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Gold Nugget For You!

  • #101
  • Aug 20, 2020 10:05am Aug 20, 2020 10:05am
Quoting edwinjil
Here is a Gold Nugget for you guys! Ladies and Gentlemen, introducing trading without Stop Loss. That was the beginning of my
You do have a stop loss. You really do.

It is called a margin call.
  • #102
  • Aug 20, 2020 10:10am Aug 20, 2020 10:10am
Quoting vinforex7
{quote} Im not always right on the direction.. I have positions that's in a drawdown, all the time. What I manage to do is, open new positions consistently.. everyday, book small profits regularly.. and manage the positions that's on loss. The focus should be to have more winning positions.. than what's your floating loss. And I cannot comment on how you are saying it'd be only 50 -50 ratio. But for me, Im able to manage better than 50:50. Just see the picture for reference, it's the same account that's posted on post #45 in this thread. See the...
I think that to be successful (I mean profitable) you should (should or should not, of course, it is your decision) take out part of your account periodically (example - at the end of each week).

Here on FF is a guy who managed to go from a couple of thousands to over 12 million using different robots. During recent yen crash, he lost 95% of his account. If you treat your account as "not if but when it will evaporate" you will be in a far better situation.
  • #103
  • Aug 20, 2020 10:11am Aug 20, 2020 10:11am
Quoting Fred-IV
{quote} You do have a stop loss. You really do. It is called a margin call.

Finally someone writing it
Every trade comes with a stop loss, even the ones without a stop loss.
  • #104
  • Aug 28, 2020 3:57pm Aug 28, 2020 3:57pm
Quoting de5151
{quote} {quote} Watch the video for all the answers to these questions. If you stick to the initial 1/5 of your "normal" position as he teaches you can do this with any size account and can keep hedging against the zig-zag (when it goes back to 1.67000, etc.) Just keep in mind you can be a very successful forex trader without using stop losses, if you follow the rules of the zone recovery. Normally I don't need to use the zone recovery as I am a good enough trader to get my initial trade right the majority of the time and I hit my profit target....

I have the feeling that guy want to sell quick his so good SW into someone hand and take the money, not there for teaching a good technique in that video .. s.o. has the similar opinion or is it just me?
  • #105
  • Last Post: Edited 4:35pm Aug 28, 2020 4:07pm | Edited 4:35pm
Quoting vinforex7
{quote} Edwinjil... Good start... and a good concept too, if you can back it up with solid steps / strategies to get this work in any market situation. Waiting for further updates from you. As a matter of fact... I also trade in these similar lines, without a stoploss. A few things I do to stay profitable: 1. I trade very small compared to my balance. 2. I trade a lot... normally about 20 to 50 trades per day, across all pairs. 3. I trade in one direction only, when the prices meet my criteria. If it goes to loss, I average it.. (lol... dangerous,...

You speak the truth, it is possible without SL, only hedging, but while having floating loss, keep the loss wining time, you keep trading, scalping for profit, make sure you never over-trade, over-leverage, some of the loss get smaller, as time comes and allows you averaging down when trend calls for it, but the proportion of your margin and capital must be big, at least 1:4 if not higher
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