How many pips do you think is safe for SL ?

[patil]

if you trade as a day trader, 30 pips will enough to be consider as a safe stop loss. but if you are a longterm trader, that kind of amount will surely kill your account soon enough. so the point is, the stop loss must depend on your strategy.

[vineet]

yes,you are right.SL should be decided with Support or resistance and they act as good one to determine.Even pivot points are also good in determining.so one can put SL based on this or specified values like ratio of TP :SL as 2:1 like that.It depends on traders need.

[lode]

Stop loss plays an important roles in forex trading. It saves a trader from greater loss. But there is no fixed amount of pips to find out stop loss level. Basically stop loss level depend on market condition and a good money management system.

stop loss is very important and we put stop loss because we expect that the price will contntinue against the deal and will not retreat to the last price but we we have an expectations that say the price will reatreat we have to put stop loss order on other point.

[kamrul10]

sl use karna mujhe bilkul pasand nehi hai and karna bhi nehi chahta hu,ma dekha ha ka market up aur fall bohoot karte hai ledkin market agar huge falll karta hai to wo phirse back bhi karta hai.ledkin uska liye wait karna parta hai.

[siredewe]

from my experience, we can use fibonacci level for setting our stop loss and target profit...but i dont know which one is the better..SL>TP or TP>SL..it sometimes very difficult to set the most appropriate...if there is someone know, please share with us...

[Ahsan]

Stop loss plays an important roles in forex trading. It saves a trader from greater loss. But there is no fixed amount of pips to find out stop loss level. Basically stop loss level depend on market condition and a good money management system.

[waqtitrader]

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...

wese main bhi scalper houn par main free scalping karta houn main kabhi bhi stop loss play nahi karta houn mugh ko pata ha k main ye kar k kafi risk leta hun par mugh ko stop loss acha nahi lagta ha es liye main to sahi baat ha stop loss nahi use karta or or open he rakhta houn sirf take profit he select karta houn

[amgad1982]

about me i did not use stop lose when i trade on line because the price trend go up and go down and maybe the price close my trade on stop lose and after that go up to my tp

[kamrul10]

I think taking 30-50 pips profit per trade is the ideal decision, as we know that usually the graph moves between 70-100 pips and even more in a day. so as to gain 30-50 pips a day is not difficult if we have an accurate signal....

ledkin aap ketna pips stop loss ka liye place karte ho ? aapka target 30 to 50 pips hai. to kaya aap 100 or 150 pips sl place karoge ? or 70 to 100 ? that means target se bhi jayada ? mujhe determine karna nehi ata hai.

[irfan]

I think 20 pips is the safe target for SL but most of the time I chose my SL on support and resistance levels and not on the value of pips because when we chose SL in few pips then it can be easily hit and we lose just for nothing.