How many pips do you think is safe for SL ?

[yola]

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...

hi forum members,
in my point of view , i think we can not define how many pips safe for SL or TP because it depends on situation of market & the circumstances of the country its internal & external issues.

good luck

[yanu]

every trader has different views on the stop loss because of the experience and resilience own funds, but the reason I think is right Paing looking for a point stop loss based on support and resistance in the last condition in a specific time frame

[mahadisuper]

I think it's depend on market situation. then i want to say that around 50 to 60 pips is safe for stop loss. so you can try it. thank you.

[fakermane]

i think some where about 20-30 pips. but of course it shall be decided according to your MM an plans. risking our money for much extend is always some what stupid .we shall make an appropriate place for SL's in our strategy.

20-30 Pips is also my Stop Loss in Pips.. anyway, I set Stop Loss based on Support and Resistance Level. this Level is always changing and so Dynamic, it makes my Stop Loss not Fixed and always change.. so I just Put Stop Loss depend on Market Condition..

[zahidrock]

If you are scalper then you can use 15-20 pips for stop loss but if you are long term trader then you can put this after making proper analysis. Without analysis it can be make you more loss on trading.

[adnan10076]

first to ye hy k me hud SL nhi lgata q k me khbe loss me pani position close nhi krta...dosre bth me khugna k SL ko hmesha large krhna chahey tsky market asan ise wo hit na krly...nhi toh loss and risk ko control krny k ley hedging ki jay...

[natasha]

i think that if you want to put a safe stop loss then i think that you should be having a nice trading experience and i think that you should put your stop loss according to the market volatility if you want to trade safely and to survive in forex

[SLR]

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...

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.

[fabopom]

It is very difficult for me to tell. There are many opinion of this. Some of people say 12 is the best. Some say 15. I am very Confucius. Please help me. What is the correct for me.

[fxsilo]

I generally open a trade for one to four hour. I give the stop loss twenty pips and give take profit forty to fifty pips. I think, it is good for me. Sometimes, I loose some money. But, overall I can earn about thirty percent per month.

Good money management. i think you have good calculate by the comparison of risk and reward you choose. Certainly many trader will make a low risk comparison with the reward, but i think is only happen in intraday trading or swing.