How many pips do you think is safe for SL ?

[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...

SL set based on our readiness to take risks. For example, we take the risk of 3%. If today we are planning a trade with 6 positions, then each position is set SL 0.5% of the total capital, and the value adjusted pips.

[foggies]

this depends to the condition, we can not determine it for every trader\s that we open, the important thing here the trader have to put the order at the right track then they can reduce the floating minus too big..and put the SL

[nashftg]

for me, 50% than TP. Enough already i think so

[mantok]

whether to put SL in each OP including non technical as well ... because I read a lot that suggests to wear SL, but if all traders use SL ..?

[faysal.nitu]

i think that will depend on the news of market....... if we get lots of news and also we can understand the market news and also predict the market movement then we can give sell order and decided that amount of pip from our news analysis.........

[tokichi]

it depends on the use of SL trader own, very dangerous if trade without SL ...
except if used considerable resistance was legitimate according to the newbie ..

[want2brich]

Each trader a own way to use stop loss and take profit, we don't know which is the best, it depend on each strategy. For me i usualyl set stop loss about 20-30 pips and take profit about 40-50 pips, it suit my account.

[nadira]

evry trder must fix how many pip for put stop loss order , in hiz stratgy befor start ing trding ,
becoz eif he do thiz in hiz strety and he floow it until the end he will get good rezult , and for me
100 pip iz suitabl for stop lioss

[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...

Yes, SL is our readiness to accept risk. But, do not let SL would cause us to experience a lot of loss. We are free to determine how many pips for stoploss, as long as we do not take more than 3 percent risk.

[rajon999]

Actually, it is depend on actual price & free margin to trade so it is really so good if we use it from our experience. 10 or 20 pips also safe for stop loss & you can follow it.