I make perfect trades. But terribly manage it
Hamster on DRUGS TE All Time Return:
-99.0%
Stop Loss is not a financial loss 23 replies
Ea for take profit and stop movement based off risk(stop loss) 13 replies
Stop Loss vs. Hidden Stop Loss 26 replies
Who is best ? stop loss or trailing stop 46 replies
Stop Loss and Trailing Stop 0 replies
Disliked{quote} Markets are every month more unstable. Its difficult find any logic to current behaviorIgnored
DislikedWorst enemy to no SL traders is swap. MM's or brokers can change swaps as they like, except currency, the same goes for dividends.Ignored
Dislikedi love reading these comments and have one more thing to add >>>if you take profits on a regular bases and re get in when a small retrace happens the cost of getting out of the trade and in is nullified if you are on a good run remember greed can result in a loss , many times i have gone to bed and my trades are well in to the red and waking up to find my trades have taken profit but a stop-loss would have taken the trade outIgnored
DislikedI 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...Ignored
Disliked{quote} Good, but if you trade oil, gold, other..., be aware that swaps can change sharply, like from +5 to -15 and eat you out of your positions.Ignored
Dislikedim against sl as well,but i have other way to protect my ac.from burning i consider sl the biggest conspiracy of trading,the only reason of price movement is to wipe out sl,you cant win a trade which is manipulated. so drop your sl and start over,figure out things.that you never did before,i believe thats the way to go.Ignored
Dislikedim against sl as well,but i have other way to protect my ac.from burning i consider sl the biggest conspiracy of trading,the only reason of price movement is to wipe out sl,you cant win a trade which is manipulated. so drop your sl and start over,figure out things.that you never did before,i believe thats the way to go.Ignored
DislikedI see some polite people, but mostly functional illiterates that cant read beyond no sl. I said 1 post but will expand a little in this final post for the polite people. There is a very simple fact of trading 1 -- The market moves in waves it does not infinitely move in one direction forever and ever. Simple fact of trading 2 --- Price will always revert to the mean but the mean will move and adapt with price. (drop a random MA and see that no matter how far price moves from the MA it will always return to touch it) Therefore Step 1 starts with...Ignored