How many pips do you think is safe for SL ?

[Ronak]

Stop loss depands on the various condition and it differs from place to place and person to person ant also there patience ... but i prefer H1 which enables trader a good experience and it helps a lot as i think.

Yeah u r right ..its all depend on situation....but usually i put stop loss on basis of pivot point,....due to accuracy and scientific base i can trust pivot point....

[speedy]

I don't measure the SL in pips rather I try to put SL on support and resistance basis. For a long positions just below support and for a short position just above resistance level.

[preetksgill]

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

[nikhil_rrane]

determine the stop loss is easy ... the hardest thing is to regulate our emotions, in the beginning we set a stop loss of 2% ... but in the middle of our trade to replace it be her 5% ... it is difficult to control ...

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.

[Mr. Tukul]

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%.

determine the stop loss is easy ... the hardest thing is to regulate our emotions, in the beginning we set a stop loss of 2% ... but in the middle of our trade to replace it be her 5% ... it is difficult to control ...

[aniket]

Stop loss depands on the various condition and it differs from place to place and person to person ant also there patience ... but i prefer H1 which enables trader a good experience and it helps a lot as i think.

[ketan]

yes we can use support or resistance for stop loss or even SAR also.
mostly i will use pivot lines for determining the Stop loss and Profit levels. they are really useful.

[ketan]

Yes.SL input depends upon the type of trading too.The ratio i told is for normal swing traders.
But For Scalping i always feel that one should never provide SL since there are lot of chances to get SL triggered since its a very small value.

[ketan]

well it depends upon the need.But always its not wise to have like this TP=SL.
For beginners i recommend 2:1 ratio.
if TP is 100pips have SL as 50pips.So that if you lose a trade also,atleast the last trade's half profit will remain.

[ketan]

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