How many pips do you think is safe for SL ?

[ontorip]

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 ...
you must be paitent for this
tnx

[coiruahmad]

We can set the standard stoploss accordance with the strategy and analysis that we have.The larger the timeframe that we use then automatically we have to set stop losses are greater.I myself tend to favor short-term trading using stop losses and only 40 points for every trade that I open.

[nini]

I think, all traders took the name SL or Cut Loss. Unless the trader is able to make predictions of the market with perfect precision. But there's no such trader, if he would take no such thing as SL or CL, if not anxious to MC

[100 to 1,000]

Stop loss depends on different conditions it depends on individual, study his account balance ,his experience etc.So we can not generalize the exact pips for setting stop loss.It depends on situation trader to trader.

after reading a lot on this thread i come to a conclusion that any amount of stop loss is very good as long as
it is according to our trading strategy and we follow it strictly. that is why we must find a good trading strategy and follow the stop loss setting.

[hmxa1]

sl should be greater than TP pips. select 30 pips and sometime also 50 pips and it depend on market .
sometimes you can set stop-loss to 50 pips only and sometime you can create it 200 pips..Its all about your research and industry condition

[sanjib11]

i want to ask for all member ,how many pips do you think is safe for sl because yesterday , my trading floating until-167. i am trying to use....

[shankar_saha]

stop loss might totally {different|completely different} by different trder. some use 1/2 the take profit or some use double of take profit or some use manual. however i exploit double of take profit. this is often safe on behalf of me.

[eldrin]

You can safely eat *one* to see for yourself that the almond taste takes a few ... Now when I calculate how many seeds did we consume, well lets ... use to kill rats do you honestly think they smash up apple seeds to kill rats.

[nini]

I just closed threads every time I earned a little. I just want to test where will the trend will take me, so far I am doing fine but I am not sure if I am doing the right thing or is it the right way to thread Forex. I always have 5 position open everyday and I never used stop SL and exit target, Comments anyone?I am a newbie in Forex and I am currently practicing in demo.

[mkzaman]

so we can not generalize the exact pips for setting stop loss..it depends on situation to situation and trader to traderstop loss depends on various conditions...it depend on individual,s study, his account balance, his experience etc. 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.