How many pips do you think is safe for SL ?

[investor forex]

all business has own risk but we can minimize that with good management and know the basic of that business.so,try to learn with patience and don't make any risk invesment with poor knowledge and soon we will be a professional person. But For Scalping i always feel that one should never provide SL since there are lot of chances to get SL triggered since its a very small value.

If you want to risk not more than 5 % of your total investments which means you can risk 5 $ at a time on your trades as your investments is 100 $ and in this case you need to choose your lot size depending on the stop loss levels you want to place

[CR 7]

every trader must have a different look at the market, bang opinion could be true, because I have never and will never see the downward trend of tf 1h assume -200 then I still do not guarantee a reversal but again this is not a certainty, even when there is no I often see the news even after -100/-200 prices return to trend, I see it is because the price has been entered in a very good point to open (has reached the point support or resistance) with the assumption that prices return to trend, whatever its name but is usually CMIIW they call big swing that low risk but high profit

[Bankmen]

i think it is depend on market in that time if the condition of market is sideways we can
set our stoploss not big from running price , but if the market is trending we can set more than 30 pips.

Trader need to use standard stop loss in any movement in market because if there is always modification about stop loss you will lose everything in account after some time as your stop loss will be huge

[mical]

it is a very complex to tell that how many pips is safe for stop loss ,it is depends on various trader mentality .because i believe that every trader sentiment is different from other traders and their trading plan and strategy .suppose if we have a big amount and we can set stop loss at 400 pips from our order ,and if we have a small amount capital we can set our stop loss at 20-50 pips.

[fariza]

i think it is depend on market in that time if the condition of market is sideways we can
set our stoploss not big from running price , but if the market is trending we can set more than 30 pips.

[gretongan]

all business has own risk but we can minimize that with good management and know the basic of that business.so,try to learn with patience and don't make any risk invesment with poor knowledge and soon we will be a professional person. But For Scalping i always feel that one should never provide SL since there are lot of chances to get SL triggered since its a very small value.

[rosadlie]

We can not define how may pips safe for SL or TP it depends on situation of market & the circumstances of the country its internal & external issues.

[kukuruyuk]

I assume the -100 to -200 pips still within a healthy correction and can not be reversed, if more than that usually real reversal, if in 1h tf gap for s & r g gede2 so I guess hell is still in reasonable limits for the day trader and scalper :-)

[qchajlpa]

Certainly There is no perfect predetermined the stop loss as far as forex markets is concerned. It changes for every positions. It is always better to give enough room for the market to moved and the setting up tight stop lossing does not mean that you're following the right money manaegment systems. It always better to spot the support and the resistance levels before setting the stop loss and take profite !!

[ogi]

I prefer to put the loss in the form of value for money $. if I set up a loss of 1% of the $ 100 then I would adjust the amount of pips divided $, so at this point my SL losses of 1% or $ 1. if the loss limit is $ 1 with a limit of 50 pips then I will open with 0.02 Lot insta. then if the price moves 50 pips SL I'll stop.