How many pips do you think is safe for SL ?

[mdnahid]

Forex many pips do you think is safe his account balance depend on individual for setting stop stop loss Forex trading.for me sometimes a select 40pips and sometimes also 70pips depend or Forex market business.

[shozeb]

Setting of SL depends on market conditions at present when you open trade as well as number of trades already opened and account balance.
Even, trade style of trader also matter for SL. In general case, you may set SL as 30-40 pips are fine or do 1:1 with SL and TP.

yeah absltly right stop loss aap jab set karte hai toh uske pehle aapko market ko acche se dekh lena chahiye aur iske sath hi sath aapko apni capital ka dhayan bhi rakhna chahiye ki agar trade aapke opposite gyi toh aapka accnt kitna effct ho sakta hai...

[bigearners]

Setting of SL depends on market conditions at present when you open trade as well as number of trades already opened and account balance.
Even, trade style of trader also matter for SL. In general case, you may set SL as 30-40 pips are fine or do 1:1 with SL and TP.

[salati]

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...

hi friends,
it's difficult to define how may pipes safe for SL or TP because it depends on situation of market & the circumstances of the country its internal & external issues.

[Ramnit]

I have no specific pips in trading for sell or buy.I follow the news and movement of trade.
Act up to the news and technical analysis I decide my expected pip. I t is out of my capability to select the certain pips.

stop loss varies from trader to trader, it depends on your trading style, if anyone is a swing trader then he must need to have 100 - 150 pips of stop and if you are a day trader then only 40 - 50 pips is enough.

[rita]

I have no specific pips in trading for sell or buy.I follow the news and movement of trade.
Act up to the news and technical analysis I decide my expected pip. I t is out of my capability to select the certain pips.

[nuh514]

there is no fixed number of pips that is suitable for the stop loss. it depend on the trader strategy itself. if you have a good strategy then you should use its stop loss and don't set the stop loss to a particular number of pips

Using stop loss is also an art and we can change the margin of stop loss in different scenarios. Some times we put it with 40 pips, some other times we use it with 60 pips and some other times we also use stop loss with as many as 200 pips. It all depends upon the situation and the trader themselves should find out the right decision.

[Pereira]

there is no fixed number of pips that is suitable for the stop loss. it depend on the trader strategy itself. if you have a good strategy then you should use its stop loss and don't set the stop loss to a particular number of pips

[TheCoo]

Stop loss plays a vital part in foreign exchange as it limits the losses and enlarge the profit ratio. In fact, using 30-40 pips for stop loss is safe for trading not more and some newbies think that it's too much high but using a 50-60 pips isn't too much safer but somehow risky and don't forget about TP/SL ratio.

[dodol]

Stop losses are very important in a way that you will not understand. The only time i know that stop loss is not necessary is when we have very large amount in our account like 10,000 dollars. Be sure to use it, if you are still profiting, very soon, you will see your losses. Good luck.