FX Spreads

[jamus]

Hi Everybody, I appreciate the information and knowledge that has come my way by visiting this website. I can honestly say I am a better trader for it. I just wanted to ask those of you who trade Forex (Not by spread bet), What have you found to be the best pip distance for a stop? I know there will be variations but I just wanted to have an idea about the safest in view of volatilities and such like. Many thanks in advance.

 

[Lambchops]

I am trying to day trade the GBP/USD spreadbet and also wondered what stops people are using.