How many pips do you think is safe for SL ?

[chintan]

I think there is no hasitation to place stop loss at the risk level you are intended to take. So why there should be any confusion in this regard. If you are going to take 2% risk place the stop loss at 2% if you want to risk 5% of your capital place SL at 5%.

[kamla]

Yes it is. According to the situation, we have to decide whether how much pips we have to place for stop loss. If the market is very volatile then predict the trend and place order with more pips. so that your stop loss will not triggered instantly.

[kamla]

Stop loss may be place according to the leverage and volume used by you. as said by friend you have to determine first how much amount you want to keep for risk. Then according to that amount calculate the pip value and place a stop loss.

[kamla]

Stop loss may depend on the volume you trading. if large volume trade then i use 20 pips stop loss. If the volume is small 0.1 then stop loss moved to 60 pips. stop loss is one of the most important thing which we have to remember while placing a trade.

[newentry]

Stop Loss is a very good way of preventing our account getting huge loss during the trade. We all know that forex is very risky. If we don't take necessary measures, we will sure lose all our money.
So setting stop loss just helps us to solve that problem. But to be able to set perfect SL, we need perfect forex education and that depends upon the amount of money that we are going to invest

you are right, when we use stop loss at our trading, so we have to know the condition and make analysis for our margin and condition of the trend, if you think that the trend will move back soon so you can take stop loss is not too bigger...
but some people said that SL 100 pips it can be 90 % success, i do not know about it, because i seldom use stop loss
i recommended you to use trailing stop too or lock profit so when you are in positive pips and suddenly the chart move back against your order, so will not loss some pips or you just still get profit for some

[vineet]

Stop Loss is a very good way of preventing our account getting huge loss during the trade. We all know that forex is very risky. If we don't take necessary measures, we will sure lose all our money.
So setting stop loss just helps us to solve that problem. But to be able to set perfect SL, we need perfect forex education and that depends upon the amount of money that we are going to invest

[SG Trader]

I usually go for 50 pips stop loss. I think its fair enough and not easily hit by some big spikes of market movements during news releases. I think cut loss too is good but the problem with cut loss is that sometimes your mind refuse to follow your own directives because it has a mind of its own. And before you knew it your floating negative positions is now hard to control.

right, i think if we'll do cut loss it need good soul. many trader so fear about loss so their still waiting and see the transaction that get floating minus. so will be better if we set the stop loss when make a open position

[james]

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

[bigearners]

First of all, SL is very important thing for forex trader. If you want free from margin call, then always use SL with your positions.

yes,you are right.SL should be decided with Support or resistance and they act as good one to determine.Even pivot points are also good in determining.so one can put SL based on this or specified values like ratio of TP :SL as 2:1 like that.It depends on traders need.

yeah, myself totally agree with you that SL range will depend on market trend going on and type of trader. For trader like me, 10 pips is enough for particular position SL, even some other people are using around 100 pips for SL in particular trades. So, it may be vary from traders, strategy, market trend and various other factor.
So, their is no fixed SL range according to me.

[Mr. Tukul]

yes,you are right.SL should be decided with Support or resistance and they act as good one to determine.Even pivot points are also good in determining.so one can put SL based on this or specified values like ratio of TP :SL as 2:1 like that.It depends on traders need.

placement of a stop loss at the boundary support is slightly less precise, I put the stop loss a few pips below the support ... because there is the possibility of price support only a test of strength ...