How many pips do you think is safe for SL ?

[nobel77]

i think SL should be of 50 pips i usually keeps sl with 30 pips and tp at 50 pips when we are in benefit we can use SL as to prevent decrease in our deals as like take benefit i mostly using it

[Gatu]

there are so many ways that you understand where and when you are working in these market and always be the bestof traders. well.

[eng.adham]

for me , i usually set my stop loss limit as 50 pips . but it is better to set your stop loss limit at resistance and support lines which can show you when the price will transverse his direction .

[triyo]

sincerity will produce real results as well .. aka real .. Challenges will always exist nowhere, just sincerity of our hearts that will answer the challenge .. looking for consistent profits is a challenge for traders, and if traders want to earnestly trying to answer these challenges, it will always be a way to get through these challenges

[amith]

for the sl I rarely use, I prefer the menejement lot of healthy and vital market area because in the tau market that prices will definitely be back and forth, so if our strong equity and we provided strategy is sure to be a success


but I suggest to put sl 10 pips above the resistant or 10 pips below support

[tereliyefx]

no one is safe on any SL, SL benefit is to keep the equity you do not run out in a single transaction, I put SL on suport resistance area or nearby, do not regret when your SL badly wrong because its not Sl but less precise your analysis

forex trading should train seriously with the analysis reduces mistakes in forex trading analysis, but the analysis should be studied by using a trading system and learn it correctly, should reduce the emotional and greedy, avoid losses and the margin call by using money reduced risk and every trade must use system trading

[Andra FX]

its depend on the balance available in you account.Now here comes the main factor called money mangement.According to your money management you have to set your stop loss and take profit

[winwinwindu]

I accustomed use the magnitude relation 1: three. one for Stop Loss, Take Profit and three. as an example, we tend to specify the Stop Loss is ten, then we are going to take profit is thirty pairs. thus if within the open position of ten times we tend to lose the maximum amount as seven times and won three times, then the calculation of our profit is 90-70 = twenty. we tend to were lucky as several as twenty points.

[triyo]

Impatience and too ambitious to be able to get profit quickly until the mind becomes irrational. do not let us we were hypnotized by how much we earn profit but should we question how much our ability ... so of course we would be cautious in their stride.

[shapna100]

Depending on a education it ought to be bigger than TP pips, Though a majority of days as i avoid using Discontinue the loss in cases where efficient buying through H1 then simply the nation's better to contain Discontinue the loss available 50 pips designed for H4 we've got to grow the application.