How many pips do you think is safe for SL ?

[msatywa]

The Stop loss plays an important roles in forex trading. It saves a traders from greaters losses. But there is no fixed amounts of pips to find out stop loss levels. Basically stop losses levels depend on market condition and a good money management systems !

[casio]

despite its small lot size, should not we retain up to 1500 pips loss. do not just look at its face value in limiting the loss, but also to be seen within its pips. so outrageous that we hold up to 1500 pips. that means we are still hesitant to cut loss / hedging and undisciplined with money management and risk management. if still hesitant to cut loss like that, you should use a stop loss...thank you very much.

[oming]

it all depends on our perspective of each. but if you ask me is a secure pips to 30 pips SL. I calculated it all in terms of floating, so it does not become floating minus too much on our trading account. maybe your perspective is different from mine

[lopwahbwa]

Certainly that There is another view on this subject namely that the use of stop-loss depends on the margin availables and the great management of my money l when my trades in the directions of my expectations a stop loses used and start move it behind the trend winners to preserves as much of the profits !

[realking32]

According to me, i think 30 pips is a safe bet if you are a scalper and if you are a intra day trader than 50 pips and if you are a swing trader then I think 100 pips are safe bet and if you are a position trader then i think that 200 pips would be safe bet.

[zam]

To determine our stop loss, its much better if we using support and resistance. I am using support and resistance with H4 time frame on candlestik pattern.

[aksay]

though a direct 10 open positions but we are really analyzing
and our analysis strongly with open positions open that we definitely reversed ...

[tanu123]

i usually puts a stoploss of about 20 pips but i would not advise that for the other traders because stoploss totally depends on what kind of strategy you are using and as i m a scalper it is more than enough to have a 20 pip stoploss.

[dulalbd0071]

I think it is depend on trader currency pair analysis.It is chosen by trader.But all trader properly not understand currency pair analysis.That reason a trader properly not set stop loss.

[ilovefx21]

it is surely depends on what kind of strategy the trader is using but to be frank the most safe for stoploss would be previous swing high or swing low because if the price surpasses this then you will come to know that the price is reversing and this is the right time to get out of the trade with a small loss.