How many pips do you think is safe for SL ?

[iwahyudi]

the amount of pips safe for setting a stop loss level will vary from trading strategy to another because a scalper
might have a very tight stop loss level when compared to the middle term or long term traders.

yes you are right that to determine the stop loss is depends on the market conditions are always moving, so it was not able to apply the same stop loss in many market conditions. for trading in the small timeframe I like to implement the 15-point trailing stop as the price moves very volatile

[Bankmen]

stop loss must be calculated by moving market and how much is speed for that day because many times market move so slow and tight stop loss is good for trading. you must use some kind of indicator to protect you from wild market.

[S A Sani]

Yep you are well enough, But I think the safe SL is not always fixed in every trade. I think it varies trade to trade. because we do not trade all time same, so that sometimes, we trade short, sometime long. I want to say for short trade SL may be 30-50 pips, and for long trade SL may be upto 100 pips.

[nory]

regardless of whether the forex business is a primary or just extra, which is important when trading we have to be disciplined in limiting loss. remaining balance a little better and can fight again than to lose it all and could not fight anymore. could limit the loss by setting a stop loss or manual cut loss. so trading without a stop loss does not mean the fear of loss trading.

[suzonbmw]

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.I think 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.

[blitzkrieg]

the amount of pips safe for setting a stop loss level will vary from trading strategy to another because a scalper
might have a very tight stop loss level when compared to the middle term or long term traders.

[radzo]

I myself prefer to think that forex is only a side business,
not have to serve as our main business

[Tsaqif]

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...

to my account, I think SL should be of 40 pips I usually kept to 40 pips sl and tp at 30 pips profit when we are in we can use SL to avoid losses in our trade as such I take the most advantage of using it so it will be safe if we use

[Taram786]

Stop loss is very important in Forex trading .Every trader must use this important tool .
Stop loss is important is H1 trade and H4 trade . In H1 time frame , Its 50 pips stop loss .

[bang_desh]

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