I saw some other "No sl" thread but i will write on my own.
There will only be one post from me and no follow ups, this just some information for whoever wants some inspiration on No SL.
No stop loss easy strategy:
Step 1 = Find a method that picks extreme price movements (extreme overbought/oversold,pivots,fibos, adr, bands etc), time-frame you figure it out.
Step 2= Once price is at its extreme point start adding orders and wait for the retracement or reversal (NEVER OVER-LEVERAGE your entries must survive a big miscalculation on your part and still have enough room to keep adding orders until the peak)
Step 3= ????
Step 4= Big profits and beautiful equity curb ---Set up balance withdrawal goals.
That is the method except that step 5 and 6 will undoubtedly follow:
Step5= You will feel like a grand master with a 80 -99%+ hit rate record but one day price will go against you and you will crash hard.
Step6= Try again and then try again until you understand your own most optimal risk : profit entries and method and maybe add bad trade exit parameters, or quit and/or go talk crap about no sl trading.
Easy right you just have to figure steps 1 and 2 and when you get the methods down make sure to cash out often.
Step 7= Laugh at anyone that tells you its a time bomb , just remember that as long as you have withdrawn your deposit money you are just playing with free money and if you get good you will out trade those perfect drawdown clown spammers and will join the profitable traders ranks.
Step 0= Start with very little money and make it grow....I repeat make money out of nothing and draw-down will give you 0 stress.
I suppose this like another one of those threads where the guru will say "do you see it, no keep looking, do you see it - no then keep looking until you get it" except there are no 500 pages of essays and messiah adore me complex .......just one post
The information is out there, good luck to you if you are able to figure it out.
There will only be one post from me and no follow ups, this just some information for whoever wants some inspiration on No SL.
No stop loss easy strategy:
Step 1 = Find a method that picks extreme price movements (extreme overbought/oversold,pivots,fibos, adr, bands etc), time-frame you figure it out.
Step 2= Once price is at its extreme point start adding orders and wait for the retracement or reversal (NEVER OVER-LEVERAGE your entries must survive a big miscalculation on your part and still have enough room to keep adding orders until the peak)
Step 3= ????
Step 4= Big profits and beautiful equity curb ---Set up balance withdrawal goals.
That is the method except that step 5 and 6 will undoubtedly follow:
Step5= You will feel like a grand master with a 80 -99%+ hit rate record but one day price will go against you and you will crash hard.
Step6= Try again and then try again until you understand your own most optimal risk : profit entries and method and maybe add bad trade exit parameters, or quit and/or go talk crap about no sl trading.
Easy right you just have to figure steps 1 and 2 and when you get the methods down make sure to cash out often.
Step 7= Laugh at anyone that tells you its a time bomb , just remember that as long as you have withdrawn your deposit money you are just playing with free money and if you get good you will out trade those perfect drawdown clown spammers and will join the profitable traders ranks.
Step 0= Start with very little money and make it grow....I repeat make money out of nothing and draw-down will give you 0 stress.
I suppose this like another one of those threads where the guru will say "do you see it, no keep looking, do you see it - no then keep looking until you get it" except there are no 500 pages of essays and messiah adore me complex .......just one post
The information is out there, good luck to you if you are able to figure it out.
Dragon Rider
in peace and dreaming with angels at night 
, I dont want to have open positions or I dont want to have to follow them for 24 hours or more .... I prefer control the risk with the use of the SL.
