How many pips do you think is safe for SL ?

[balakalimuthu]

Right strategy at last if you have more profits than losses they you have profits above principal money.Traders should use proper money management with risk reward ratio 1:2.

Setting the stop-loss pips double the target has both advantages and disadvantages: More chances on hitting target than stop-loss at the same time it's based on the strategy followed. The disadvantages is obvious, we need two successful trades to cover one stop-loss hit. So, setting stop-loss need much study and experience, still could not find a perfect one for me....

[aniket]

In the event of the Hedging we can go for a stop loss = 50 pips since we are not sure which way the market will go and that is the range which actually decides the movements.

[vikas]

main wese to manual trading karta houn lekin phr bhi sl k mutaliq thurra bahot experince ha to main to yahi kahta hnn k sl ko double rakhna chiye tp se es taran app kafi save hotey ho or wese chart ka mutala karne se bhi app us wqt sahi andaza laga saktey hane

[aniket]

25 to 30 pips are safe for stop loss if you set it on more value then it give you more loss therefore you must watch the market and then place your order other wise you go in loss

[strong]

I never put stop loss in terms of pips but I usually put stop loss after observing the support and resistance levels. The forex market is so volatile that a tight stop loss like 10 or 20 pips can harm us instead of giving us any benefit. So always put stop loss after observing the support and resistance levels.

[fxTrader]

in my special opinion 40 pips is good enough for you to protect your self from a big loss , when i determine my stop loss at 40 pips i can leave my computer doing any thing and don't be worry about my traiding .

[anubhavsingh]

well i guess it depends how much you are willing to loose on each trade and it depnends on the lot size too higher the lot size small the sl smaller the lot size higher the sl so atlast it depnds on you euqity also

me aapki baat se poori tarah sehmat nahi hon bhai
stop loss aapki equity ke sath sath support resistence pe bhi depend karta hai
aapko thik se analyse karne ke baad hi stop loss lagana chahaiey warna aapke account ke liye bahut khatarnaak hoga

[vikas]

well i guess it depends how much you are willing to loose on each trade and it depnends on the lot size too higher the lot size small the sl smaller the lot size higher the sl so atlast it depnds on you euqity also

[aniket]

10 pips is a tight and a safe SL because then you get out of a bad trade very quickly, the idea in forex is to enter a trade on a strong trend or not to bother at all and if it hits the SL it was never a good trade. Of 100 trades I take around 9 hit the SL

[aniket]

i am scalper too , i set my SL just 10 pips and take profit is 5 pips. the comparison is 1 : 2 ( TP : SL)
small range but scalper have many Transactions in one time.