How many pips do you think is safe for SL ?

[bujinishila32]

Brother I think you should put stop ... it should not be disposed to like the way you are placing the value loss depending on the value of support and resistance. Do you need to have knowledge of the support and resistance, you must place your stop loss and take profit.

[hanabare]

I don't really think there can be a definitive answer to that question. Different people with different trading style and different strategies consider different number of pips to be safe for SL. I personally never keep the stop loss level more than 35-40 pips. I am not willing to bear a loss more than that. Although I have seen people who would keep the SL as high as 200 pips.

In my opinion in which 100 pips regarding stop loss will be fair adequate , because at times when you carry out the analyze the purchase price usually should go against an individual for about 60 pips and then the value bounces back thus hitting your goal profit. Thus don't use 60 pips of stop-loss or significantly less.

[dollar]

In forex trading stop loss is very important. if we want to stay in market for long time then it must be used. but stop loss in term of no. of pips is not good. because it may be hitted several time. batter way that we set stop loss near support and resistance.

[ham]

that beginners usually have several times got desperate default stop loss, do not use stop loss and did not want to cut loss, more readily subject to MC
when the loss is commonplace in trading, but many beginners into the forex world can not accept, and greedy for profit so sometimes that is green-green can be a red

[marciano]

i will set half from my target pip for SL , example target profit 100 pip , sl would be 50 pip, bear in mind profit must have double from your stop loss, than you can only smile, however trade with smartly rather than blindly trade.

[uknim]

I used sl 500 pips. When the trend is against us as much as 500 pips, it means we've made ​​a mistake prediction VERY WRONG ....... I think 50 pips is very ideal as resistance. When we are good analysis, prices will follow our OP is not possible if there is a correction to 500 pips.

[endah]

maybe we should be able to self-control ... because emotions really dominant influence on trading without SL ... be prepared to lose should be prepared to accept the reality if the analysis is wrong and ready to cut loss ...

[markoto]

I think many factors that shall be considered for the OP without SL, using a proven system that sharpness is key .. But if we do not know the character of the system in use, try to use SL, at least 30 points .. All for accounts that we traded ..

[mumun]

Trading without use the SL does have to have guts, besides the guts to make a profit as well as to dare to accept the fact if the predictions are wrong by doing cut loss.

[dila]

I also frequent trading without wearing sl sl because if only 10 points now fit achieved continued op
in the opposite position with the same sl price reverses how it turns out.
fundamentally important information there
and supporting technical analysis can profit even though weve I often mc