How many pips do you think is safe for SL ?

[weekager]

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...

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

[zoomfire]

i that will be very risk brother, what will happened if your internet connection is down ? or your computer suddenly hang ? if i were you just set the SL at the point you cant tolerate any more loses

yes, for me many times power went off and i was not able to get connected.And finally when the power came i opened the terminal and i had got MC and my account was destroyed.

[shibilyt]

The SL shall be decided by the traders according to what fit them best. Personally I use a 30 pip SL . I think that is the best thing working on my strategy . i wont want to get a lot of these pips to see in SL.

[bhanu]

Ideally we have to set the stop loss at 30 pips and anything more than that is not advisable at all. This is because if we are going into a loss of 30 pips then it clearly means that the trade is totally wrong and we need to revise our study and again make the trade with the correct market sentiments

[sanjeev]

फिर उचित विश्लेषण और धन प्रबंधन उचित रोक loss.Stop नुकसान की स्थापना के लिए बहुत आवश्यक है दीर्घकालिक व्यापार के लिए बहुत महत्वपूर्ण है तो लंबी अवधि के व्यापारी का विशेषज्ञ रोक नुकसान की स्थापना में किया जाना चाहिए

[aryan]

i that will be very risk brother, what will happened if your internet connection is down ? or your computer suddenly hang ? if i were you just set the SL at the point you cant tolerate any more loses

[aryan]

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

[aryan]

yes, what i meant above is my SL for daily trading, but for scalping i will certainly put it tighter than that, and i use a minimum of 1:1 risk to reward ratio, i never set lower than that cause it will easily blow your account

[sanjeev]

अपने आप में उपलब्ध संतुलन account.Now यहाँ मुख्य कारक बुलाया अपने पैसे के प्रबंधन के आप अपने बंद नुकसान सेट है पैसे के लिए mangement.According आता है पर निर्भर है और लाभ ले

[arihant]

SL is too short will cause too easily moved so it would be better placed with the wider SL that are not easily affected by the price goes