How many pips do you think is safe for SL ?

[netra]

i think 100 pips is safe for stop loss because if we enter few pips then it can touch out stop loss easily then our price will come back, so always put big stop loss

[akshayfuriya]

Setting stop loss and take profit depends on market situation..
sometimes you can set stop loss to 50 pips only and sometime you can make it 200 pips..Its all about your study and market condition..

[Mr. Tukul]

It totally varies depending on your strategy.

20 pips sl can be too big and at same time, 500 pips sl can be low. It depends on which timeframe you are using and your risk:reward.

For my intra day trades I target 70-100 pips and use sl 50 pips in most cases.

your strategy is right ... you're using the TP ratio is greater than the SL ...
Most traders to use the comparison between the TP and SL, SL is always greater than the TP ...

[chirayu]

Brother I think you should place stop loss value according to support and resistance values..It should not be placed like the way your are placing..
You should have knowledge about support and resistance and then you have to place your stop loss and take profit

[sunil]

It totally varies depending on your strategy.

20 pips sl can be too big and at same time, 500 pips sl can be low. It depends on which timeframe you are using and your risk:reward.

For my intra day trades I target 70-100 pips and use sl 50 pips in most cases.

[rajesh]

depends on how much funds in the account .., I manage a small fund to tide me my SL 20 pips., and also the same TP 20 pips, if I have another large fund which is sufficient to hold the margin, so I'll play with the intraday and I'll set the SL between 50-75, and if more than that may predict the trend will continue and certainly a long wait for the price will go back

[shahzad0able]

The number of pips can't be fixed for any trade. It totally depends on your style of trading and your capital, your limit to handle loss. If you are a scalper with minimum deposit then you must set a tight stop loss and if you are a swing trader with big deposit then you can afford to have a big stop loss. But the question you had asked can't be answered with a fixed number of pips.

[s19]

Yes, i agree with you. Stoploss target is according to traders mentality. I usually don't use stop loss. Now, i plan to use 40pips. I will post my results and experience with stop loss soon.

i had a bad exprience of dont use SL. i advice to all user to must set SL in every trade. may be its more then your planing but set it. because due to news makret movement may be become verhy high & low.
we are waiting your result.

[venkiaries61]

sorry friend i am not agree with you. SL and TP decied accourding to your trading system and type or trader.
if you are short term trader then your sl is near to 30-50 pips and if you are long term then you SL is may be more then 100pips.

Yes, i agree with you. Stoploss target is according to traders mentality. I usually don't use stop loss. Now, i plan to use 40pips. I will post my results and experience with stop loss soon.

[s19]

i think 100 pips is safe for stop loss because if we enter few pips then it can touch out stop loss easily then our price will come back, so always put big stop loss

sorry friend i am not agree with you. SL and TP decied accourding to your trading system and type or trader.
if you are short term trader then your sl is near to 30-50 pips and if you are long term then you SL is may be more then 100pips.