Mastering Trade Management / Stop hunters

They're out there to get you

Have 2 brokerage accounts and hedge your position with one or another. Very simple.

That is also not allowed. you sign an affidavit with your broker to disclose all accounts with other brokerage firms. Very easy to get caught and get fined for violations

There can be many reasons for failure and, frankly speaking, it can be difficult to make any recommendations on a single schedule or on a particular situation, because it does not reflect the whole reality. And then I saw a lot of assumptions about what it could be and how to deal with that situation. But I think that you yourself need to qualitatively analyze your statistics, if any, or you need to start doing it in order to define clear patterns and determine if there are any problems with your strategy or if it's a technical problem on the part of the broker or you are just in a hurry, etc. In fact, there can be a lot of reasons and all you have to do is identify the ones that apply to you.

So you mean my broker can see my accounts with other brokerages. I have a hard time to believe that. I think in case of an investigation the SEC can access all your accounts but not my broker.

To become a successful trader you need to pay attention to different indicators - from your emotional state to how you distribute your capital and how you analyze the market. And I believe that every trader should do everything the way he wants and trade in the way he wants. Because each of us has different strengths and weaknesses, and each of us should work individually on our results. And maybe the fact that the topic you are interested in is rarely discussed, suggests that traders rarely face difficulties in this direction, if it were otherwise - there would be a lot of discussions on this subject. And I wish you a quick solution to your difficulties, we all deserve success and self-realization.

That is why you have to learn to trade without stops in fx market. When you trade with stops not only you are revealing to your broker your method of trading but also give them a target. Now, one broker can not move the market to just hit your stop, we as individual retail traders are a drop in a ocean, but when there is a bunch of us in one spot then it's just a matter of time a move to get orchestrated. When you trade with stops you are trading like the herd, that means your stop coincides with other like minded retail traders (psychological areas where we will set our stops), therefore, target has been shaped for big banks to make their moves with their big guns... its as simple as that.
Also, your broker single handily can hit your stop without price even moving to that point, how? they simply can widen the spread by whatever amount and hit it.. personally I have had my stop hit by 50pips spread widening... and you could not do a damn thing about it. When do they do such evil thing? during high volatility time, chaotic PA, aks whiplash whipsaw action... they do not have to prove to you why or how they do this.
You still have to Trade-manage as you mention (your trade topic) no matter what style you trade, but it is much more manageable when you have less working against you and out of your control. With proper Money management in place you can be superbly profitable and somewhat in control when using the No stop method. I find it hard to believe to be consistently profitable when you put a cap on your position in this market, period. I personally became profitable once I dropped the stops, but that does not mean to drop being a good trader, it's a working place to the day we die.

Just my humble input.


Trade well.

A trader should not forget about learning and studying the market, it is the most important moment for him. Because the better we orient ourselves in economics and news events, the better we understand the cause and effect of the market, the more likely it is that you can earn and get high efficiency of your actions.
I am glad that there are still traders left, who ask reasonable questions and are in constant search. It is much more reasonable than chasing a quick profit and striving to make profit without making any efforts.
Let us learn to work on our results and continue to develop in the market. Because the one who never stops, the result in the most advantageous position.