How many pips do you think is safe for SL ?

[sifi]

absolutely I believe forex trading there is no particular pips for stop loss and take profit , we need to set according to the market conditions and if we can trade with proper placing of stop loss and take profit then we can get good feedback from trading.

[sias]

my friend it is obvious when trading forex safe stop loss is minimal 30 pips. for day trading, we can use 30-100 pips as our stop loss. If we use less than 20 pips as our stop loss, then we will easy to get loss, because the market often moves up and downs in range less than 30 pips. Most of professional trader using 30 pips as stop loss or more

[sifi]

dear forex is profitable business and when trading if we can trade with proper support and resistance detection and with a good trends then we can use 60-80 pips as a good stop loss and we can trade with the 1:2 or 1:3 risk reward startegy.

[naso]

actually when trading in this forex business I believe it all depend on each and everyone of us, some stop loss might be 20pips why some 50pips some can even set their stop loss 70pips it all depend on us and the investment we are having in our account that will tell that.

[sifi]

dear forex is profitable business and when trading i think with 50 pips is safe but when that's set 50 pips stoploss, then I will set 80 pips of takeprofit and sometimes it is not fixed because depend on whether the analysis of each trader and, depending on the movement of the market

[sias]

dear as on my trading experience I think stop loss depend on lot size market volatility and account balance also on experience trading with low risk is better and use the stop loss not so tight place it with the proper analysis the simple way is sport and resistance point.

[farooq287]

Yes, it was true. Good for all situations, there is no exact rule to determine how many pips. Each trader will depend on the style of the situation will be different and trading (short-term trading, day trading or long-term trading). And the ratio, the SL range that I prefer to explain errors in the analysis, which is more than TP SL Point. Our SL is hitted many times it does not mean that our analysis is good enough.

[fxearner]

Bhai kitna hum stop loss lena chahte hai ye to humare uper hi depend karta hai, koi koi hota hai jo bade bade stop loss lete hai, lekin kafi trader dekhe hai maine jo chote stoploss par bade take profits lekar trading karte hai bhai.

hanji forex ke business me stop loss par trader ko dhyaan dena chahiye,trader esme jetna kamm risk lega usko loss recover utna he karna hoga,trader ko esme control me rehkar he market me chalna chahiye yehi uske liye acha hai..

[atif58]

I love today because I can make quite a lot of points for several days. .... While many dealer maintain trade up to a stop loss is hit, but they stay .... I think it's good that you can get a profit from a demo account, 5-10 point in the day .... . in for a big point like 100 and 150 points per day. But it's not safe to do so. it's just .........

In long term trades the profit targets must have to be more then 200 pips and this is very common for long term traders. Although 5 to 10 pips targets for day trading are very defensive move but this is very small profit targets.

[dareking]

Bhai kitna hum stop loss lena chahte hai ye to humare uper hi depend karta hai, koi koi hota hai jo bade bade stop loss lete hai, lekin kafi trader dekhe hai maine jo chote stoploss par bade take profits lekar trading karte hai bhai.