How many pips do you think is safe for SL ?

[ishvara]

i have no idea about this and it's also depend on your trading volume, market condition, you investment and the most important thing your experience

No, our experience does not decide where we set our stop losses in forex trading. Basically, our risk reward ratio and our forex trading strategy are the two things that we traders need to put in place and consider when we are taking trading decisions.

[antnetwork]

We always need to follow the best combination's pips ratings i.e. euro/usd. Because more the time they are moving between 40 to 50 pips. So we need to restrict within 50 pips. But if we able to skip stop loss indicator and continue our position then we can get more profit. Because some time it may move up to 150 pips.

[girin]

i suggest 20-30 pips. but of pedagogy it shall be definite according to your MM an plans. risking our money for more ride is always whatsoever what block headed .we shall change an apropos position for SL's in our strategy.

[asadkayani345]

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...

wesay to is k liye koi limit nai hoti he but i think k agar ap k acount mein bari amount he to ap 30 to 40 pips ka stop loss rakh saktay hain and agar amount choti he to ap ko 15 se 20 pips ka stop loss rakhna chahiyay

[mircle]

SL is also not without a doubt that indeed we have a MM like that, but we should keep our psychology, do not do the OP no good reason or we carelessly OP

[erwin]

Stop Loss is more uncertain, as some positions will be automatically closed when we consider the losses are too great. Obviously the size of the loss for each position has been taken into account in our trading plan. So, psychologically, SL does not cause doubts

[Ramnit]

i think some where about 20-30 pips. but of course 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.

I think it's better to set SL about 30-40 pips from open position and if it's possible, SL point is below than Support or above than Resistance because Support and Resistance point is not surpassed easily so SL point is not easily hitted too if the SL point is below Support or above Resistance.

[biku23]

how many pips do I think is safe for SL? it is not particular. it depends on the traders and his strategy.it may be 30 pips and sometimes it may be 50 pips for SL. And most of the time it depends on market situations.

[wazid201118]

we can trade in forex with more than 50 pips in making stop loss in our trades.we also know that stop loss can give us security from huge lose in trade.we do not need to trade in forex wit risk if we use huge pips like 100 in our stop loss order.

[sitiz]

Losa stop and take profit should not be too much difference if I use stop lose for this to take profit ratio = 2 and stop lose = 1 so if we have lose 2 times would be covered by the profits once