Hi. This is not a thread about trading without a stop loss as the title may make it seem. It is about the concept of stop loss from a different perspective than the majority of traders view it. I have noticed that many traders associate stop loss with failure and take profit with success. This is NOT true. Using a stop to prevent a greater loss is always a profit. Therefore, every trade I place has a double take profit (in my mind).
Profit equals net increase in balance, not win/loss ratio.
Good luck.
Profit equals net increase in balance, not win/loss ratio.
Good luck.