How many pips do you think is safe for SL ?

[azharfx]

Mai daily trader ho aur me 30pips ka stop loss lagata ho meray hisab se ye bhot acha he lakin jub me Gold me trade karta ho to stop loss use nahi karta kiyun k Gold bhot up ya bhot down ho jata he 10000pips tak

[ashwini]

yes that right if u see the market is going to change and its move against ur order than u will be exit from that order.but in my knowledge always use stop loss and take profit ..so if market is favour u that time u can edit the tp..so u gan more profit. or use the trailing stop to more comfortable..but here in india .power problem is very danger so we use fixed tp and sl..for avoid..the tension.

[rajabd]

Forex master says that adjust stop loss and take profit due to if market will go your opposite so you can not recover that. small loss is better than big loss. Also you have some profit but market isgoing opposite to you then quickly you can not close , because server will busy .

[dog]

Yes stop lose and take profit is depend on market condition. But if you have enough balance then you can set your stop lose with big pips. I think you should set stop lose and take profit with support and resistance levels. I also set my stop lose and take profit with support and resistance levels.

yeah i agree with you the position of stop loss depends upon the market condition.position of stop loss is very important than placing it.it also depends upon the volume of your trading

[kitt]

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...

the pip that is safe for stop loss is according to your take profit and according to your money management and strategies i prefer to use the same take profit as stop loss or make take profit more .

[tomiko]

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...

IMO, pips for SL depends on what your trading style
scalping: 10-20 pips
daily: 30-50 pips
swing: 100-150 pips

[sithara]

well i think it depends on your capital and your trading plan.You can decide it by calculating how much risk you can loose. You can use some technical indicators too.For example You can use Fibonacci retracement levels.

[rajabd]

Stop loss carry on trade time, If I trade 30 minutes I should take stop loss 40 pips and take profit 15-20 pips . One day trade stop loss will 150 pips and take profit 70-80 pips.

[forexprophet]

There is no perfect predetermined stop loss as far as forex is concerned. It changes for every position. It is always better to give enough room for the market to move and setting up tight stop loss does not mean that you are following a right money manaegment system. It always better to spot the support and resistance level before setting the stop loss and take profit.

[lgarhboularbah]

for me i think that the best point for th stop loss is to put it small with 60%-70% of the take profite i mean if we have make 50 point for the take profit so the stop loss will be placed with 30-35 points well i think that when you profit tow times soo you will lost four time to lost all the profit