FOREX IS MANY PAIRS GOLD IS JUST ONE WHY LIMIT YOURSELF
Do you use stoploss? 648 replies
What stoploss do you use? 27 replies
forex tip - Don't use a fixed stoploss brokers can target 23 replies
Personal Take Profit and Stoploss (per human, not per trade) 0 replies
Dislikedwho is that 'pro' trader that doesnot use a stoploss ? what kind of BS are you 'no stoploss losers' peddling here . lol. it takes one not two or three bad trades to wipe your accounts offIgnored
Disliked{quote} Hi, So, you experienced already fact that exit is more important than entry, right ?? This is valuable advice given by Ronald Raygun at his profile.... this advice is worth millions.... "Here's a tip for the newbies who are learning to trade. Ignore all that hype for various systems. Remember--for now--this one fundamental rule: The exit is more important than the entry. With that in mind, I want you to do the following on a demo account: 1) Toss a coin: Heads long, Tails short 2) Manage the trade as you see fit. If you think the trade is...Ignored
Dislikedwho is that 'pro' trader that doesnot use a stoploss ? what kind of BS are you 'no stoploss losers' peddling here . lol. it takes one not two or three bad trades to wipe your accounts offIgnored
Disliked{quote} You assume that because we use no fixed stoploss we are doomed to ride the death trade to our demise. Not true, unless you use insanely large lot sizes as the brokers advise you to. There are many ways to reasonably close down a trade in loss. Get rid of your preconceptions and discover how those who do not use fixed stoploss actually trade and you will gain profit from viewing threads such as these.Ignored
DislikedHello everyone, just stepped into this thread and even if the question is quite simple (at least to me) it has a lot of weight in one's trading. My humble opinion: one has to use SL at all times. If you don't use SL you can indeed 'be lucky' and the position will go your way. If you do use SL, there is no danger in a large sudden drop which could make you lose a large part of your account or why not the entire account. Traders that were live in 2008-2009 know exactly what I'm talking about, if they remember. Anyway, NOT using SL is very dangerous,...Ignored
Disliked{quote} Ahh yes 2008 a very good year especially from October on, I can remember it well as I was trading AJ sitting short bored out of my skull because of inactivity in the position and in a blink I had 4 more short positions open up 100 pip apart, swings were insane (hundreds of pip in seconds), blown accounts were everywhere, the forums were amuck with all sorts of sad stories in very short order. One of my trading buds lost 5k in minutes when silver gapped down right over his stops getting filled at the first price available, another bud who...Ignored
DislikedTo succeed in trading, you need to learn risk management. Stop/loss allows you to be a controlled trader, a smart one too. Ignore the controversy going on, as my fav quote says 'Amateurs want to be right, professionals want to make money'Ignored