I can only speak for myself, but that random spike or "flash crash" that happened recently on the GBP pars made me even more cautious about trading without a stop loss.
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Dislikeduse stop loss on trading account must we do, and with my trading account, I can be better controlled better at managing risk in forex trading. and be optimized for a more optimal result.Ignored
DislikedEven a small trade size can hurt if there is an unexpected high impact news event that causes a big spike. A stop loss can protect you from that, if it's well placed.Ignored
DislikedHey mates, Simply put trading without SL is accident waiting to happen. Every trader should apply some risk parameters and SL is one of the fundamental ones and those who do not use it should be classified as adrenaline junkiesIgnored
Dislikedif we are trading without a stop loss, we could have been reckless and ready to be a big loss, but if our analysis is correct, we can be calm and plug Take profit and enjoy the resultsIgnored