Any idea would be appreciated. Thanks.
How to recover equity from heavy losses? 40 replies
DislikedYou never really recover them?
How about if you have found a system and get back all the losses. But I know it will take a while.Ignored
Dislikedtrading without sl, can be one of the most profitable, let me share you why, if i may ofcourse
1. if u play breakouts, u enter with a SL, if u got filled, it goes in 99% in the predicted area, u dont need SL, only to protect the profits.
2. If u dont use SL for its purpose, u are 99% more carefull where 2 enter the market,...u check MA, Fibos, PARs etc....not just place 2 orders & HOPE it turns your way
3. If u dont place SL, your broker can not move the market in news time & when the liqudity is LOW, summer time, holidays ETC.
Dislikedthis is a stupid thread.
trading without a stop loss is death.
trading with a tight stop loss is death, too.
the word "recover" rings in my head as "more losses".
oh my god oh my god my broker is hunting my stops!!! what should I do? (especially on my 50k demo account). haha.Ignored
DislikedPlease refrain from describing others' threads as stupid. Victor Neiderhoffer doesn't use stop losses and he has more than $50K in his account. It was his lack of an exit strategy that cost him everything in '97, but he still maintains that stop losses are devised to steal traders' money. Forex factory is a community of supportive members. Lets not put each other down please.Ignored