How many pips do you think is safe for SL ?

[obayeed]

I think, if you do the placement of the SL 50 pips I think if you are a daily trader then when the price moves above 50 pips then it can be sure you're wrong in doing the analysis. SO trader should think about it in Forex.

[zibon]

I think , for my strategic analysis my stop loss is 30 pips. its depends on market movement. Every time theres no need to set up stop loss. when i am confused the trade then i use stop loss.

[sathivai]

hello friend its totally depend trader won strategy and market condition .i am always try to earn minimum 10 pips from every trade

[shabu0200]

It totally varies depending on your strategy.

20 pips sl can be too big and at same time, 500 pips sl can be low. It depends on which timeframe you are using and your risk:reward.
For my intra day trades I target 70-100 pips and use sl 50 pips in most cases.

[van]

every trader should have their own plans. Some choose to use SL fix, but there are some who like based on support and hold. I prefer to use SL repair, because we can know with certainty how losses/profits today.

[pakkar]

Trading with out using any stop loss and take profit in your trades are okay if you are a master trader because you knew what you are doing. You knew already the risk you have to face. But for complete newbies in forex they need to use stop loss and take profit in their trading in order to protect their account from the market unpredictable moves.

yes, I do not always or some times using the SL and TP in trading and I often set below 10 pips SL, I think the time being I am just using this strategy for the security of my funds and the continuity of the next trading

[ras]

brother you are absolutely right,it depend on ones capital and support and resistence,it should be in break up point of resistence or break down point of support.

[nowsha]

As my consideration i installed SL 50pips extremum, to lot chance to move when there is price volatility. but equal tho' I installed SL for it, if gettable unmoved and suffered losses, the amount is not much than 10% of the capital that I bang.

[benys]

trade without using any stop-loss and take profit target is the same as the trade without any purpose. I don't think any strategy will never support this type of trade. No matter what, you have to use stop-loss and take profit targets, so that you don't have any fear about losing all of the profits you earn or make huge losses that you can afford.

[Agazaman Awang]

different on condition how u play i often use pending limit oder just near the breakout level support 3 while sl just 20-30 pip below breakout level.while in the same time i pending stop sell at just below breakout sell 5-10 pip and stop loss above 10 pip support level. this strategy work well for me .