How many pips do you think is safe for SL ?

[maheshputta]

i think,you are right.StopLoss ought to be determined with Support or resistance and that they act nearly as good one to see.Even pivot points also are sensible in determining.so one will place StopLoss primarily based on this or specified values like ratio of TP :StopLoss as 2:1 like that.It depends on traders want.

[dodol]

hi trader u taking it very easy man bcoz now u r in demo acct u r trading without sl n tp but in real v shuld have suitable sl n tp n shuld not open more then 2 trades at a time

[truegoa]

good, should we put the SL, because, let any small fund is also in our trading account, it is real money that if lost would be detrimental to us. should use good money management, and trying not to happen MC

Using stop loss in our everytrade is an option that we have to always take. About how many pips that stop loss should set, Ithink it will very depent on every strategy. Some traders just set it in fix point, but some good trader will just set it in 1 to 5 point above or below his last candle.

[mohosin]

50 pips stop loss can safe our trade. Though there is no fixed stop loss pips for forex trading. It can vary to person to person.

[solidperson]

i think for scalping we nee to set 10-15 pips of LS and for day trading we need to set 50-90 pips of SL ..but yes everyone having their own method and analysis way to set SL and TP ..but using a strict rule sin this case can brings good result

[The Sniper]

I think better to install the SL between 30-50 pips.
My experience using SL of 10-20 pips, but the market actually touching the SL and turned toward ...
so from now on I always install the 30-50pips SL ...

According to my knowledge, there should be greater than TP glitches, but most times I do not use stop loss if we trade with H1, then its better to have stop loss 50 pips around us for H4 should increase.

[dadi]

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..

[dodol]

Good, stop losses long trend in Forex trading is very different. because each has its own calculations there usually are not too many pips stop loss and that its trend and follow daily, usually measured in terms of daily movements to prevent things that are not desirable, but stop losses are also used in an emergency. agree and do not agree with the statement stated above because as for me. i agree that i do not like to use stop loss when i open my trade. but i always have my exit target on even sometimes i dont have any

[weaddads]

for me i hope,mmmm it is depend on your capital. mostly you have to make less than 5% risk for every trade. and for that is the safe for you. i see trader use less that 50 pips like 30 or 40 pips for stop loss.

[cultus123]

for me it depends on the trading style so most of times i don't use Stop loss if we are trading with H1 then its better to have stop loss around 20 pips for weekly charts we should increase it in the trading forex