How many pips do you think is safe for SL ?

[chetan]

i think its all based on the our strategy...we shud select pips based on our technical analysis and the our take profit position...so its safe to our account balance

[chirayu]

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

[netra]

ya proper analysis and money management is very essential for setting proper stop loss.Stop loss is very important for long term trading so long term trader should be expert in setting stop loss

[sunil]

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

[chirayu]

You are very right my friend and i think if the price will move from this level then there are the chances that price will move in this direction. Also one more if the good volatility then 50 pips stop loss is good.

[sunil]

how many **** will be good for stop loss depends on market condition mainly. if you are volatility condition, stop loss should be 60 **** and if you are in n volatility condition 30 **** is good.happy trading

[rajesh]

This is true that you should not set stop loss at more than you can afford to lose. But while determining stop loss you should consider few other factors as well, first whether risk reward ratio is good when you set stop loss at this level, and secondly is the stop loss you set is meaningful i.e. just below support level for long positions and just above resistance level for short positions.

[qa2012]

There is another view on this subject namely that the use of stop-loss depends on the margin available and the good management of my money l when my trad in the direction of my expectations stop loses used and start move it behind the trend winner to preserve as much of the profits
When I find that the pair bounced unlike my expectations for any reason, the decision here is used to stop losses or that I knew how to manage my capital, bear the maximum available margin rebound until the correct path

[rajesh]

It is worth to use pivot points to determine your SL and Target along with good entry level. And i noticed there is often some found some support or resistance at these levels but i still like to watch market at my own and mark important resistance and support for my trade.

[chirayu]

Not appropriate to set the target in pips rather we should let our profit grow until we see a reversal signal and if we notice reversal there is no queston of letting the trade open even if we are not getting the pips we have set the target for.