How many pips do you think is safe for SL ?

[muamar]

You can make $250/day, which equates to $5,000 per month over 20 trading days in the Forex market. Assuming you have a good Forex education and enough practice, the big question then becomes: how much money should you start

it is very true sir according to my forex trading nothing is impossible, but so that we can get the profit of that we have to have good preparation, such as preparation skills and capital strength that we have

[poly]

You can make $250/day, which equates to $5,000 per month over 20 trading days in the Forex market. Assuming you have a good Forex education and enough practice, the big question then becomes: how much money should you start

[FREEDOM]

usually i used 21 pips for scalping and 51 pips for intraday. Ofcourse they are calculated from my trading system and including in trading plan.
I am dislike for premature stop lost because it make me confuse to identify the next plan.

[rokonripon]

I also not use stop loss never ever. But when I out of my computer I always use take profit of 20-30 pips range. And I got a good result from it.
But In mean time while you SL all of your decision can be changed in every moment so no fix pips must not be targeted.

[Jack_lee]

i'm not using stoploss but takeprofit 20 pips everyday... but its not everyday i do like that...sometimes 30 pips ...thanks for share your post..happy trading !!!

[pavais]

when it's actually the case that traders do not or can not be disciplined in doing so need to cut loss in mind to replace the re-use of cutting losses by using stop loss media

[hend]

I trade using technical analysts. and I use the trend line to see the condition of the trade. and in placing the SL I also use the trendline analysis. Therefore to put my SL also has no definite calculation. all depends on the market conditions at that time. but that is evident in every trade I always use SL, because I think SL is the only way to purse could minimize the loss in trade.

[fakermane]

I think generally 50 pips is a good enough SL. Especially if you are looking to close the trade with 100 pips. The norms is that everyone will try to target at least twice the reward ratio. So if you are targetting 60 pips you should have 30 pips of SL. It will depends on your timeframe as well.

well, 50 Pips is actually more than enough for Stop Loss, I am Personally as Day Trader it is still quite Big and I don't always feel comfort losing 50 Pips.. I usually Set Dynamic Stop Loss, it is depend on Support and Resistance Level, when these Level getting Close to the Price then I should Close the Position since it means that Position has Fail.

[kammraz]

I think generally 50 pips is a good enough SL. Especially if you are looking to close the trade with 100 pips. The norms is that everyone will try to target at least twice the reward ratio. So if you are targetting 60 pips you should have 30 pips of SL. It will depends on your timeframe as well.

[abayomi kolade]

based on my understanding i really think 30 pips i very much okay for a stop lose because in any trading once you are losing 30 pips then you have place a wrong trade and you just have to exit the trade based on my understanding and look for a very best way to make another order based on the way i trade