How many pips do you think is safe for SL ?

[KOULL12]

it shall be decided according to your MM an plans. risking our money for much extend is always some what stupid .we shall make an appropriate place for SL's in our strategy.

[lisa]

scalping is the short term trading technique or we can say short time trading strategy and scalping don;t need much analysis so Stop loss is needed to be set and i usually trade scalping style and i set 15-25 pip in every trade to get daily profits.

[Amitpaul]

It is only dependent on yours strategy. But I think that if your capital is more you can take risk more.
Also can select huge S.L and T.P.

[pkdoo7]

SL order main 10 se 20 pip distance safe kaha ja sakta hai kyonki jyada ki setting karna risky ho sakta hai jab ki prices ki movement revese di rection main jaka r sl ko touch karti hai to position close ho jati hai aur hum less losses main apni trade finish karte hain agar distance jyada rakhte hain to losses bhi jyada honge aur ye hamare apne nirnay per depend karta hai ki hum kitnaa risk lena chahtehain .

[biplob]

I am new trader.Differents kinds of trader are like to trade differents pairs.I think that 50 pips is safe for trading.And you can profit by this pips.Some it depends on the market possition and your knowledge categori.

[sayem]

Actually it mainly depend on your trade. normally long term traders are not use stop loss but in short term you should used stop loss. in short term trade i think 50 pipes are safe i think and for long term its depend on you but 100 pipes can be safe.

[ashikrobi]

Thank you Mr. Victoryindia moderator. I got the answer i was looking for many days. I was doing trade in one day and got 10 pips loss in my open trade. Then i thought i will not close that and wait as long as possible. I thought it will reverse. But you know for that open trade i loss my account in 4 days.

[asanka]

stop loss amount should not be fixed one its depend on-the risk reward ratio and on going market condition ,when uptrend is going dont enter to market until retracement happens wait for the retracement then enter it helps you to put tight stop loss amount ,i don't have a clear idea about long term trading stretegys.

[kiran]

stop loss trading main bahut jaruri hai ye hame bahut bade loss or margin call se bachata hai. lekin right stop loss determine karne main bahut problem aati hai.
main scalping trading karta hu or usme 15pips stop loss rakta hu.

[boniez]

I think that depending on the thinking of each trader I am trading with scalp so I usually set TP and SL is very small. if I use the TP is 30 pips then I will put SL a 20 pip or sometimes I emtry not use SL is only time I use TP is 4 pips

but do not use targets that are too narrow, because I think stop loss is too small as only 10 or 20 pips would be very easy to hit stop loss hunter, and it will only hurt ourselves.