How many pips do you think is safe for SL ?

[mahadisuper]

It's depend on market situation then i think around 50 pips is safe for stop loss. thank you for your question.

[santo.plus]

actually bro this is fully depending on you.which trading method you are using?
if you are a scalper then you should not use stop loss above 10 pips.otherwise if you are a swing trader then you can set stop loss 100 and above.
thanks.

[digger_jim]

As far as my knowledge goes I would say that to me 100 pips is the best for Stop Loss then your loosing money possibility will be very very less here in Forex trading and I think this is the best number of pips which need to be considered while setting SL.

Be careful when you set a fix amount of stop loss. You should consider the win:loss ratio of your strategy. 100 pips stop loss, if you set take profit for 50, that means for every two winning trades it takes only one loosing trade to wipe them out. On average of 20 trading days in a month, say you trade only once per day, 10 winning days will be wipe out by 5 loosing trades, while you can say anything certain about the last 5. And it doesn't get much better even if your profit point is 75 pips away. The ideal profit for 100 pips stop loss would be 200 pips gain, except that there isn't any pair which has average daily range over 200 pips. So, be very careful.

[kaia]

The use of Stop Loss is dependent of the traders themselves. anyone directly determine Stop Loss itself determines some are based on several issues related to market itself. I always specify the Stop Loss in a way, pay attention to markets, capital and range on the pair itself.

[runu]

Grab diminution depends on the different healthiness and it differs from gauge to post and mortal to person ant also there forbearance. but i raise H1 which enables trader a virtuous experience and it helps a lot as i believe.

[abdulrazzaq]

Thanks for asking a very important question here which is great for trading but I am not in position to response your question because I am a newbie in trading and I have not enough experiences to reply your question.

[promi]

i think 40-50 pips.........stop loss depends on various conditions.I think there is no particular SL and TP and it depend fully on trader and his/her strategy and depend on how much balance there ..but I use double of take profit. this is safe for me.

[microworks87]

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..

Yes you are exactly correct. When the news released, market is more volatile. So setting a small pip variance will lead to a loss in a high volatile time frame. It's okay to keep a small spread of stop loss, when the market is not moving that much.

[subashbks]

well. . . I think it depends on the trader and his capital and the amount he can afford to lose. . Also it depends on the market movement. . .. . In my case i usually use 50 . . . Cuz that's safe for me..

[SAEED]

I think 80-100 pips is right to make sl.Market buffer's in every seconds,so to gain some profit you should take some risk.But sl depends on your trading volume.And its better to trade without sl and tp.