How many pips do you think is safe for SL ?

[mohibul_iiml]

Most of trader who use in stop loss then take profit but they do not know how many pips set in stop loss in forex trading. i think if your account is cent lot the trader can get risk 20 pips and when the trader open big lot size they can get 10 pips daily and i believe that the trader who are a set 20 pips daily they have no risk in forex trading.

[dhakac]

It is depend of the support and stage of stage of level of resistance that where we have to place the stop-loss. But my viewpoint it is always better to evaluate the risk make up ration before company and place the company according to that.

[shint]

SL should be given adequate space for movement / price fluctuations that occur at that
It should also be adjusted with the TF that we use and also the MM must be proportional

[abdul]

jab ham forex men live trading kerte hain to hamain jab is men loss hota hai to ham ko chahye k ham is men 10 se 20 point tak ka wait keren or ager zyada loss ho raha ho to hamain is ko close ker dena chahye.

[bishaas0]

It is rely of the assistance and level of level of resistance that where we have to position the stop-loss. But my perspective it is always better to analyze the danger compensate ration before business and position the business according to that.

[get2ilyas]

It's also depand on your capital or market situation, if market move fast then you watch carefuly with concentration & enter safly.just like Euro daily movement is 70 to 80 pips if it's moved 70pips you can sell.2nd how much i hold the position it's depand on your capital if you have money you can get maxm.

[marley]

I put in the form of pips sl usually 1, 2 tp targets when I was 40 then I apply sl 20 pips but it was very easy once I got to the usual tp sl 100 and sl 50 and a target of 5% profit per trade

[aandree]

I always set my StopLoss at the nearest support and resistance. Don't forget to add also the spread during setting the SL. Let's see the example. Current price for EUR/USD at 1.4221. Near support 1.4288, near resistance 1.4144. So for my buy post, the SL must be 1.4144 - spread - 1 pip. So SL = 1.4140. It's more safe. So my TP will be at near resistance or 50% using fibonacci.

[kismujas]

stop loss may different by different trder. some use half of the take profit or some use double of take profit or some use manual. but I use double of take profit. this is safe for me.

There are possibly more forex robots over the internet than we can reckon and as an end user who hopes to make good use of the forex market, we have to find one with the most excellent outcomes and we must do it with no need to try out thousands of them.

[Man2012]

I think it is up to each trader, if traders use long term trading, it can be up to 100 pips for stop loss, but if with scalpers, it is only about 15 pips. To me, i set it at 30 pips. It is safe for my trading.