How many pips do you think is safe for SL ?

[arihant]

i cannot say thats right or wrong before i knew your TP, so, what is your TP ? i think its good as long as your TP is bigger than the SL, or at least you have the same SL and TP

[mhiblaa]

for me i always open my deal with the order of the take profit by 40 points and sotop loss 20 i dont care to what hapen till the effect of some order the take profit or the stop loss well i have choose always the good point of enter i think that it is the half of the success deal

[pooja]

I usually put SL few pips below the support line in case of a long position and few pips above the resistance line in case of a short position so that if the support or resistance is broken in that case my selected SL may keep my account safe.

[ishvara]

yes friend you are absolutely right..
stop loss depends on various conditions...it depend on individual,s study, his account balance, his experience etc..
so we can not generalize the exact pips for setting stop loss..it depends on situation to situation and trader to trader

yes, i agree with you on this. The amount of pips that we should use in our trading has to deal with many factors and also our trading account balance, our knowledge and our risk reward ratio..

[sohelforex]

For safe trading 50 pips seem to be sound but it depends on your category of business and knowledge. After all, experienced persons win at the end of a race
Good luck.

[dmambi]

There is not safe point to set the stop loss, what we should do is stop loss setting should be depending on the risk we are able to take based on the money available in our account and nearest support, resistance points on our charts.

[mini]

i think that the safe point for stop loss is the nearest point and this is according to entery point if you wanna make stop loss 50 pip wait for the 30 pip to pass and make it 20pip.

[alam]

I think it also depends on each trader such as tolerance loss against the management of money, depending on the market at that time, maybe 35 points stop loss would be fitting.
good luck .

[zaloo]

in my opinion 40 pips is very suitabe for your stop loss , this amount of pips may avoid you from getting big loss also you it helps you to control your trade and it doesn't prevent you from getting profit .

[adil.iub]

i depend on different condition , but i think that i use is 50pip, actually it depend s on volume, ammount of money laverage ect so in diferent time didferent decition shoud take