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Thread: How many pips do you think is safe for SL ?

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    Senior Member MotorBalap is an unknown quantity at this point MotorBalap's Avatar
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    Quote Originally Posted by vokko View Post
    well my friend, I don not know about this option because I am new trader and I dont use stop loss option I prefer short term trading and when my trade gives me some profit I close my trade immediately because some profit is better from loss in this market.
    in all my posisitions we must place our take profit (TP ) and stop loss (SL), because this is part of our money management, without we know about it,we will going big floating and will going to margin call our balance.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member vokko is an unknown quantity at this point vokko's Avatar
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    well my friend, I don not know about this option because I am new trader and I dont use stop loss option I prefer short term trading and when my trade gives me some profit I close my trade immediately because some profit is better from loss in this market.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member handofgod is an unknown quantity at this point handofgod's Avatar
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    Quote Originally Posted by crux9 View Post
    hi member, i think if you are making an entry when the price is just close to support or resistance then you should set your stop loss on the point where support or resistance lies not above it or not below it you can say 20 pips or 15 pips are more than you set.
    hii too....I suggest that the use of SL is smaller than the target take point ... because SL is only used for those of us who have any doubts about the movement or direction of the trend on a pair .. to avoid mistakes and limit losses
    Last edited by handofgod; 2013-02-17 at 06:00 AM. Reason: edit text
    KILL SPAMMER!!!!!!!!!!!!!!

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    Banned kosmos is an unknown quantity at this point kosmos's Avatar
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    for me, it 30 pips fpr sl and also 30 pip's for tp also, sl is very important to stop losses when we are profiting, but the pip's may vary according to differnt traders who have a different way to approach this points.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member aginama is an unknown quantity at this point aginama's Avatar
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    If you are newbies, stop loss is very important on your trades, . Most experienced traders hesitate to use Stoploss. They analyze well and place the position, they also wait for a long time to achieve the target in this market.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member handofgod is an unknown quantity at this point handofgod's Avatar
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    Quote Originally Posted by crux9 View Post
    hi member, i think if you are making an entry when the price is just close to support or resistance then you should set your stop loss on the point where support or resistance lies not above it or not below it you can say 20 pips or 15 pips are more than you set.
    to determine a good SL you should adjust the existing trading systems and analysis when you carry trade, the use of pair also affects the amount of SL to be used as a currency pair karekter also specify ... for example in the EURUSD pair I used to use only 50pips SL
    KILL SPAMMER!!!!!!!!!!!!!!

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    Banned crux9 is on a distinguished road crux9's Avatar
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    hi member, i think if you are making an entry when the price is just close to support or resistance then you should set your stop loss on the point where support or resistance lies not above it or not below it you can say 20 pips or 15 pips are more than you set.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member kang portal is on a distinguished road kang portal's Avatar
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    i use 20 pips SL for 50 pips Take profit
    it is worted and save enough for me
    maybe you can share your opinion about your TP-SL setting?
    and for what kind of trading style
    thanks and good luck

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member Jokowi is an unknown quantity at this point Jokowi's Avatar
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    Quote Originally Posted by miyabi View Post
    The best trading plan only individual trader knows, using the SL is
    one step prevent a loss in trading.
    in conducting trading activities I usually choose 50 points as the tolerance to determine stop loss, until now I still remain disciplined with 50 points that can be used as a reference rate set last loss that I received with full awareness and full responsibility

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned ali002 is on a distinguished road ali002's Avatar
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    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.yes friend you are absolutely right..
    stop loss depends on various conditions...it depend on individual,s study, his account balance, his experience etc..
    so we can not generalize the exact pips for setting stop loss..it depends on situation to situation and trader to trader

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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