How many pips do you think is safe for SL ?

[shahjee]

well that depends on many different factors, first what is the timeframe in which you are trading. a day trader would follow with the help of trendlines and many other indicators so generally he opts for a close stoploss but a fixed value in pips is very difficult to tell

[baidi]

it depend upon your capital amount if you have high capital then you can handel more pips for stop loss and if you have low capital then compaitively low pips are even dangerous for you

[asadz]

Sometimes you can set stop loss to 70 pips only and sometime you can make it 100 pips its all about your study and market condition.

[beautifulrose]

Forex trading main hum apni investment ko loss se bachanay ke liye Stop Loss ka option use karte hain. Aur ye har trade ma 30 to 40 pips ka lagana behtar rehta ha.

[mountainbird]

It depends on the current situation. many times i put stop loss about 50 pips and after that if my trade go to profit then i always change my strop loss after some time. and i make 10 to 20 pips and close my trade because i feel happy to take small profits rather then make loss.

[Rooney]

In my opinion, it is depend on your money management, how far you will risk your capital to get profit? How far you could stand for minus floating? And how much loss that you could handle? Level of the stop loss or take profit will come with your long experience.

we can also use the number of pips for a stop loss that is lower than the target of trade that we have so that when moved our stop loss in trading is still possible to benefit only one benefit, such as in a single trading stop loss and trade touched both your benefit can be beneficial because it will take a greater profit than stop loss

[MarwanDalimunthe]

Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

I strongly agree with your opinion, but I think we only count the capital that we have, if I put up trade with TP 15 pips then I will make the SL 30 which is in line with the condition of my capital ..

[astrofx]

I never use Stop loss when I open position. I always use hedging strategy when my position is wrong. Stop loss always make my emotional feeling bad..
Every trader always hope that their OP will hit TP, not SL...

[semum0000]

many times i do this less stop an idea
in order to do and positive

[Andra FX]

I often set the stop loss 5 pips below the opening price will analyze the position if I had good movement will occur, by setting a few pips take profit I earn I can also set a stop loss. Why I give los stop. in order to avoid substantial losses when reverse what price