How many pips do you think is safe for SL ?

[vineet]

Yes stop lose and take profit is depend on market condition. But if you have enough balance then you can set your stop lose with big pips. I think you should set stop lose and take profit with support and resistance levels. I also set my stop lose and take profit with support and resistance levels.

[raka999]

I used to use a stop loss just in it for example nenerapa 6-8 pip pip, but it all also depends on market conditions that we put, whether good or erratic
I know this might be under anyone wants to add, please

stop loss with only 6-8 pips, is it realistic? opportunity to touch the stop loss is very large. even, I could say, would be hit stop loss if only 6-8 pips. I think, for the SL 50 pips is normal with TP 50 pips as well.

[patil]

aapne bilkul thik kaha
forex me stop loss bahut zaruri hota hai lekin stop loss set karna bhi 1 art hai..iske liye market ke support, resistance aur pivot value ki jaan kari honi bahut zaruri hai..apne hi man se koi bhi value set kar lene se aapko faya nhai hoga jab tak aap poori tarah se analysis nahi akr lete

[sabaarshad]

Yes you are right. Another thing in determining the stop loss level is to check whether the trade is short or long term. Longer term requires stop loss of more pips to counter over strange market moves and choppy conditions. However if you are a scalper 20-30 pip stop loss is enough. for intra day, the stop is well over 100 pips.

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...

[sinaga]

I always count in the trading losses of 3% of the funds that I have. I get 10 pps to 50 pps each of my resistance to trade. by comparison, I more easily get an advantage in trade. it is a money management that I use every time I trade.

[wazid201118]

Miane aapni trade par sl ka istemal jada nehi karta hoon.Kyo ki mujhey profit ka jada khayal rehta hay.Phir bhi main yeh keh sakta hoon ke 50 pips hi thik rahega stop los ke liye.

[darksaimon]

According to my noises it should be greater than TP pips, But most of nowadays i don't use Kibosh amount if we are trading with H1 then its change to get Restraint expiration around 50 pips for H4 we should increase it.

[ezincenter]

The stop lose can be from 10 pips to hundreds of pips that is depends on the strategy the trader use, and how much the account holder can afford, if you are an intraday trader then your stop lose can be from 15 pips to 30 or 40 pips

[TrojanFX]

I think Placing stop loss matters a lot this will help you to manage your loss properly you shouldn't risk more than 5% of your account remember; this could guide you on how to place your stop loss.

[patil]

i usually use 50-100 SL for each my position. i know it seem big, but i'm using H4 time frame as my default chart, so with the slowness of the price moving i can still manage to make an exit strategy incase the market go wild. but from my experience, because i'm only enter the market if i've got confirmed signals, i've never get touched by this SL.