How many pips do you think is safe for SL ?

[dollar]

Setting stop loss and take profit. Sometime you can stop loss to 50 pips and some time you can make 150 pips. It is all about your study and market condition.

setting up the stop loss on base of number of pips then you are not a good trader. a good trader never analysis their stop loss on base of number of pips. we must analysis the stop loss on the chart based on the support and resistance.

[chinku]

i think SL should be of 50 pips i usually keeps sl with 50 pips and tp at 50 pips there is no particular SL and TP and it depend fully on trader and his/her strategy and depend on how much balance there . for me soemtime i select 30 pips and sometime also 50 pips and it depend on market but always put same in tp and sl.

[numanpsc11]

Setting stop loss and take profit. Sometime you can stop loss to 50 pips and some time you can make 150 pips. It is all about your study and market condition.

[Indofx]

i think some wherever concerning 20-30 pips. however after all it shall be set consistent with your millimetre AN plans. risking our cash for abundant extend is usually some what stupid .we shall build AN applicable place for SL in our strategy.

I always use the SL 30 pips, that I do with the reason to address the case of price correction and must be well adapted to the capital. and the use of SL is very good in trading for analysis to minimize loss when used incorrectly.

[annura_fx]

i think some wherever concerning 20-30 pips. however after all it shall be set consistent with your millimetre AN plans. risking our cash for abundant extend is usually some what stupid .we shall build AN applicable place for SL in our strategy.

[wahyu setiyono]

how many pips I think it is safe to SL depends on capital and lot
I recommend between 30-50 pips

[kaushal4]

I knew this information is possible through the loss of contract but in the end. I think i am successful because the total earning of the largest losses. Keep in mind that no matter how much you work there will always be something remaining to do.
If the trader enter trade so early that trend is just starting the stop loss is likely to be small and target profit is likely to be big.

[rock my world]

it is a common rule that stoploss should at least half of the take profit amount, or in other words, the stop loss and takeprofit comparison should 1:2 in ratio. but this is not a fixed rule. what most important is how can you take it if the worse happened to the stoploss. can you accept it. it's all back to the basic rule in forex trading, only trade the amount that you can afford to loose.

[dewik79]

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.

Share your views...

We put the risk at prudent. That should not determine rashly. Reasonable risk, which is recommended by the senior trader, is a maximum of 3 percent. And, it must be adjusted to the profit targets that we will specify.

[mohibul_iiml]

If you have more amount to trade you can use stop loss but if you have few amount to trade i think you should not use stop loss because if you can use stop loss and close the trade that you will loss this amount but you can use take profit all time it is useful a new trader.