How many pips do you think is safe for SL ?

[netra]

Every trader needs to trade in their risk and reward ratio and I think the stop loss should be placed according to the same. I trade in the ratio of 3:1 which means if I trade for the profits of 60 pips then I place my stop loss at 20 pips .

[yanni]

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...

yes my brother I'm agree with you, but when the market is positive and its direction is clear, we must make a small stop loss and Take a large profit, but if the market is a small negative is adjusted and a TP Stop loss big .. so our decision depends on the situation of the forex market.

[shamim3040]

Different trader follows different policy,style,strategy.I trade by following stop loss policy.I always take three or four entry and give take profit 15 pips and stop loss 45 pips.I think take profit will be given one third of stop loss.Because i see that market condition.

[zahidrock]

in forex trading different trader choose the different pips for stop loss, its depend on the strategy of the trader which they are to be used so i always placed the stop loss 10 to 15 pips and always be successful in my strategy.

I think 10-15 pips are very risky for stop loss point. Because market usually move under 20 pips on maximum time. So in this time if you use 10-15 pips for stop loss then you can't make profit because market all time touch your stop loss point.

[shamim3040]

Different trader follows different policy,style,strategy.I trade by following stop loss policy.I always take three or four entry and give take profit 15 pips and stop loss 45 pips.I think take profit will be given one third of stop loss.Because i see that market condition.

[Ronak]

in forex trading different trader choose the different pips for stop loss, its depend on the strategy of the trader which they are to be used so i always placed the stop loss 10 to 15 pips and always be successful in my strategy.

i usually trade using a scalping and trade with most volatile pair that is eur usd so i think i need to make a stop loss of atleast 20-30 pips for safe trading..their should be a different stop loss.pair wise

[herono1]

in forex trading different trader choose the different pips for stop loss, its depend on the strategy of the trader which they are to be used so i always placed the stop loss 10 to 15 pips and always be successful in my strategy.

[tarun2305]

You may need to estimate 20 pips on a less volatile market but on volatile rampant days, 30 to 50 could be much safer so that you are not logged off prematurely

bo less volatile me me 20 pips bahut kam hai...wo pair 20 pips bahut aasani se cover kar lega,,mere hisab se minimum aapko 30 pips to rakhna hi hoga sL so that pair will not close..

[agitiga]

You may need to estimate 20 pips on a less volatile market but on volatile rampant days, 30 to 50 could be much safer so that you are not logged off prematurely

[playfx]

it is a common rule that stoploss should at least half of the take profit amount, or in other words, the stop loss and takeprofit comparison should 1:2 in ratio. but this is not a fixed rule. what most important is how can you take it if the worse happened to the stoploss. can you accept it. it's all back to the basic rule in forex trading, only trade the amount that you can afford to loose.