How many pips do you think is safe for SL ?

[Ramnit]

mere hisaab se kam se kam 15-20 pips tak stop loss use karna thik hai main apne every trade mein 15 pips tak hi stop loss place karta hun aur 30-40 pips take profit.

Basically perform scalping or even temporary industry, however generally make use of a stop loss of fifty pips. I perform scalping if you find an essential information to become launched or even once the cost offers handled the idea associated with support or even resistenci stage.

[Donald Loe Bank]

Setting stop loss and take profit depends on market situation..sometimes you can set stop loss to 50 pips only and sometime you can make it 200 pips..Its all about your study and market condition.. 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.

[dmambi]

Stop loss should be set to avoid the deep draw down leading to margin call. so setting of stop loss at right place needs good amount of experience in that particular pair and it should depend on the volatility in that pair. Because many times the stop loss will be triggered and later the price starts moving in the direction of our prediction.

[nanoni]

Trading without SL.
Only 2 answer according to me.
1. play in the power margin.
2. using the method of averaging.

[rk225325]

mere hisaab se kam se kam 15-20 pips tak stop loss use karna thik hai main apne every trade mein 15 pips tak hi stop loss place karta hun aur 30-40 pips take profit.

[mark48]

i think 50 pips is somewhat safe for stop loss...but its all depends upon many other factors also like trader account balance,how much he can afford to lose.trader study about trading and market movement also involve in stop loss factor..

[msm]

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...

Always I use TP in my trading using 10 pips for big lot and 50 pips for small lot and sometime use SL using 30 pips base on the market condition. Most of the time I use the TP because if I hold the trade at a time prices come to the point this is for long term. I am not agree to close the trade in loss.

[s.saha]

it depends on your account balance and lot volume. actually all the calculation should be made in pips. if you have 2000 pips(depends on your lot volume) in your account then certainly you can take a risk of 200 pips. so according to this set your SL as 200 pips. have nice time in forex.

[masud12]

Yes! you're right that Stop Loss depends on traders capital and his mentality of taking risk. But, I don't like to trade with S/L because, Forex market always ups & down. So, if we can keep patient than we may make profit.

[hassane]

i think the safe pip for stop loss is the small than the bigger because if we make big stop loss we will lose big amount and if we use small stop loss we will lose a small amount, this way we make profit more than loss.