How many pips do you think is safe for SL ?

[sahuri]

Without SL, sometimes we are not enough balls to cl men? Se minus a lot. There's always hope, minus plus changed. but until when, maybe it hit the margin call.

[md mofizur rahman]

Yes it is very important to set the S/L. On Day range it is Depends. When volatility is higher then S/L will set higher and to set the S/L of course we also check the resistance and support .

[hashaam]

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...

mera ye khyaal hai k sl aik achi cheez hai or sl aik had tek hona zroori hai jesy k sl 25 pips tk hona chye ku k ager bari se b bari lot lagai ho or sl hit ho jaye to itna loss her koi jhel skta mger sl ager bara laga do or hit ho jaye mger aisey me loss bardasht nhi ker skta koi....

[perez]

but besides that it all depends on the selection of accounts .. capital means little if you want to use a micro account floting minus'll be able to handle a lot of ...
but still scary ...

[rokonripon]

Taking profit in pips when you scalping has no limitation. It totally depends on market situation and traders decision. How and when the trade being closed or open in scalping time it also depends on traders mentality and target. But usually I think 15 -20 pips profit can be handy in scalping time.

[latapata]

Evey good trading needs proper stop loss set. this stop loss should be set depend on what type of trading is being executed and what type of trader you are. do you think day trading, position trading, swing trader or scalper. on the basis on it you have to decide. but remember not to set tight stop.

[assi]

if the entry point in the forex is wrong then we can not get the good and easy money from the forex market and every stop loss will be hitted first before to touch the market and we may not be able to get the easy money.

[ardi_anduk]

I usually target trading 30 pips per day and therefore we should not be too big in the placement of the target. quite a few are important we can make a profit, do not dream could continue to profit, any profit we should be thankful, so we sought a trader should always be patient in the target profit... do not let us do the trade over time which is not allowed by the rules that have been made

[mazzetro]

Most of the time i do not adopt to use stop loss. I anticipate it is not a acceptable affair to use for every individual trade. If you accept able aback up, again you do not charge to use this. Actually pips on stop accident depends on again bazaar situation. On an boilerplate 100 pips will be acceptable for stop loss.

[Hidden Rain]

Ideally we have to set the stop loss at 30 pips and anything more than that is not advisable at all. This is because if we are going into a loss of 30 pips then it clearly means that the trade is totally wrong and we need to revise our study and again make the trade with the correct market sentiments

In the event of the Hedging we can go for a stop loss = 50 pips since we are not sure which way the market will go and that is the range which actually decides the movements.

thanks for the explanation rebate lover, it getting clear for me if SL is very important to avoid us from blowing our account, normally i always use 50 pips SL and for TP is tentative is depends on how the market situation, for sure as long as we have the right open position , we can minimize our risk of loosing pips. regarding for averaging, i never use it because i dont know how to use it,, hahaha,, and the more important i remember what my master told me, just play normal, no need ot averaging, locking or etc, since i m still newbie.