How many pips do you think is safe for SL ?

[fst2012]

Before i set up my stop loss and take profits there are alot of things i do consider that is my capital and the lot size i use to enter the trade sometimes i put my stop loss and take profits 50 pips and 50 pips stop loss.

[Hansip]

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.

Well first the stop loss should be smaller than the target so that even if we get equal winning and stop loss hitting trades we still manage to get some profit. Secondly we should ensure that our stop loss is not such that can often hit in daily volatility, so it should be safer enough so we do not get lot of trades hitting stop loss

[pearlyfarzana]

I am new in this trading market. And i have very little knowledge about it. And i think 40-50 pips is ok for stoping losses in forex. We can gain the pips by successfull method of trading

[dhiren]

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.

[Lezzant Prasetya]

we can use support and resistance to put SL, but I think 100 is enough for SL if you are a day trader. if you swinger, you need more SL because we can't always predict the market.

[damayanti]

If I can usually put a stop loss in the ratio 5 times more than the number targeet us, like the example I put a take profit at 10 pips then I place a stop loss at 50 pips and I have often applied in every transaction I

[Joyagain]

The level that the stop loss can be placed depends on individual traders. But I think that the take profit should be put very far because if it is put closer, market can touch it and then turn back again to reach the take profit. However, I think it should be placed at a level where we know that if the market reaches, the loss will not be so painful.

[kimtahu]

it depends on the pair you want to trade.pairs have different elasticity of the day.you need to learn about them in a long time to draw the rule.however, I usually from 40 - 50 pips is quite safe without information can greatly affect the currency pair.

[shahbaz123]

ervery person have a different thinkink in the world . therefore, in my thinking ,25 to 30 pips in SL and i have no perfect idea because this says my friends not i'm. but some people think against me and some favour me.

[garrysidhu]

Its depends traders entry positions and quantity of order size.If market have low movements traders put 10 pips as stop loss and if market have heavy moments keep stop loss at 40-60 pips.Mostly try to convert little bits of profit generating in your trade.Its gives confidence to you.

yea thats realy good idea if market movment is slow then 10 pips is very much for us to make in one trade ,if market movment fast then we need to make take profit on big pips