How many pips do you think is safe for SL ?

[rathod]

in my opinion, traders should not use it.or can avoid it. if you have good strategy or if you have good money management then no need to use it.sorry to say, stop loss function hunted my money too many times and thats why ignoring.

[rathod]

do you know why maximum experts are not using this ? cause no need to use it if you have good strategy.suppose you place sl and market will touch it.then tell me who will take responsibility ? ofcourse you.but if you trade with patient then you can take profits.

[monkedelofi]

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...

well main apna sl pips ke hisaab se ni rkhta. main last support or resistance k hisaab se sl set krta hu..lekin jab mere trade proft me hota hai to me apna sl change kr k trade open price se 4-5 above set kr deta hu.... es trah meri trade close hone par b me 4-5 pisp profit me hi rahta hu.

[100 to 1,000]

I think that would entirely depend on your margin, equity and volume of your trade. If you are going with a bigger volume, I think its safe to put a stop loss not more than five to seven pips. However, for moderate or lower volumes of trades, you can go with 10 to 20 pips easily. It will be safe. But again, also keep an eye on your margin. You don't wanna open a position that puts you on the verge of a margin call.

this is a very good advise. i also think the same. we should not open a position that is far too large because we won't have enough space to maintain the position.
but it also must depend on the trading strategy that we use. using a very tight pips on a h4 trading strategy will render the strategy useless.

[ishvara]

i think it depends upon how many pips are you targeting per trade for i target around 8 to 12 pips per trade and use around 25 pip stop loss and that works for me well it gives you a liberty of preventing your account being blown

You are applying the wrong risk reward ration in your trades since you are using a small profits and bigger loss targets like 12pips TP and 25pips SL. Make sure that your profits target is always higher than your loss targets.

[Razu]

Every trader is not follow same rule.I think 10-15 pips is safe for new trader and 50 pips is safe for good trader. But some people do prefer 100pips. It is very risky.

[ashwini]

yeh depend karta hain ki app koun sa pair par trade kar rahe hain .. aur kiss time frame par..
jaise agar eurusd .. trade kar rahe hain.. 30mtns time frame par to 30pips stoploss target perfect hain.
lekin wonhi agar app gbpjpy trade kar rahe hain.. 30mnts time frame par to 60pips stoploss target perfect hota hain. kiun ki dono ki spread aur volatile alag hain.

[rk225325]

Mere hisaab se agar aap sl use karte hai toh aapko kam se kam 50 pips tak lena chahiye aur tp 70 pips tak rakhna chahiye.Ye jyada risky nahi hoga.

[anwar]

well it depends upon the need.But always its not wise to have like this TP=SL.
For beginners i recommend 2:1 ratio.
if TP is 30pips have SL as 50 pips.So that if you lose a trade also,atleast the last trade's half profit will remain.

[tarun2305]

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.

haa news aane wali hoti hai to aap ka stop loss thoda niche hi hona chahiye kyuki do hi cheez hoga ya to itna profit jo kabhi aapne socha na ho aur ya to account blow off