All about the stops

Ha! As I had predicted.

http://www.forexfactory.com/news.php?do=news&id=301371#post4734940

Although that trade probably wouldn't have worked out.

Hehehe? Only a fool will trade without stop loss.The most important part of trading is your set ups.With proper set ups your stops will seldom be hit,Hehehe!

stop loss is essential in trading especially when you enter with high quantity.

like pound people who have buying positons at 1.6300 are still in high losses. so if you have a stop of 1.6250 then you might face a minimal loss but gets out of market before loosing too much..

so sometimes it might be painful to have stops. but it saves trader alot....

I would agree that stops are not necessary----- if your trading a demo account because you can always delete and start again,,,0r mayby if your trading a penny per pip. Then by the time you have lost about 3 dollars you may decide the market went against you.

For real trades though

Trading without a Stop Loss is just asking for trouble. Even if you were trading with a Demo account and not using a Stop Loss, just as bad - Why you ask.... because you're conditioning your mind that trading without a Stop Loss is good. So when you decide to make the jump from Demo to Real, you're taking over that same mentality. Having the best strategy etc in the market is KEY, but you have to back that strategy up with sound Money Management Rules - which includes risk management - not having a stop is risky.... period. Lessformore got it right

Even if you don't enter a stop order you still have in mind a point where you will exit, a Mental Stop. The only difference is if you have to go and feed the cat or something you might come back and find your stop is toast. That sounds like intra-day trading without Stop Orders which is probably a bad idea, if you are trading sans-stop your stop should not be so close that the cat is eating next door's trash because you can't take your eyes off the screen.

Stop loss is a must, that is to make sure that one loser trade of your doesn't wipe out your entire account...
If you trade timing is prefect, the possibility of getting it stopped out is very minimal..

I had 540 pips frI'm my 2 trades, without getting stopped out...

stop loss is must...

its better not to use stops

if we're not using stop loss there as a possibility of lossing all capital as happended to me once

for time being EUR will move towards noth untill we get another big news like yesterday's one

SL is a must. Some not using it because..
* They cant accept the loss.
* Lack of proven trading strategy system.
* Wrong entry point.
* Bad risk:reward.
* Dont understand the market behaviour/price action.
So, are you one of those? If yes, no surprise.

Nobody is going to take your stop losses, be mature!!!

Setting Stop Losses is a true art, they should let room for market fluctuations and in the same time should stop your trade if it goes wrong, the thin line between this two is the way to success!

Hehehe, that's why I don't use stops...

. . . and which Bank predicted earlier this year that we will see 1.45 before the end of this year?

dont use stops.sell eur and dont mind.we will make profit