How many pips do you think is safe for SL ?

[Forex]

for placement of stop loss, I always use a pivot point point, so as to have a clear psychological point market. how much the placement of stop loss point is also combined with the strategy used. if using candlestck movement, then the stop loss is usually placed at the lowest price or highest previous candle.

[faisal89]

There are no fixed quantity that can be said as a respectable value because by touch sl you always get losses.But it depends on you that how much loss your account can tolerate and also you feature sufficiency freeborn margin to lawless another role.I ordinarily do not seek more than 5% my justice on a bingle trade and mostly 2 trades at a abstraction.

[mukta]

I think for daily trading 300 pips are more safe and risk free for stop loss.You must use stop loss in your every trade.Stop loss is one of the most important thing for saving your account from unexpected flash.

[CemonG]

in past i am not use stop loss. that's why i loss my total account $. its depends on market situation. i think better is 40-50

I agree with your boss , if we don 't use sl the risks that could happen so quick and large as you 're experiencing , and that humbling experience and not forgotten .untuk sl or arrangement of strategy traders that depends on its own , and adapted to market conditions at the time . i did for wear this with sl 50 points and tp 100 points for trading intraday .

[zeshan]

i think the different traders have the different point of view about that but i think the 500 pips is the best for the safe the money from the loss and the traders safe their money on any other way

[aarti]

i usually use 50-100 SL for each my position. i know it seem big, but i'm using H4 time frame as my default chart, so with the slowness of the price moving i can still manage to make an exit strategy incase the market go wild. but from my experience, because i'm only enter the market if i've got confirmed signals, i've never get touched by this SL.

[aarti]

if you trade as a day trader, 30 pips will enough to be consider as a safe stop loss. but if you are a longterm trader, that kind of amount will surely kill your account soon enough. so the point is, the stop loss must depend on your strategy.

[Adnan]

there is no such limit for SL, it only depends upon your strategies... if you have observed your strategies right then you will surely place a good position for your stop lose... don't make any assumption from yourself until you find it...

[macblanc474]

i anticipate SL should be of 50 pips i usually keeps sl with 50 pips and tp at 50 pips if we are in accumulation we can use SL as to abstain accident in our trades as like yield accumulation i mostly application it.

[golpo20]

This will depend from the trader by itself, it's his choice setting that according to the harmony they have with his consideration as well as what kind of money can they afford to reduce although location that under 50 pips seriously isn't the proper selection as outlined by myself. although i mentioned that usually is dependent upon the trader.