How many pips do you think is safe for SL ?

[hikaru fx]

i prefer just increase lot no need to look for a lot of pips and forex not easy to earn more than 500pips very day you need to some wisdom so you can easily earn 40pip by 5 lot or 20pip by 20 lot.

[elking]

I think it's the proportion varies from person to person and also vary from one frame to another frame more the user points the more our stop if we were on the almond Frema for an hour I think that 50 or 100 points, good to put them a de facto stop loss

[Bankmen]

.SL should be decided with Support or resistance

Sometimes forex market dont look for support and resistance so you need to put your stop loss on some swings as better protection for intra day trading. Try to understand that point very clear.

[rathod]

yes,you are right.SL should be decided with Support or resistance and they act as good one to determine.Even pivot points are also good in determining.so one can put SL based on this or specified values like ratio of TP :SL as 2:1 like that.It depends on traders need.

[puri]

yes, for me many times power went off and i was not able to get connected.And finally when the power came i opened the terminal and i had got MC and my account was destroyed.

[aamu]

no we cant tell any values for SL unless we know the type of trader.
for a scalper no SL is required as it might get triggered easily than TP.

[aamu]

forex traduing karte waqt chahae aap bade time frame ke sath trading kare ya chote time frame ke sath, aapko stop loss hamehsa support aur resistance ki values dekh ke hi set karna chahaiye ..long term wale tradres kel iye bhi support resistance hote hai aur short term walo ke liye bhi hote hai.trader apni strategy ke hisab se stop loss set kar sakta hai

[eoneadit]

If you want to start making a trading rule, there is basic known about the how much is your SL distance to your entry and this is based on the pair. Right know, EURUSD has commonly have 50pip SL distance while GBPUSD has commonly 45pip distance. This is based on their daily average range. But remember this settings only apply for this moment, but maybe in the future it will change.

[kazamonsif]

Every trader has their own goals and targets, and they trade accordingly and their risk and the percentage of the profits. I think it is better to negotiate based on your risk and reward ratio and mine is 3:1 which means that I place orders for profits of 60 pips and stop loss 20 pips.

[aamu]

Yes indeed traders need to place stop losses based on their risk to reward ratio and based on the profits they want and percentage of capital they want to risk.It has to be decided by trader himself before trading.