How many pips do you think is safe for SL ?

[nisar]

take profit and stop loss setting depends on market situation.but in my opinion 50 pip are enough for stop loss. sometime you set the stop loss t0 50 pips and make it 200 pips. its all depends on your knowledge and market situation.

[jamalsale]

I think that stopped lost must be choosing in depending of the Strategies of the trader .if it using a short time or long time.
it's also depend on the market movement if it's high or normal.

[sharabela]

It depends on which time frame you are trading on. Needless to say that it depends on other factors as well such as how much capital you have, trend etc. What most important is you have to have the proper understanding about Forex market. That is when you will know what to do take as SL.

[orion]

In my view its depends on your profit target & risk management. Actually many traders trade without planning so that in the end of day after calculation they get that loss is big than profit. So if we take a risk management ratio like 1: 2 or 1:3 risk vs reward ratio, i think every can make profit. That means if our target profit is 100pips then stop loss should set at 50pips in 1:2 ratio. Every prediction cant be perfect, so if we count for 10 trade, minimum 40% prediction can be right. so the result is total pips win 80 & total pips lose 60. Finally,there is no risk for losing investment.

[kingfoxy812]

stop loss should be 40pips away from the market price

[eng.adham]

for me , i usually set my stop loss limit about 50 pips ,, as this can guarantee a safe trade for me .. but i may change this number according to the current movement of the price in the market .

[biku23]

how many pips do you think is safe for SL? It depends on how much you have lost and it will be checked. so you can't select the exact pips for stop loss.so don't think about the stop loss.

[Narr]

i always setting stop loss and take profit depends on market situation and that stop loss depends on various conditions...it depend on individual study.

[Nuwanm]

Stop loss is depend on the trade we are doing. If we are going to buy a lot then we have to consider the stop loss as one pip below than the lower price of current candle if its green and if we are going to sell a lot then we have to consider the stop loss as one pip higher than the current candle if its red.

[zahira]

stop loss may different by different trder. some use half of the take profit or some use double of take profit or some use manual. but I use double of take profit. this is safe for me. so we can not generalize the exact pips for setting stop loss..it depends on situation to situation and trader to trader

It is not easy to do..and hard to get also, forex is not very easy as it seems to be. It requires a lot of hard work. If you want to make it easy for you then you must have a lot of knowledge about it because without knowledge it is next to impossible to get success in it.