How many pips do you think is safe for SL ?

[shahedtalukdar]

I think it is very important on your trades, if you are newbies. Most experienced traders hesitate to use Stop loss. They analyze well and place the position, they also wait for a long time to achieve the target. This is suitable for me.

[Juleenayer]

Stop loss is very important on your trades, if you are newbies. Most experienced traders hesitate to use Stop loss. They analyze well and place the position, they also wait for a long time to achieve the target. This is suitable for me.

[Andra FX]

I normally target 25 pips so i keep an sl of 25 pips, so it is either a gain of 25 pips or a loss of 250 pips never more, if it hits my sl then the trade was not good and i need to work on the entry, if i collect 25 pips then the trade was good and i feel happy about it, i never hunt for more, i feel whatever i get is profit in bank

[njanjua]

well pips ki baat ki jaya to i think 10 to 15 is save, yaha market sometimes 300 pips tak chali jate ha. is leya hama saver sidepar rhna kay leya stop loss ko apna use main lana cheyaha hai

[Ruhini]

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 don't think that the stop loss should be described in exact numbers. I think that stop loss should depend on the take profit. 50% of the take profit can be ideal for stop loss. I mean if you trade with 50 pip TP, then you can use 25 pip stop loss. But the amount varies from traders to traders. For some traders it can be 10%, 70% and even 90%. It also varies from strategy to strategy. There are some strategies which have no definite stop loss.

[Rak]

this is very difficult to asnswer as sl is the thing which no body wants should strike in forex, it is not safe to strike sl even then it saves us from a big dissaster and we are safe. how many pips safe for sl can not be said as in some market situations 2o pips are safe but in other even1 pips strike so soon , so it depens how market is moving.

[gani_bro]

i think about 20-50 pips , but i rarely use stop loss for my trade, i only use take profit for it, except if there is news high impact release

[edwardoJ]

I don't think there is a "perfect" way of figuring out which stop loss you should pick. I mean it's different for everyone because there's a lot of factors that would be taken in to consideration when setting a SL.

[ABEDIN 18]

actually using atop loss is mainly depend on every traders trading idea and experience. so i am maximum time use 30-45 pips for stop loss and i think this area is the best for set up in stop loss.

[fikram]

for comfortable and can get consistent profit and use the money management in any transaction is actually no problem not using SL also already has a rule that is important to cut loss if the price is not in accordance with the initial analysis.