How many pips do you think is safe for SL ?

[barkiman]

Setting a stop loss of about 20 pips is not a good idea since the market will just fall 20 pips and then recover again thereby closing your trades automatically.

is quite true, in a volatile market, 20 pips is very easy to reach. it is necessary to install a wider stop loss. I always use the TP 50 pips and 50 pips SL. I guess this is pretty wide.

[samuelkanu]

It depends on your strategy that you will use and the expectation for the trade i.e the amount of pips you are targeting.You should use the ratio of reward to risk for setting your stop loss e.g 2:1 or even1:1.Stop loss should be placed at possible areas of reversal

[anubhavsingh]

I do not often calculate my loss by pips because i will decide to put stop loss by using money management . I accept maximum 2 percentage loss per transaction and i will use it to calculate it via pips later .

me hamehsa apna stop loss ciurrency apir ke support aur resistance ke hisab se lagata ho
hjar trader ko yahi technique use karni chahaiye tabho usse stop loss se fayda oga wrana bahut zada nuksan ho sakta hai

[LeeMinHo]

I do not often calculate my loss by pips because i will decide to put stop loss by using money management . I accept maximum 2 percentage loss per transaction and i will use it to calculate it via pips later .

[ritesh]

ya its all depends on the trader where he want to set the stop loss and take profit. if he able to set proper stop loss and take profit then it can be benificial for him

[viky]

ya its depend on the market situation and the type of trader if you are scalper then there is no need of stop loss if you are long term tradee then it is essential to use stop loss

[rahul]

i think you should work according to your method and also according to the stargies he is using in the trading because some scalpers dont use stop loss and take profit while long term traders use this tools

[mita]

well i guess it depends how much you are willing to loose on each trade and it depnends on the lot size too higher the lot size small the sl smaller the lot size higher the sl so atlast it depnds on you euqity also

[ritesh]

i have never set my sl for 100pips yet coz i never have trust the trend, i normally set it at 20 pips but if conditions are looking easy then i might set it too 50 at the maximum but never 100!

[sayem]

Mere hisabse hume apna trade dekhkar SL set karna chahiye. agaar humary trade jada ho or long time trade karna chahte ho tab hum apna SL ko barakar de sakte hay. ye bilkul he aapna trader par nirver karta hay ki wo apni trade me isse jada loss nahi karsakte hay. mere kheyalse normally 50$ enough hay or long term pe 100$. isse jada nahi.