How many pips do you think is safe for SL ?

[denira]

yes agree..
on a account with higehr risk plan we can put lower SL with higher lotsize...
but we will need higher SL point with another plan with lower profile/risk strategy ...

it would be better to put the SL is higher than TP that we put that name because after the price will be making our first float because of the payment minus a spread, and this requires us to position the SL is greater than our short-TP

[Victoryindia]

Brother I think you should place stop loss value according to support and resistance values..It should not be placed like the way your are placing..
You should have knowledge about support and resistance and then you have to place your stop loss and take profit

sahi bola mere bhai, hume number ke hisab se take profit and stop loss used nahi karna chahiye, hume support and resistannc level sikane chahiye aur uske hisab se karna chahiye

[diesel1984]

yes friend you are absolutely right..
stop loss depends on various conditions...it depend on individual,s study, his account balance, his experience etc..
so we can not generalize the exact pips for setting stop loss..it depends on situation to situation and trader to trader

yes agree..
on a account with higehr risk plan we can put lower SL with higher lotsize...
but we will need higher SL point with another plan with lower profile/risk strategy ...

[venkiaries61]

SL is core of money management..so Stop loss should be in proper management..and 50 to 100 pips is best for stop loss..and so SL should hav priority abt order..

Yes, i agree with you. Stop loss not only the core of money management. There are lot of things that help you to keep your funds safe. Market may move opposite to you and again may come for you. So, you may wait for that. This is suitable for some situations only.

[Victoryindia]

mujhe lagta hai ye depend karta hai aapka take profit ke upar, agar aapka take profit 20 pips ka hai to 40 pips stop loss me rako, main to assie hi karta hu

[Ronak]

SL is core of money management..so Stop loss should be in proper management..and 50 to 100 pips is best for stop loss..and so SL should hav priority abt order..

[anubhavsingh]

also good if you do not use stop loss but you emphasize on the use or setting money management and it is better according to my friend too

money management ke lioye sl ka proper use karna aur ussi hisab se usse set karna bahut hi zaruri hota hai
kayi traders sl ko apni amrzi se set jar dete hai jo ki ekdum useless hota hai
agar aapko sl ki value set karni nahi aatio to iska matlab hai ki ap thik se money management nahi akr pa rahe hai

[anubhavsingh]

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.

aapne bilkul thik kaha
sl aur tp trader kio study pe aur market ki condition pe depend karta ai
sl aur tp ko haemsha support aur resistance value ke hisab se set karna chahaiye

[diesel1984]

short pips only make it faster for the account to be cut..
it is better to wait until the price will moves down because next order will not always come too smooth...

[preetksgill]

According to the strategy adopted by you, but I advise you to set a rate of 1:2 to take profit
But I always, as I select the time frame I'm working on smaller time frame, the less stop-loss