How many pips we should set as our stop loss?

[Shawn100]

Actually stop loss is very helpful to do profitable forex trade.I want to know as a forex student and new trader from all experienced trader that how many pips we should set as our stop loss?




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[raybenz1983]

Well i would say on this that this also depends upon the currency pair that you would trade on i mean i most often than not set the stop loss at the 30 pips and on the some other occasions i would adjust the same to 50 pips also ..!!