How many pips do you think is safe for SL ?

[muna1982]

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...

your opinion is quite right. i want to add that the stop loss depend on the strategy one using. we have to keep in mind that we have make profit from forex. so if we can win in two trade and loss in one trade then on average we have make profit over this three trade. so it tp for two trade is 50 then total win = 100 point, so my sl must be below 100 pips that i got the difference as my net income. so we have to think combined according to my strategy that how much my gain in a week or in a definite point change.

[pavais]

by SL touched the well should change again ... SL more or less precise less so ..
determine SL same as determining risk factors, and that's part of the trading system that can not be abandoned

[lokhnath]

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...

my friend i think it depend in trader trade price . but I want to say for new trader , 10-25 pips is safe for new trader . they can be use stop loss for make profit easily ...

[takahara]

it all depends on your margin strength, better if you play long term sl can use as much as 20% of capital but if scalping 20 pips can be used as a benchmark. back to the traders who know the capital of each.

[lokhnath]

I think there's no specific Shining Path and TP and it rely totally on dealer and his/her strategy and rely upon what proportion balance there . on behalf of me sometime i choose thirty pips and someday additionally fifty pips and it rely upon market however perpetually place same in tp and Shining Path...

[selena]

It totally varies depending on your strategy.

20 pips sl can be too big and at same time, 500 pips sl can be low. It depends on which timeframe you are using and your risk:reward.

For my intra day trades I target 70-100 pips and use sl 50 pips in most cases.

well, i think 500 pips cant be low for SL, no matter what our strategy, because the market is rare move more than 500 a day, but i agree that SL is depend on our strategy, we can use 20 pips, 30 pips, or more, depend on our strategy

[viana]

It totally varies depending on your strategy.

20 pips sl can be too big and at same time, 500 pips sl can be low. It depends on which timeframe you are using and your risk:reward.

For my intra day trades I target 70-100 pips and use sl 50 pips in most cases.

[xoazhar1]

Dear meray kiyal mian 10%sl kafi hota hai main gold main trading karta ho mera account blance 500$ hai aur main sl 50 pips ka daita ho ager market bhot down ajaye to kabi kabi main sl ziada long kar laita ho lakin 50pips say kabi kum nahi raka

[Redcandle]

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...

In my opinion, there is no pips for safe in setting stop loss. The way you set it base on your strategy completely. if you trade in short term ,it cold be less for you. but when use trade in long, you must set it large for bounce of price if it happen. Using Pivot is good for stop, too. Set it under or higher several pips pivot levels.

[ITECT901351]

I think it is depend on you strategy.But most of the time i use 50 Pips for my stop loss but if you see clearly then you will see that market most of the time come after moving some pips.So we should use stop loss depending on our analysis.Most of the time i wait for 100 or more pips and see market come toward again and get profit so i think it is depend on the analysis.