How many pips do you think is safe for SL ?

[suneetha]

Using trailing stop and fixed sl has each advantage and disadvantage, in my opinion of use trailing stop with setting 15pips, possibility will hit sl is higher, because if look in 15min timeframe price movement up and down around 20pip, but its good if in trading market to lock profit.

[AJAY]

me to trading kerte time always 20 pipis hi chahta hun, isliye me ye kehna chahunga ki mere khyal se 20pips safe he stope loss ke liye, jisse hume jada loss nahi ho, aur ek acha profit mil jaye.

[zahidrock]

i am a mini long term trader. so i think 50-60 pips is good enough . but it various with situation . sometimes i give 25-30 pips stop loss if i think situation is in my favor. sometimes i don't give stop loss to avoid spike.

If you thinking for long time then you need to use long pips for stop loss. Because if you use short stop loss then market easily can touch your stop loss point on short time.

[Jack]

i am a mini long term trader. so i think 50-60 pips is good enough . but it various with situation . sometimes i give 25-30 pips stop loss if i think situation is in my favor. sometimes i don't give stop loss to avoid spike.

Yes, i am also put stop loss with 50-60 pips and it is choice for my short term trading plan. Traders can choose stop loss level as per market situation, sometime i make stop loss as per market support level and my analysis. When i opened trade for long time, my stop loss is always set for 800 to 1000 pips.

[abnoman]

I think stop loss is very power in forex trading . so realizing the market movement you have to decide how many pips will you give stop loss.


Thanksll

[sammy]

i think what newbie traders make a mistake is that they calculate how much they can afford to risk per trade and then give a trade. it shouldnt be like this.you should give your sl below a solid support and then position yourself accordingly..

[uknim]

It's called desperate, SL is using that entire equity!!! be ridiculous if taxable MC just because of the position of the OP except those with no use SL it is closed manually open positions klo weve done is not profitable (usually difficult, because emotions really be mocked)
professional traders usually use MM (Money Management) in order to find the green, it's advice that I know of to read and read. that determines a person's true trader is actually what the heck? traders who do not use SL? klo so I chose a casual trader, do not be true anyway MM used right

[mircle]

trading without SL? ....
I think is fine to do, depending on each individual trading style ...
OP maybe if one can use martingale system ...
but must consider the factors of his MM

[pavais]

trading without SL should we do when we are big enough margin resilience, robustness margin when we were kids ready "just got MC.

[jummygurl]

mostly the way i see it i think that best way to put your stoploss is to use a the lower low and the highest high around a support and resistance level when you are trading, but their are some times at which when you are trading that you might want to use 30pips to 50pips as your stoploss value their is nothingb bad in that in as much you are on the right trend