How many pips do you think is safe for SL ?

[cumil]

i think 100 pips is safe for stop loss because if we enter few pips then it can touch out stop loss easily then our price will come back, so always put big stop loss

it is too big friend, do you expect the price will turn around if you are already floting 50 +? I would not be risking my money floating up to 50 +, that I do is how to limit my losses no more than 5% of available funds

[Ganesh]

i think 100 pips is safe for stop loss because if we enter few pips then it can touch out stop loss easily then our price will come back, so always put big stop loss

i have never set my sl for 100pips yet coz i never have trust the trend, i normally set it at 20 pips but if conditions are looking easy then i might set it too 50 at the maximum but never 100!

[mayengbam]

I think there is no particular SL and TP and it depend fully on trader and his/her strategy and depend on how much balance there . for me soemtime i select 30 pips and sometime also 50 pips and it depend on market but always put same in tp and sl.

agree there is no hard and fast way to set the sl and tp targets, some used a random figure as tp and sl targets while some calculate it using support and resistance/pivot or fibo. And some set it as per their equity. So there is no such thing as safe pips for stop loss target.

[sanjeev]

I think better to install the SL between 30-50 pips.
My experience using SL of 10-20 pips, but the market actually touching the SL and turned toward ...
so from now on I always install the 30-50pips SL ...

I think there is no particular SL and TP and it depend fully on trader and his/her strategy and depend on how much balance there . for me soemtime i select 30 pips and sometime also 50 pips and it depend on market but always put same in tp and sl.

[sanjeev]

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...

Setting stop loss and take profit depends on market situation..
sometimes you can set stop loss to 50 pips only and sometime you can make it 200 pips..Its all about your study and market condition..

[arubh]

We can not define how may pips safe for SL or TP it depends on situation of market & the circumstances of the country its internal & external issues.

[bestlooser]

hmm yes differnt for each method and I would say just see the volume and them see how mcuh pips can be good enough to set as stop loss. main thing is you have to fidn out you can be with the trend or against the trend. so soem times 30 pips some times 100 pips and for long term people some time they can set to 1000 pips too.

[realfun07]

Setting up of Stop loss depends on many factors.It depends on the trading strategy of the trader , how much money he is investing in the trade , the risk he is willing to take and the profit margin.So the amount varies from trade to trade.

In scalping it is around 3 - 5 pips and in position trading it can be around 100 pips.

[anubhavsingh]

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

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.

stop loss ki koi bhi fx value nahi ho skati aur pehle se hi decide karke rakhna is useless in forex
stop loss ko suppor tresistence dekh ke set kiya jata hai jo ki har pair ke liye alag alag hoti hai..aise hi koi random value utha ke sop loss nahi laga sakte

[BojanHajdinjak]

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...

Its inpossible to trade profitable with fixed stop loss level because market is changing all the time.
Stop have to be dynamic. Dynamic stop means - exit at market reversal point.