How many pips do you think is safe for SL ?

[jisokofx]

We are the beginner Trader. I believe thirty pips are often guarded along with with regard to in order to sl. Forex currency trading are often therefore rewarding company on the planet. when you have a great experience it is possible to call and make an outstanding earnings each day within Fx.

[coolfx]

stop loss may different by different trder. some use half of the take profit or some use double of take profit or some use manual. but I use double of take profit. this is safe for me...best of luck

[ilovefx21]

i myself uses only 20 pips stoploss and risks only 1% and i think that every trader is different and every trader has different trading styles so the stoploss will differ and you should place stoploss according to your need.

[coolfx]

thanks for good advice guys, in my opinion risk reward 1:2 is good for all trader, not only for begginer. i use it too..thanks

[champy]

sometimes the tight stop loss like 30 pips is not going to hit easily and sometimes the more big stop loss is going to hit easily but the thing is that we should put the stop loss only when we think well about the market.

[naziakhan]

i once used fixed pips for my stop loss setting and it was good enough. my stop loss at that time is
15 pips. when i use instaforex i use 15 pips plus 3 pips spread so it's 18 pips. but it's only good
if you are trading using euro yen.

i think this is very good stop loss for scalper and if you are long term trader then 15 pip is very small stop loss ,in long term trading our stop loss should at least 100 pip , it will be safe stop loss for long trading .

[damado]

the good and tight stop loss will be more good for the traders. if we think that we can place well trades then we can put good trades with the good stop loss so that our analysis should be strong for well tradings. the 100 pips stop loss is satisfied for us.

[realking32]

According to me, the most safety option for putting stoploss is, you should put it below or above previous swing low or previous swing high and i think this is a good option and you will be satisfy when it is it because it will indicate a reversal.

[100 to 1,000]

i once used fixed pips for my stop loss setting and it was good enough. my stop loss at that time is
15 pips. when i use instaforex i use 15 pips plus 3 pips spread so it's 18 pips. but it's only good
if you are trading using euro yen.

[fxmoney]

It is totally depend on the fact that how much risk you have to take on that trade and if you have to take high risk then you must have to place the trade near your trade position and if you have to trade with low risk then you can place trade farther away.