-Ric
Be humble or get humbled
1
Do you believe tight stop-losses cause losses in the long run? 76 replies
Do you believe fixed stop-losses cause losses in the long run? 16 replies
Are you a small speculator? Then I know where your Stop Losses are! :) 11 replies
How do you recover your losses? 15 replies
Disliked{quote} Strange concept right? A way to stop the bleeding in case things go wrong, why would somebody need that? -RicIgnored
Disliked{quote} hummmmmmmmmmm why would some need a stoploss i dont know why i dont use one never everIgnored
Disliked{quote} no true i dont use a stoploss madness no and seriously are you your brokers friendIgnored
DislikedI disagree with points that suggest to just take the loss(es), forget about it and move on to the next trade. It doesn't address the core of the problem or help the trader one bit. The very next trade might be another loser, and then another... Some common causes of losing trades The trading system that the trader is using... 1. is a losing one (as mentioned before) 2. might be too aggressive, in terms of trade entries 3. does not suit the trader's personality.Ignored
DislikedYou think your broker hunts your personal stop loss? Hahahahaha. {quote}Ignored
Disliked{quote} I didn't think he was asking about how to evaluate a loss statistically or if the execution implemented correctly. I thought he was talking about the emotional aspect dealing with a loss.Ignored
DislikedWhat no-one tells newbies, and what even some more experienced traders don't know, is that you must be able to see and understand the inter-relationships between the currency pairs, DJI, S&P, DAX, precious metals, oil etc. And if you want to trade one particular currency pair, then you must be looking at all its "sister" pairs. Nothing in this market operates in isolation from everything else. It is all tied together. A closed homogenous eco-system that altogether, functions as one. If your broker does not have the indexes, metals, oil etc. on your...Ignored
DislikedMy chart screen set up. All on one screen. Fibs, moving averages, trend lines, horizontal support and resistance lines, co-related pairs, indexes, metals, oil. {image}Ignored