How many pips do you think is safe for SL ?

[sajal]

I think that a trader should use stop loss about 20 pips away from the opened price.Many traders don't want to use stop loss as it may touch the price and automatically close the trade which creates a loss.So they avoid it, but a trader should know that using stop loss can save our account at any market movement.Traders who don't use stop loss are bound to make loss.I have also lost huge capital.So i suggest all to use stop loss.

[marocsoldiers]

It is different for different time periods. Suppose if you are trading from time frame 1 h, then 30 to 40 pips Stop loss is ok and if you are trading from4 time h, then 60 pips stop loss is maximum if the negotiation with loss of downtime daily frame is 80 pips is maximum. thank you

[kevinfx]

i use 60 pips as my SL, i trade in EUR/USD and this pair is really volatile pair. i think 60 pips is good and safe for SL. and if the SL is hit then the price will more trending, because this pair is have high range movement per day

[erwin]

but the action is very wise if we are able to cut loss when floating minus, because there will be no signal that we can find to do the OP again.

[ham]

it was hard to cut loss ... as we give up when there was a chance ...
but we have to see what the benefits of giving up the ... that we are saved from the death of the mc ..

[biyen]

size of the stop loss for me is if it passes the value of the daily movement of the pairs that I trade in. I mostly trade on eur-usd, and I put a stoploss in the range of 100 to 150 pips. But if the value of my lot bigger, I'll down again to below 100 points

[hidayat]

as a beginner, use stop loss very useful to avoid the loss that much. especially if the trader does not have any more free time to constantly monitor the forex market and the capital is not too big. determination of the stop loss in forex it is based on financial and risk management, so it can be determined how many stop loss should be determined to be more secure from loss

[ham]

yup, do not wear too big margin when trading has been the master also advised only use 1-2% are lost for every transaction

[hamza12]

from my point of view i think 50 pips is enough for a day to reduce the stop loss margin because in that situation we have enough margin to cover our loss and don't take big risk as well.

[ful]

I think you have a special SL and TP and merchant, and his / her strategies are based on the fully depends on the amount and balance. Once I choose for me soemtime pips 30 and 50 pips, depending on the market, but always the same Tp and serial kept.