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Thread: How many pips do you think is safe for SL ?

  1. #2845
    Member foggies is an unknown quantity at this point foggies's Avatar
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    I think 20 pips are a bit high for M15 chart because i don't think that trend on a 15 minute chart is strong enough to give us 20 pips. Can you tell that what strategy you use to trade on M15 chart and gain 20 pips per trade.

    ---------- Post added at 06:41 AM ---------- Previous post was at 06:24 AM ----------

    I didn't got the reason that why should not put sl for gold. Because gold is also volatile and it can blow or account in an hour. Can you please explain it.
    Last edited by foggies; 2012-12-29 at 12:21 PM.

  2. #2844
    Senior Member Hansip is an unknown quantity at this point Hansip's Avatar
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    Quote Originally Posted by mirzag View Post
    in this business we never decide this thing because bro you know this thing it is very risky business but during the trading i am use the 35 pips for stop loss and i think it is better for me because bro i am new in this business
    every trader have their own strategy and money management to set their SL. we can use 1:1 or 1:2 risk reward ratio to get a good result in our trade. we can set fixed SL in our trade like 30 - 50 pips or we can set our SL in support or resistant. we have to set SL in the right place so we dont make our trade to always hit SL.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #2843
    Senior Member mirzag is an unknown quantity at this point mirzag's Avatar
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    in this business we never decide this thing because bro you know this thing it is very risky business but during the trading i am use the 35 pips for stop loss and i think it is better for me because bro i am new in this business

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #2842
    Senior Member amir ahmed is an unknown quantity at this point amir ahmed's Avatar
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    The policy of stop loss of the most important policies to control your finances and your accounts, stop-loss by examining the resistance and support levels, we should not put the stop loss just by the numbers, I personally believe that 50 pipe is a good kind

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #2841
    Senior Member pjamiama is an unknown quantity at this point pjamiama's Avatar
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    The trader should be tailored to yours money management strategies and, if you are a scalpers then it should be a little sl but if you are a swing traders then use a largers sl, sl do not connect more than 10 percent of your capitals !

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #2840
    Banned samim66 is an unknown quantity at this point samim66's Avatar
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    You can make $250/day, which equates to $5,000 per month over 20 trading days in the forex market. Assuming you have a good forex education and enough practice, the big question then becomes: how much money should you start with? Well, lets see how this looks: A typical stop loss .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member marach1 is an unknown quantity at this point marach1's Avatar
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    in this business we know this thing it is very risky business and here we need the many of practice about this business and we need the better knowledge about this business because you know this thing the learning is better then earning

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member foggies is an unknown quantity at this point foggies's Avatar
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    determine the target point and stop loss actually depends on each trader because their determination would differ from each other so that the trader may use it in accordance with the rules of each strategy.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member paijahnpaijo is an unknown quantity at this point paijahnpaijo's Avatar
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    Quote Originally Posted by Anytime View Post
    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...
    i use fractal. please plug into your chart at timeframe H1. then, if your position is buy, just put your stop loss at the lowest of last two fractals. it can be 10 - 150 pips for your stop loss

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #2836
    Banned ken arok is on a distinguished road ken arok's Avatar
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    place a stop loss support resistance depends. I am a beginner trader, of course newbies like me have a lot to learn, and a lot of practice, I have several times got a margin call, but I did not give up. we have much to learn

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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