How many pips do you think is safe for SL ?

[shamtek]

i used only take profit. Stop loss is unnecessary thing for those whose follow money management. If you found reversal movement, wait for the movement to touch the take profit.
You hedging to make profit. I used 4 stop loss in the trade. market does not my take profit, it always touch stop loss only. So only, i decide this method and following this.

[zeshan]

i think the stop loss pips not more then 40 pips because if the market is against ur trades 40 pips it means the market is down or up more so don t wait that the market is move back

[wolfkamikaz]

Well, it all depends on your equity, and the size of your lot. I stopped for a loss of 10 pips for the use.
This is how much money you are willing to be flexible depending on the money you will distabilize.

[naijafx]

For me, i think market conditions should determine the stop loss levels a trader should choose. In a ranging market, i will take less pips.

[nilanchal777]

trader ko humesha stop lose lga kar he trade karna chaiye taki usko lose kam se kam ho.jab b trader bina stop lose k trade karta hai to vo kafi lose kar letahai.is liye yaad rakhna ki stop lose lga kar jo b trade karte hai vo kafiprofit kar lete hai,nahi to aapko lose he lose hota jayega.best of luck.

[999999999]

I just put the stop loss near to strong levels such as support, resistance and trend lines also moving average .. but I don't have a fixed number of pips as the stop loss.

isnt it just to risky if a trader put the stop lost near such a high support or resistance level ? i think it is better for a trader to put the stop loss on the highest or lowest candle stick on the 1h or 4h time frame depending on how strong is the trend

[sanvol]

sir mere khyaal se ye to totally depend karta hai market position par agar market achi chal rahi hai aur apko yaqeen hai ke market zayada neeche nahi jayegi to ap 20 se 30 pips par stop loss laga den.

[mmassi]

Make the take profit and stop lose is a very important control in the management of money so you have few seeds meter below the support for long position, and few pips above the resistance line in case of a short position so that if support or resistance is broken in this case the stop is going to lose business and my account will be safe.

[riddick09]

This will depend on your trading capital, lot size and leverage. Placing stop loss is best applied with the resistance and support levels. I could use a ratio of 1: 1 for your take profit and stop loss ratio.

Yes, it will depend on the different factors which a trader should familiarized already how these lot size and leverage being used and can affect our trades. I guess not all have used Stop loss feature although it is advisable although not good for those who have small trading capital which can only drain their account and probably will not able to have fast recovery.

[rbs]

Placing the stop loss slightly below the price pullback is indeed a very good strategic location. That’s because a price pullback is a turning point for any trend to resume. Even if it is not a strong trend, but at least we know that the price is going to move quite a distance in that direction.