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The truth about the stop loss – why only losing traders don’t use stops
I understand that this is a controversial topic but I fully stand to my word and after working with hundreds and thousands of traders, the losing traders have one thing in common: they don’t use stops. Of course, there is often more that separates the profitable from the unprofitable traders, but stops are a big thing. Here are the main reasons why trading profitably without a stop loss is impossible: If a trader doesn’t use a stop loss, then he has no money management in his trading. The stop loss distance is used to calculate how many contracts you have to buy or sell in order to achieve a certain position ... (full story)
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Thanks I do this often.
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FOREX IS MANY PAIRS GOLD IS JUST ONE WHY LIMIT YOURSELF
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there is always, always another trade!!
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FOREX IS MANY PAIRS GOLD IS JUST ONE WHY LIMIT YOURSELF
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You came here for the truth and let me unveil it for you
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Market is not random but unpredictable
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Market is not random but unpredictable
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A trade should be based on an assumption based on facts
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