How many pips do you think is safe for SL ?

[forex247]

Agar aapko stop loss lagana hai to aap ko mai ye suggest karna chahunga ye aap 20-30 pips k bich me hi apna stop loss set kare taki agar aapka stop loss hit hota hai to aapko jyada loss na ho lekin stop loss hit na hi ho kuch aisa apna trade set up bnaye

[zonyakhan]

If we have to stop loss, it is our desire to say that but we use it if we put it in the star 50-50, then it will be good for us because whatever will happen next to it. He will harm us and can not bear much harm.

[Attraction]

Dear sir i agree with your point stoploss should place on support/resistance level.but for that kind of trader who trade only 1 and 5 hours per day they should place stop loss by their money management and risk ratio.and place stop loss depend on trader to trader.

[Deepthinker]

Setting stop loss and take profit depends on market situation..
sometimes you can set stop loss to 50 pips only and sometime you can make it 200 pips..Its all about your study and market condition.....

[Shahid78]

inside my purpose of read ther is 10 pips are such that you can set as stop loss, and 30 pips are such that you can set as take profit, its my strategy however i cant claim that it's excellent one hence you have to firmly think yourself about the trade

[sodar]

determine the number of pips that will be given when we trade according to me it is adjusted to our ability to deposit capital and risk management. as a beginner trader, we can use capital leverage if we are not too much. so we can make a deal with lots of spreeds but the risk is small. suppose we use stop loss and take advantage of 50 points 20 points which I think is ideal

[quraf]

some people in other forums that I read have settings that make the TP level difficult to beat. Certain traders recommend using 20 pips plus spread from the broker. so for InstaForex stop loss is 23 pips. he trades using a 5 minute time frame and his trading strategy uses escape from retracement. the currency pair he uses is EURUSD and he claims that his TP rarely reaches (maybe only 5 times in 100 trades). this is a very nice setting ...

[fear]

There are so many factors to consider when setting a stop loss such as the volatility of the pair you are trading in, the risk to reward ratio and also the duration of the trade, your money management style and many others to mention. so with this information in mind you can set a stop loss for your trade. and there is no safe pips level. it depends on your expectations that how much you want to make a profit and how much you can take it to face the risk. for small investors I think thirty pips are optimal for taking profits or losses. You can hedge

[ntn]

Yes brother it would be better to put the stop loss in higher than take profit that we put that name because after the price will be making our first float because of the payment minus a spread, and this requires us to position the stop loss is greater than our short take profit.

[safehouse]

I think a safe amount of pips to set sl depending on the pair and the market where we trade ... on the market london and newyork usually higher volatility , stop loss should be greater .... asia and australia is to flatter so stop lose not too big ... but it also depends on the type you are, whether swing or a scalper