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

  1. #3075
    Trusted Member fxmoney is just really nice fxmoney is just really nice fxmoney is just really nice fxmoney is just really nice fxmoney's Avatar
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    The number of pips that we can use for the stop loss is totally depend on the risk that we have to take and as per the technical charts. so the stop loss varies from trade to trade so we can not say that i can use 20 pips for the stop loss for all the trades.
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    Banned ubonto is an unknown quantity at this point ubonto's Avatar
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    there is basic known about the how much is your SL distance to your entry and this is based on the pair. Right know, EURUSD has commonly have 50pip SL distance while GBPUSD has commonly 45pip distance. This is based on their daily average range. But remember this settings only apply for this moment, but maybe in the future it will change.

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    Senior Member levy is an unknown quantity at this point levy's Avatar
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    I do not need to think how much, it depends on money management that we make, in addition, if you are ready to risk losing it, if you are not ready it will take a very long process, it is not easy to do,

    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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    I think stop loss is a very way of preventing our account getting huge loss during the trade but we know that forex is very risky if we don't take necessary measures, we sure every business has still loss so setting stop loss just helps us to solve that problem but to be able to set perfect stop loss we need perfect forex knowledge and that depends on the amount of money.

    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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    it's rely upon the combine being used.. count the average in daily movement in the tf being used than set the sl a little over or less coming from the volume every chart you employ.. jut that

    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 Ahmed Farag is an unknown quantity at this point Ahmed Farag's Avatar
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    the range of the pips that the price moved this day can help you to set the stop loss. if the price moved 100+ pips this day I should set the stop loos to 20 pips only because it moved most of the range and it will reverse soon. if the price moved 50 pips only I can set the stop loss to 50 pips as the price can continue for many pips on the same direction before it reverse

    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 Hansip is an unknown quantity at this point Hansip's Avatar
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    Quote Originally Posted by kampret View Post
    I use the SL 30 pips from the open position is, if the price we could still opposite the SL security, if the price is mulay against the direction we can use SL with a count of 30 pips and 10 pips TP, I think it's fair, because maybe after 20 pips move according to OP then reversed course again ..
    Depends of your forex money management, according with your trading balance. You need to design your own money management (have a good risk:reward ratio), for be successful at forex market, alongside with a strategy according with your style (scalping, swing, long, etc...). For example, if you like scalping, I recommend you 20 stop loss plus, spread cost.

    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 shint is an unknown quantity at this point shint's Avatar
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    trading without a stop loss so is risky, it is often the fear of losing money when cutloss more feared than the exposed margin call,
    when the margin call is often the case when the open position without stop loss

    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 MotorBalap is an unknown quantity at this point MotorBalap's Avatar
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    Stop loss in our trade, is very importand, because with stop loss we can avoid going to margin call . with stop loss we will be disipline trade to use our strategy system formulas.

    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.


  10. #3066
    Member Subramaniam is an unknown quantity at this point Subramaniam's Avatar
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    I think, how many pips to put SL we need to calculate it lies in how our entry price. and how candle either above us or below us.

    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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