How many pips do you think is safe for SL ?

[kixy]

My dear of course I clearly think there is no double that you can set stop loss to 40 pips only and sometime you can make it 80 pips..Its all about your study and market condition we can not generalize the exact pips for setting stop loss..it depends on situation to situation and trader to trader

[sino]

yes, my dear actually to me I obviously think that starting trade you should watch last candal closing and than after trade you take stoploss i think 20 to30 should be but first whatch markets trande and than take trade

[fxearner]

Haan bhai risk ko high kare ye to kabhi bhi nahi sochna chahiye, risk jitna kam hota hai bhai utna hi acha humare liye hota hai, kam se kam risk par trading karna humare liye acha hota hai, taki hum survive kar sake bhai.

hanji yahan forex ke business me trader jetna kamm risk lekar market me kaam karta hai woi uske liye achha rehta hai,yahan trader ko risk nahi lena chahiye,trader jo yahan achhe se samjhenga woi uske liye achha rehta hai..

[sino]

In fact, my dear I definitely do believe that it depend on you trading experience and market trend before trading you should look crunchy support and resistant and then choose stop loss 50 pip is good but time period is also important to select he stop loss.

[mix]

yes, obviously I think it’s much true that if we can analyse the market with technical point of view then we can detect the support and resistance of the market and if we can detect the strong support and resistance area then we can put the stop loss or take profit at the trading.

[azhari09]

Stop loss may differ through trader to trader and trade to trade. Stop loss and take profit can be established seeing the actual trade and market situation. Usually 30 pips to fifty pips is actually advised to established stop loss. Maximum stop loss which u can established is actually 100 pips.

[ramuna]

trading plan which I created, constantly place stop loss fifty pps simply to end up being able to build gains on one day 20 pps. This really is part of the actual management on my trade. and I have the actual discipline to do it right. and this particular might reduce my losses on a trade while not getting to lose all of the money I experienced.

[Rehman12]

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...

dear i never use the stop loss and if some one want to use the stop loses then i suggest to such traders that please use the stop loses for maximum pips size because when you use small pips size then your trades close very early giving you defiantly some loses

[digimon]

i think a few exactly in which about 20-30 pips. however of course this shall end up being determined according to u MM a good ideas. risking the money with regard to a lot extend is usually a few what stupid. we shall build a suitable place with regard to SL's on the strategy.

[f3n]

I think it will depend on your trading strategy. Some traders use 30 pips or more as stop loss. But there are traders who trade with 8-10 pips as stop loss but still can makes so much profit. So i think you can determine your stop loss depend on your trading system and your trading plan