How many pips do you think is safe for SL ?

[MasterShinbei]

what you say is true but I think 200 pips for stop loss is too much as it would be huge loss if market does not turn on your side. Once I lost upto 200 pips on gbpusd sell and I had to close it at loss. After one week price came down to my sell level. 25 to 50 pips is enough in my opinion.

Yes 200 pips are too difficult to achieve. You achievable target. I agree with prawinkurdeg that 25 pips untul 50 pips is enough to be set as our daily pips target. Set to high target make us frustrated if we can not reach it

[vikas]

रोक नुकसान जगह लाभ उठाने और आपके द्वारा उपयोग की मात्रा के अनुसार किया जा सकता है. मित्र के रूप में द्वारा कहा कि आप पहले निर्धारित कितना राशि है जो आप के लिए जोखिम के लिए रखना चाहते हैं. फिर उस राशि के लिए अनुसार रंज मूल्य की गणना है और एक बंद नुकसान जगह.

[vikas]

हाँ, यह है. स्थिति के अनुसार, हम चाहे कितना pips हम रोक नुकसान के लिए जगह तय की है. अगर बाजार बहुत अस्थिर है तो और अधिक pips के साथ जगह आदेश की प्रवृत्ति भविष्यवाणी. तुरन्त इतना है कि अपने बंद नुकसान ट्रिगर नहीं करेगा.

[vikas]

My dear brother I don�t know about this option because I am new trader and I don�t use stop loss option I prefer short term trading and when my trade gives me some profit I close my trade immediately because some profit is better from loss.

[vikas]

i will say 50 pips fpr sl and also 50 pip's for tp also, sl is very important to stop losses when we are profiting, but the pip's may vary according to differnt traders who have a different way to approach it

[vikas]

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!

[Gab]

I do not have a exact number of pips to take profit neither stop loss I only have a ratio for this if you take profit by 1 you should put the stop loss is 1 or 1.5 so you will have best chance to get profit! However it is really risk because when you get lose you will lose more than you earn! So try to win more than lose!

[nilesh]

Yes, its very hard to recover, if set 1:2 ratio for take profit and stop loss. Its better to put take profit and wait for the target. Its similar to long term trades.
Try to analyze well for the entry point and exit point.

[nilesh]

Stop loss is very important on your trades, if you are newbies. Most experienced traders hesitate to use Stoploss. They analyze well and place the position, they also wait for a long time to achieve the target. This is suitable for me. let us discuss.

[nilesh]

1.There is some ratio which you can follow according to your analysis. If you put take profit 20 pips, then set stop loss 20/30 pips. This is not suitable in all market conditions.
2.According to support and resistance. Make some analysis and place stop loss according to sup. and res. This is really good to calculate stop loss.