How many pips do you think is safe for SL ?

[warnisw]

it all dpends on your strategy, like 10 pips for scalping, 20-30 for day trader and up to 80 for swing trader
i prefer day traidng and my stop loss is alway s maximum 20 pips to avoid big loss

[TauqeerHaiderRizvi]

main apna SL hamisha hee support aur resistance per rahkta hoon aur main forex ki forecast (actionforex) sey b help leta hoon us say app ko aik idea mil jata hy. MCAD aur RSI b meri Help Kartey hain apna SL laganey main. its make easy to analysis forex market.

[aina]

Any trade which is less than a 100 pips strength and sustainance is of a great risk to the losses. It is also sometimes good to have the trades having take profits at 300 pips and the stop losses at 200 pips.

[silverfx]

i think if we trade to take standard profits then 30 pips should e enough but 20 pips is lot of easy to take for me.but if we think as professional then 300 pips is good for long time trading.

[sumonmia0526]

yes obliviously it will depends on someones strategy and risk management system ..but i saw several people who are using SL:TP 1:2 in this way .like 100 pips gain for 50 pips loss ..actually not bad .but SL and TP using by analysis of support and resistance for long time trade

[kapil_chemical_07]

I think five pips easy right to be save for stop loss.But, sometimes I used ten pips for stop loss.I do that, when the probability is is high for earning.Actually most of the time I use five pips stop loss.

[raj123]

Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

it depends on what timeframe u r trading if u r trading on 5 min then 10-15 pips
on 1H time frame 30-35 pips on 4H 50-60 pips on daily timeframe 80-100 pips of stoploss is enough to see that u have entered wrong so close the trade with minimum loss.

[waleedkhan]

Many newbies ask me how many pips is safe for stop loss? I think its all depend on how much you afford to lose and we have to put stop loss by checking resistance and support levels, we should not put stop loss just by numbers.

Share your views...

yah tu app par depend karta hai kay app kitna pips krahkan chata hain stop loss kay anadar taka app ko aik acha profit hasil ho saka aur app jo chata hain woh app ko mila jaya yahi kaam hai stop loss ka

[pkdoo7]

scalping main stop loss maximum 10 pip rakhna chahiye aur day trade main 30 pip distance per agar swing trade karna hai to 100 pip tak rakh sakte hain , s/l order ki setting time frame ke hisab se karni chahiye kyonki time ke hisab se pip movement badhte ya ghattein hain .

[ishvara]

I think this depend on your business strategy and plan. if you plan or trade short term then i think 50 pipes is better and if you trade long term you must increase your SL and should be 100+ pipes for long term only..

You are right to have mentioned that the stop loss or take profits that we apply in our forex trades is going to be fully dependent on the trading style that we are trading with. Scalpers look for short term opportunities so they need no stop loss or take profits settings.