Disliked{quote} Stop gambling will save you even more money. In fact it will make you money. I regularly sleep upto 8-10 hours with 20+ open trades without stops, and sleep very well. In fact I make money every day, because some of those trades come into money while I sleep. However I reduce my orders when I sleep, but still leave a few to catch a position if something looks promising. Go on then, someone start crying foul that I claim to make money every day. I know how impossible this will sound to a lot of people. Unlike those who consistently lose money,...Ignored
But well, if your trade setup is meant to be traded without stop losses then you will only have the risk left that we all have, a unforseen gap in price or very strong and fast movements (which is unlikely, but a good trader always calculates with the worst case).
So what is your point of not using sl's ? I mean they don't hurt you.
The thing is, if a strategy is NOT meant to stay in a trade for long times and you are FORCED to let the trade run because of a lost connection, then you will be very glad for every SL.
-Darwin