How many pips do you think is safe for SL ?

[sayem]

Actually its depend on your own strategy and business plan. you may can trade short term trade and long term trade and set SL both in different pipes because many traders are use stop loss for short time trade and not use on long term Forex trade. so this is depend on you but i think if you use high volume trade then 50 pipes are safe for short term trade only.

[wahidaaa]

there are different school of thoughts for the stop loss and usually the traders use 2:1 as the safe value for the stop loss.This means that if we have a target of x pips then we must try to have the stop loss as 2x.similarly some of the traders also try to go for 3:1 stop loss value as it can safe guard against the fake and deliberate negative movements.some times the strong traders try to create a dip in the market and snatch the lots from the weak traders so we have to guard against that in the trading.

[tuturtugjtu]

Hello Friend,
I think stop loss may different by different trader. 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.

Thank you.

[forexking786]

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...

is question ka answer to mere khyaal me aik professional trader hi de sakta hai is liye meri taraf se to sorry me to professional trader nahi hun me new trader hun

[ashadbd]

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

[place]

its depend on your volume not target.i mean this is depend on your trading volume.but really difficult to determine stop loss for my knowledge because this is not easy task.i am not preferring it.

[surip]

i think stop lose is very important also for all traders as it is the key of limit our loss , and to determine how it is depend mainly on your analysis or your strategies , i prefer to use stop lose between 25-45 pips when working with trends and support ,resistance levels in H4 chart ,

correct sir, traders must be observant to the risk that they will encounter fatherly minimize the risk that I have a suggestion that you should reflect on whether you run a business so that what you hope to minimize these risks can be overcome

[jmsblack18]

I believe that 10 pips is a tight and a safe Stop Loss because then you get out of a bad trade very quickly, the ideas in the forex is to enter a trades on a strong trends or not to bothers at all and if it hits the SL it was never a good trades !

10 pips in my view it's too tightly. That is because with such a stoploss, our SL will often getting touch by market. I taught by my friend if the safest stoploss is stoploss which we determine using the ratio by TP and SL we want to afford. And in that's way the safest stoploss is around 1:4 or the better is 1: 10. Since this ratio will hardly to touched.

[e001]

actually stop loss is very important for the traders for achieving their success i think that 50 pip is enough for using stop loss and make profit.

[riddick09]

It is totally depend on the fact that how much lots you are using for your trade and what amount of balance you have. So when you have good balance then you try to trade with high lot and when small amount then you may trade with small lots. so place the stop loss proportionately.

It will depend on the several factors such as we see how much trading capital we have, our strategy will be using and if we are in scalping or long term trading. Definitely, we should set our target profit and stop loss just near to each or close to their ratio so we will have proportion or proper placement of stop loss.