How many pips do you think is safe for SL ?

[joru]

Yes indeed traders need to place stop losses based on their risk to reward ratio and based on the profits they want and percentage of capital they want to risk.It has to be decided by trader himself before trading.

[purohit]

I generally use 50 pips for stop loss in my trade.And if i see that market will not move more than 20 pips than i use only 30 pips in my stop loss to lock my stop.

[grabbani]

As I am very much new here in Forex trading so I do not know how many pips are safe for Stop Loss but I understand this much that if I have to earn more and more money then I have to know all these things very quickly.

[pakforex]

you can only see the 2% of loss on the day if the loss is exceeds the 2% of your capital then the loss increases this is the universal formula or many of the qualified traders asked that when you got the loss 2% of your capital then not to trade in that day because you have more loss if you not close the open trade.

[zytuy11]

how much money can he afford to lose but setting it below 50 pips is not the right option according to me and therefore if TP is 100pips have SL as 50pips.So that if you lose a trade also,atleast the last trade's half profit will remain.

[joru]

hum agar trade ko acchi point par set kare toh woh 20 pips taq humre trade ke against ja kar phir profit ki aur rukhta hay.Aur koi trade agar 30 pips exceed karle toh woh aur bhi lose ho sakta hay.Is liye hummein 50 pips taq hi sl ko set karna chahiye.

[tarun2305]

For me that best idea is 3 times of my profit target and if i choose resistance and support level than i did not consider point and i stick with it. And its quite better formula for me.

ye aapne jo target batay hai wo thoda jyada hai kyuki main aisa manta hu ki agar aap bahut jyada hi SL niche rakhneg to aapko loss kafi ho jayega tab aap ka order close hoga isse acha aaap SL na hi lagaye au Khud trade ko watch kare

[cuongmom]

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...

hello, there are a lot of people who are newbie in forex market,the stop loss is depend on your account and your style trading, i always use 30 pips
for stop loss, it is suitable, but if i trade with a big lot, i will use 10 pips only, the support and resistance is so important too

[joru]

For me that best idea is 3 times of my profit target and if i choose resistance and support level than i did not consider point and i stick with it. And its quite better formula for me.

[sufanw1]

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...

Possible to put how many pips to stop loss, every trader has their own opinion. But for me the placement of pips to stop loss should also be tailored to the capital and the strategies that we have. And if for normal or most traders put 50 pips to stop loss.