How many pips do you think is safe for SL ?

[redlion]

i agree with ur point, one cannot give a clear cut figure as to what the stop loss should be. it all depends on yr capital and the amount of loss u r ready to take. even when u decide on a figure u should be thinking twice because i have experiences when i put a stop loss and the account closed at that point and i took a loss but the market started to move in the other direction after 20pips. had i kept my trade going i could have made a profit instead of an acceptable loss. so think twice before u apply a stop loss.

[Ronak]

I think stop lose depend on traders strategy and traders balance if trader have good balance then they can set big stop lose with there support and resistance level.

yeah u r right....its all depended on the strategy that we use for trading,...in case of stop loss must be use at stage where we can afford to lose it ...

[silverfx]

in my opinion, you should not use stop loss strategy if you have not enough confident with it.because this operation will hunt your money if you are going to place wrong.10% or 5% is better of balance to use it.

[wavestraders]

It depends of the trader itself, its his decision to set it depending on the balance he have in his account and how much money can he afford to lose but setting it below 50 pips is not the right option according to me. but i said it always depends on the trader

[squall]

About SL i think its depend on traders account balcne but i also think if there is sufficient balance then its not bad . but for me it may differ for market condition but 50 pips is not bad and most of the time i used it but tp is 30 to 40 pips.

[ashwini]

yeh to aise bataya kaise jaye .. jab ki apne yeh bhi nahi baya ki app kounsa style se trade karenge . kounsa time frame use karenge.
yeh sab depend karta hain.
mainly agar app stoploss jitna use karte hain take profit kam se kam 50% leni chahiye . jyada se jayaa 200 % leni cahhiye.
isse ek fayda yeh hota hain ki. agar app loss face karta hain to next time easily recover kar sake.

[Tozammel]

Stop loss may vary from trader to trader and trade to trade. Stop loss and take profit may be set seeing the trade and market condition. Generally 30 pips to 50 pips is suggested to set stop loss. Maximum stop loss that you can set is 100 pips.

[moti]

yes my friend this is right i agree what you saying 30 pip is safe for short term deals ,we are using stop loss because we know that there is a prospect of loss or wrong analysis stop loss must be the point that you think the price will go against you.

[dineshji]

now days i am doing scalping trading and i feel that in scalping trading stop loss is not more than 20 pips.
i set my stop loss near to three candles low/high.
and i dont find it then i set 20pips.

[kaia]

Every trader must have their own thoughts about the safe position to put the SL. I think SL is safe, is 50 points or more. If we use the correct Money Management, then SL would not be touched.