How many pips do you think is safe for SL ?

[ken arok]

I did not put a stop loss, but I use a cut loss based support resistance. You can make money from forex, but you need a profitable strategy. I do not have a teacher, and I am self-taught, learned from the experience was very nice. I believe in my own analysis

[finagold]

In my opinion the place a stop loss depending on market conditions was happening at the time. if we use a large time frame, then the stop loss should be placed higher. if we use the daily time frame, it may be appropriate stop loss and the safe was about 200 to 500 pips for EUR / USD.

[wawaz_i]

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.

There is no particular SL and TP and it depend fully on trader and his/her strategy and depend on how much balance there. Setting stop loss and take profit depends on market situation, sometimes you can set stop loss to 50 pips only and sometime you can make it 200 pips. Its all about your study and market condition.

[waris]

it varies on traders strategy and the situation of market. according to me ST should be greater than TP. Sometimes i don't use ST, if i then i use not more than 50 pips. if u want to increase or decrease this point u can, it depends on how much u can afford to tackle the loss.

[raka999]

amount of stop loss depends on the time frame you use. the larger the time frame, the stop loss should also more broadly. for daily trading, I place a stop loss of 50 pips with a take profit of 50 pips. do not forget, always use a trailing stop to minimize losses.

[simonfx]

there are no safe for SL, because not matter how much is our SL, our SL still can hitted. the first thing that we must thinking about SL is our risk management, our SL is depend on our risk management

[vetra]

I use stop loss is never the same in any trade ... as I came out of the open market based on points but on the condition ... if the conditions are not met then I would not be out of the market ... because at the time I was in a floating position positive, I always put stop loss at +1 ... or BEP ...

[damado]

some times we need to put the stop loss near to the open position when we have the strong analysis and sometimes we need to put the stop loss more far away from the open position so that our trade should be profitable

[dimpal]

Aise hi Anumaan lagana sahi nahi hota hai, stop loss aur take profit hamesha strategy dekh kar lagaya jata hai, kafi trader ki aisi strategy hoti hai, ki wo high aur low dekh kar stop loss ka use karte hai.

Yes take profit aur stoploss kya hona chahiye ye sab traders ki aapni aapni strategy pe depend karta hai. Aise hi bina strategy dekhe andaza nahi lagaya jata kabhi. Jaise ki agar hum support and resistance ko dekh ke trade karte hai to always hamara sl uske niche 10 to 15 pips niche or upar rehta hai.

[naziakhan]

It depend on ur take profit and stop lose ratio and your capital.for example use 3%-5% of your capital for every trade and if u r going to take 30pips as take profit and use stop lose of 15 pips.The better way to book ur profit is Fibonacci sequence

we should use small risk in our trades and i think that 2% of capital per trade is enough and stop loss depend on your trading strategy ,always use stop loss according to your strategy .it will be better for you.