I want to tell you that always placing sl and tp without your trademark will be risky, because I have lost my account with do not install sl, you can also use 50 pips for sl. and I think the safe amount of pips to set sl depends on the pair and the market where we trade ... in london market and newyork usually higher volatility, stop loss should be bigger .... asia and australia are to flatter so stop lose is not too big ... but it also depends on your type, is it swing or scalper ...

[vrindavan]

Stop-loss is very important to use in trading and also the setting depends on the trader. Different traders, different stop-loss arrangements. I set my small trading stop-loss of 150 pips because I trade in swing purchases and sales. I left trading for a very long time and so I need lots of pips for my trades. Sometimes I set a stop loss of 200 pips. and If you use stop loss then it is not possible your account can experience Margin Call because the order will press Stop Loss first so that no other loss. Stop Loss is used to prevent Margin Call if you do not change it often. Placing the Stop Loss will depend on the open position as well, if I will set the SL in the range of about 30-40 pips from the open position.

[coramel]

My brother I do not know about this option because I am a new trader and I do not use the stop loss option I prefer short-term trading and when my trade gives me an advantage, I close my trades immediately because some advantage is better than loss. and, it was a bad experience, and I also experienced that experience myself. Much better to use SL and TP and then hope that the trade will hit your TP. If your internet connection goes off sometimes, then a trailing stop may not be of much use to you.

[genefx]

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 like TP: SL ratio as 2: 1 like that. It depends on the merchant's needs. and I do not have the right amount of pips to take profit does not stop losses I only have a ratio for this if you take a profit of 1 You have to put a stop loss is 1 or 1.5 so you will have the best chance of making a profit! But it's really risky because when you lose, you will lose more than you earn! So try to win more than lose!

[seblak]

yes it is true if you see the market will change and move against ur order from you will be out of that order. but in my knowledge always use stop loss and take profit .. so if market profitable u that time you can edit tp..so u gan more profit. or use trailing stop for more comfort..but here in india. power problems are so dangerous so we use tp and sl..to avoid ... the tension remains. and I think trading should be stopped when I lose more than 50 pips. If I do not stop it within 50 pips, I will see an increase in losses in my trades. So how long will I wait for my profit to keep myself for further trade.

[diantara]

Yes, good enough to make the decision to place a stop loss before entering the position so you do not have to incur any losses from that position. Stop losses should be placed on strong resistance if my positions are sold and on support if a buy position and I think it depends on your capital and your trading plan. You can decide by calculating how many risks you can release. You can use some technical indicators as well. For example, you can use the Fibonacci retracement level.

[Goodboy]

depends on how much funds in the account .., I manage a small fund to tide me my SL 20 pips., and also the same TP 20 pips, if I have another large fund which is sufficient to hold the margin, so I'll play with the intraday and I'll set the SL between 50-75, and if more than that may predict the trend will continue and certainly a long wait for the price will go back

[changi]

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. It is more important for you that you must place a stop loss at the appropriate level so you can not hit stop loss immediately and you can benefit from that trade. Just go for the chart and get the main support and resistance level in that place you can place the stop loss.

[dumel]

Stop the important losses to be used in trading and the arrangement depends on the merchant. Different traders, different stop loss arrangements. I set my trading stop loss of 150 pips because I trade swing trade. I left trading for a long time so I need lots of pips for my trades. Sometimes I set a stop loss of 200 pips. and, what I mean above is my SL for daily trading, but for scalping I will definitely make it tighter than that, and I use a minimum of 1: 1 risk to reward ratio, I never set it lower than it causes it to be easily explode your account

[sapolang]

I depend on different conditions but I think the one I use is 50pip, in fact it depends on the volume, the amount of money laverage etc so in different time different decisions have to take and There is no safe point to set stop loss, what should we do is setting the stop loss should depend on the risks we can take based on the money available in our account and the nearest support, resistance points on our charts.