How many pips do you think is safe for SL ?

[shamim3040]

I think stop loss depends on lots size.And it also depend on capital.
Stop loss is a good strategy in forex.Take profit should be one third of stop loss.

[sayem]

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..

[goldenfx]

If you set your stop loss on market movement basis then you can easily make good profit. If you set 20-30 pips on high movement time then you will never gain good profit because maximum time market will be touch your point. so try to make high distance point on high movement time.

Long distant on high momentum time is good idea but not as per money management principles. As per fundamental analysis stop loss should be set at the point where the market gets it's reversal. So that we can be in safer zone even market not gets back to our trend direction.

[zahidrock]

i think some where about 20-30 pips. but of course it shall be decided according to your MM an plans. risking our money for much extend is always some what stupid .we shall make an appropriate place for SL's in our strategy.

If you set your stop loss on market movement basis then you can easily make good profit. If you set 20-30 pips on high movement time then you will never gain good profit because maximum time market will be touch your point. so try to make high distance point on high movement time.

[bigvic28]

i would prefer using SL in all my trades like 30-75pips and it should be greater than my take profit, remember using the sl helps you minimize your loss not to loss all your money, it safe for me to use stop loss that is greater than my take profit.

[Morshedul]

Most of the time i do not prefer to use stop loss. I think it is not a good thing to use for every single trade. If you have strong back up, then you do not need to use this. Actually pips on stop loss depends on then market situation. On an average 100 pips will be good for stop loss.

[fajar]

maybe if you want to play it safe, adna tiadk can use more than 50 pips is enough ..
because if a graph already passed that the trend will still continue to run against you ..

[wendhrie]

There is no exact rule to determine how many pips which is good for all conditions. It will depend on condition and our style of trading because each trader will be different.

[coba]

maybe if you want to play it safe you can just do it with the normal 50 pips ..
so if it is exceeded it will be very difficult to go back to follow your analysis ..

[coba]

how many pips do you think is safe for SL ?

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.

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