How many pips do you think is safe for SL ?

[100 to 1,000]

stop loss can be set according to your trading strategy and we all know that different trading strategy will give different stop loss consideration.
also, even the farthest stop loss can be hit by the market during certain condition. we have all seen that during the news release the price can be very hectic and move up or down by hundreds of pips.

[milan]

In my judgement conclusion experience is a obligatory vicious for the newbies, its really beta to cease the quantity of loses using the block going because generally newbies learn with a infinitesimal matter. And you are conservative whatsoever big traders can do without labial decline because they get sufficient portion in their trading invoice.

[raihanuiu]

Yes, I agree and support on your opinion. Actually, how much do you invest and what do you know about forex. What`s type of position of you in forex. It depends many situation like what`s type of trade do you like. I hope you should not more than 20-30 pips for SL. Then you can control money management and risk of your business.

[Ksal33m]

main apna stop loss resistance, pivots aur support per apna stop loss place karta hoon yeh ziyada safe lagata hay muj ko. stop loss laganey say app barey loss say bach jata hay.

[sazzad]

According to my analysis i think trader can use stop loss on the basis of money management, they should not take more then 2% risk of their total account balance and most of the expert trader also do this.

[najwa]

while determining stop loss you should consider few other factors as well, first whether risk reward ratio is good when you set stop loss at this level, and secondly is the stop loss you set is meaningful i.e. just below support level for long positions and just above resistance level for short positions.

[madun]

I usually use Stop lose up the points of take profit. I use 30 point to stop lose and take profit 25 points in consistence and the importance thing dont too greedy.

[saviour196]

i think uptill 50 to 60 pips you should decide to set your stop loss after seeing at the level of that pair if you will choose less than 50 it can be stopped in very short time and may be after that it moves up so 50 to 60 is fine.

[tarun2305]

setting stop loss & take profit depends on market situation .......
sometime you can set stop loss to 50 pips only & something you can market E 200 pips

bilkul sah kaha apne ye poori trah se depend kartahai ki market condition kya hai us samay ki tabi aap sahi SL laga paeynge har baar ek hi same SL ho asia koi jarur i nhi ahi

[kalponick]

Not a single pips is safe for trading.. because I dont use any random number like 25, 30,50 pips as my stop-loss.. In a seminar I like when an analyst told me that You dont tell the market what is your stop-loss but the market should tell you, how much pips you need to use... This is how I also starts trading now..