How many pips do you think is safe for SL ?

[utedzz]

I think the use of SL should be based on market conditions and time of opening of buy and sell positions. to be more precise is the number of points you can burn Relax to lose. I agree with you that "its all depend on how much you afford to lose and we have to put a stop loss by checking resistance and support levels'

[joynan]

I think that every new trader for stop loss is very important in forex market. But i don't use stop loss in forex market, because i do money management on my trade. So i think that 50 pips is save for stop loss in forex market. Thanks all.

[fariza]

i think it will depend on the condition of market if the condition of market is sideways we dont
have to set big SL and big TP but if the condition of market is trending we can set big SL and big TP.

[hend]

SL is good to take into account for each of my position, I usually always depend on the market situation, and my profit target. Therefore, I do not have exact calculations in using SL. but clearly, in every position I have to use SL, because I think SL is a very important for forex trading is, to minimize the risk of loss in trading me.

[mibou895]

The stop losses should be based on the types of the trade one does. if you are a scalpers, then your horizons is very shorter. it is better to assess the generals movement of the pairs and the loss should never exceed a certain percentage of the margin employed !!

[Avenger]

but not all do such a thing. there are some scalper who use a script to open a position, so that SL directly specify. weakness scalper is not dare cut loss when experiencing loss. I guess it would spend all the profit that has been gleaned.

Really in scalping using sl is not excellent because cost goes so quickly that it might come back. And programs are Download-able from MetaEditor.Also use near program to shut purchases when there are requotes.

[Empress]

Stop-loss may be position according to the make use of and amount used by you. as said by buddy you have to figure out first how much quantity you want to keep for danger. Then according to that quantity figure out the pip value and position a quit loss

[quickmud]

i think SL should be of 50 pips i usually keeps sl with 50 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

[Rooney]

i think put stop loss position is so important thing . but it depend on your take profit and your trend so that it is difficult to calculate how much of pips you should put . but i think the best pips is 30 at least if you have not how to put the right stop loss position .

i think how many stop loss would we place it depend on the trader's money management and risk management. according to my money management and risk management i usually prefer to place 20 pips , but i have heard many traders want to place 50 pips as many times market change it's direction after moving 30 pips to 50 pips but as my capital is small so i do not take high risk.

[ahmedreda]

i think put stop loss position is so important thing . but it depend on your take profit and your trend so that it is difficult to calculate how much of pips you should put . but i think the best pips is 30 at least if you have not how to put the right stop loss position .