How many pips do you think is safe for SL ?

[alomgir766]

In my opinion, I will say 50 pips for stop loss and also 50 pip's for take profits also, stop loss is very important to stop losses when we are profiting, but the pip's may vary according to different traders. Thank

[syamsidar]

to sacrifice margins by holding floating minus hundreds of points just to catch up 10 points I think is outrageous. in addition to a lot of wasted time, will also suppress psychological, you should still use a stop loss order to maintain the efficiency of time and capital

[pullback]

well I think that in conducting trading activities I usually choose 20 points as the tolerance to determine stop loss, until now I still remain disciplined with 50 points that can be used as a reference rate set last loss that I received with full awareness and full responsibility

[handofgod]

I think that 100 pips is safe for stop loss and 120 pips is safe for take profit because we are here for making money and not for losing money that is why we put stop loss in narrow range and take profit in wide range

I use a stop loss point depending on trading conditions at the moment we are doing trading,,, I usually just use a stop loss 58pips course if I trade in the EURUSD pair

[Vishvakarma]

I think that 100 pips is safe for stop loss and 120 pips is safe for take profit because we are here for making money and not for losing money that is why we put stop loss in narrow range and take profit in wide range

[shckap]

In the scalping using stoploss is not great because price moves so rapidly that it might return. And the scripts are Download-able from MetaEditor.Also use closed the script to closed orders when there are requotes !

[alomgir766]

In my opinion, I used only take profit. Stop loss is unnecessary thing for those whose follow money management. If you found reversal movement, wait for the movement to touch the take profit. Thanks

[kadorith]

Yes it is quite good to make decision to place the stop loss before entering the position so that you will not have to go through any loss from that position. Stop loss must be placed at strong resistance if the position i sell and at support if the position is buy.

[jambulforex2]

guess, its punter to closely the point if we open reversal content. If we set disrupt release in unsound indifference way, we seek solon money. Currently i am ready for the activity to adjoin my construe benefit. I am not competent to interchange. So only i mean exceed to approximate

it not easy to be consistant. maybe lets say like 20 pips a day are good but all the same it is very ok when it comes to trading in the forex market. enough for anyone who ways to trade in the market i know it may sound a bit less

[VERO]

for me, it 30 pips fpr sl and also 30 pip's for tp also, sl is very important to stop losses when we are profiting, but the pip's may vary according to differnt traders who have a different way to approach this points.

Yes, I most like to put about 30-50 pips stop loss. This range is ideal because it is not too big nor too small. My suggestion use strict money management. although we suffered a loss 50 pips but the reduced balance amount should not be more than 5%, I am most willing to give up just 2%, it's been great to me.