How many pips do you think is safe for SL ?

[deathzz]

I usually use between 30-50 pip SL, this is to anticipate that my loss did not become bigger and forced to CL. And that's if CL could do, if you do not have time then I just bring my trading account to the brink of MC. so you should always use SL as the trading account to reduce the risks you are exposed to MC,

[lights]

depending on your trading style,, i trade daily with target more than 50pips a day,, so i use SL 50pips a day,,, SL save us from Margin Call but we have to minimize loss too,, i think its worthed if i loss 50 pips for target more than 50pips

[CoreMethod101]

i think that if we are want to make the stop loss, not depend on the pips but must dep4end on our analysis, we must make the analysis first to let us can know which one is the best price for us to place our stop loss at there not also being the same

yes. it really depend on our analysis.
but putting a tight and fixed level of pips behind our position on every trade is not a good choice.
if it's like 30 pips or 50 pips then it's a different story.
if it's 5 pips or 10 pips most likely the market will hit your SL before retracing and go to your favor.

[narendra]

I think there is no hasitation to place stop loss at the risk level you are intended to take. So why there should be any confusion in this regard. If you are going to take 2% risk place the stop loss at 2% if you want to risk 5% of your capital place SL at 5%

[rajesh]

Pivot points are really good tools to use in setting stop loss and take profit targets but the important thing about setting your stop loss is that you should give the trade enough space to manouvre and this means that your stop loss should be large enough. The second thing is that no matter how large your stop loss is, it should not risk above 10% of your margin.

[chetan]

Well, that is a bad experience, and I have had that experience myself too. It is much better to use a SL and TP and then hope that the trade will hit your TP. If your internet connection goes off sometimes, then a trailing stop might not be of much use to you.

[ratnakr]

when I apply daily trading strategies, then I put the SL as much as 50 points. SL is better than having to put in 100 + cutloss point. Although my SL as much as 50 points, if before it hits SL and I feel prices will not come back, then I will cut loss before SL.

[CoreMethod101]

for me it's not about how many pips. rather, it's about where the price is in regard to the market cycle.
if the market is going sideways then the stop loss will automatically be low and if the market is in uptrend/downtrend then the sl will be a bit higher.

[rajesh]

scalping is short term trading..and scalping dont need much analysis so SL is needed to be set,,,and i usually trade scalping style and i set 15-25 pip in every trade....

[chetan]

Yeah u r right ..its all depend on situation....but usually i put stop loss on basis of pivot point,....due to accuracy and scientific base i can trust pivot point....