lets be, does not use stop-loss but Stand trailing stop, it would be better put on stop loss ^-^
what?
Trading without stop loss 87 replies
successful trader without stop loss? 93 replies
Stop Loss vs. Hidden Stop Loss 26 replies
Trading without stop loss? 20 replies
DislikedYeah. I sold eur/gbp on 25/11/15 , without a stop loss. I am now fucked.Ignored
DislikedNo Stop loss. Just mange risk with size. Still take losses but just on terms that are more favorable to me. Got a video somewhere see if I can find it.Ignored
Disliked{quote} Even if you manage trades actively, have a crazy stop loss 1000 pip away for the time when markets go to haywire. Pending order are executed by the broker's server in split millisecond once stop loss price is hit. Meanwhile, even if you click close on your platform exactly at the same time, latency alone will put you in a very disadvantaged position. It would take hundreds of millisecond for your order to reach the broker's server and by that time, people like me with pending orders would have consumed all available liquidity. Think of it...Ignored
DislikedIt's a repeat of my old broken record: know where your account is truly in danger. I just closed out a GBP/AUD SHORT at 1.90... Up to recent, review a GBP/AUD chart and look at the last time it was at 1.90 other than current - yes, I held that trade for quite some time, but, the account was not in danger the entire time. Matter of fact, the swaps weren't bad.... know where you account is truly in danger before you enter any trade and the idea of trading without a stop loss gets a lot easier to manage. What this also brings out is more depth to the...Ignored
Disliked{quote} It does not get discussed much. I see many, many posts talking about risk per trade. Never do they discuss the range that involves the risk. Risking one percent over ten pips is radically different than risking one percent over 1000 pips.Ignored
Disliked{quote} Thanks for letting me know I'm not misunderstanding what I see over and over Hope you're doing great JMN! Always enjoy keeping up with ya here....Ignored