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Trading Without a StopLoss

  • #461
  • Nov 14, 2013 3:34pm Nov 14, 2013 3:34pm
Quoting vox dei
{quote} oh my... Oh my... Just noticed nubcake's post and went to check what it was all about. Samer, would you be so kind to explain us the difference between the two ff trade explorer screenshots of your account? Thanks. For easy reference, screenshot 1 can be found here: {quote} {image}
no the two charts are for the same account, again, the ssii is a very risky strategy but also very simple, if you control its 5 methods then you will not fear the floating loss, i have said in my first page of ssii.... This theory is to kill the fear you have faced now before few minute when you see my equity.

i sleep good at night even i have such heavy load of fatty floating loss, but as i have said many times , please refer to my ff site thread, the loss will be minimised day after day by the swap, by the location of the trade you have opened the trade..

now for the equity, look to the following list of old still opened trades from mt4 , the guy who posted this chart really dose not know anything about reporting, because, the chart of ff will not show you the swap.

look, the swap for the highest floating loss is about 7% of its value and increasing day after day and the trade it self is going to be closed within few days as it was being opened on the top top top of the turkish chart, and it will go down soon or later, and i am happy that it is still not yet down as i am still collecting money from the swap///

these guys needs years to learn forex and reporting, i advise them to stop trading forex as it is not for them///

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 179 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #462
  • Nov 14, 2013 3:37pm Nov 14, 2013 3:37pm
Quoting Samer1970
as you can see from ssi mt4 results above, i am not a scalper, it is not for few minutes, some trades are going for weeks and some others are for months, while the swap is protecting day after day the same trade, at which some times it is reaching more than 80% of the loss value itself. so i am remaining with minor floating losses. yes my equity is risky and i have said in first page of my strategy here in forex factory, that ssii is a very risky strategy, and you will not gain money to your bank within few months, but once you have passed the breakeven...
OK Samer, thanks for the explanation.

Quoting Samer1970
i wonder why ???
Maybe because “Everyone is entitled to his own opinion, but not to his own facts.” (Daniel Patrick “Pat” Moynihan)

Good luck
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #463
  • Nov 14, 2013 3:39pm Nov 14, 2013 3:39pm
Stop loss orders protect your capital from acts of god, or some gobshite with political power opening his mouth creating a spike or sudden large move completely unexpected.

...Or to close out a position for a fixed loss, according to your own trading rules/method/system/whatever.

I personally wouldn't entertain a position without having a stop loss order set up for it, although in the past I have entered into the market without one.
  • #464
  • Nov 14, 2013 3:44pm Nov 14, 2013 3:44pm
Quoting vox dei
{quote} ok samer, thanks for the explanation. {quote} maybe because “everyone is entitled to his own opinion, but not to his own facts.” (daniel patrick “pat” moynihan) good luck
thanks

for example take the first swap trade in the list above

the swap is approx. 54,
the floating not closed yet loss is approx. 540,
then 54/540 * 100% = 10% approx.
so i have gained 10% of the floating loss as i did not close the trade, and on daily basis, the swap is 3.5usd
if i assume my max decreasing floating loss for this trade is 600, then i am ready to wait it for 600/3.5 = 172 days, but as i took the trade on the top top top of turkish cart, then i expect within few days will be closed with its own profit plus the swap

this is forex trading like bankers do.
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #465
  • Nov 14, 2013 3:44pm Nov 14, 2013 3:44pm
Quoting nubcake
{quote} Pay me no attention. I am an unintelligent, short-sighted, buffoon. I mean, seriously, why would you pay me any attention when you could be focusing on such grand and generous wisdom like this: {quote}
Too late now, nubcake

Btw, the "cake" part on your FF username is 100% right. That was sweet
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #466
  • Nov 14, 2013 3:48pm Nov 14, 2013 3:48pm
Quoting gdr3k
stop loss orders protect your capital from acts of god, or some gobshite with political power opening his mouth creating a spike or sudden large move completely unexpected. ...or to close out a position for a fixed loss, according to your own trading rules/method/system/whatever. I personally wouldn't entertain a position without having a stop loss order set up for it, although in the past i have entered into the market without one.
fair, but if you choose your trade from top top top of the chart as sell or from bottom lower point of monthly or weekly chart for a buy, then the stop loss has no meaning even if you add it.,
but sometimes, yes, i am forced to close a trade manually, for many reasons, but if you look to my account mt4 statement i have closed 36 trades with loss of 142 usd only of 1300 trades....... ????? The ratio is less than 3% and the loss is less than 1%

what is this meaning, the strategy is a success in my eyes, and i do believe in itsapproahes as it is at the ned of the dy making fro me money with the minimal loose.
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #467
  • Nov 14, 2013 3:50pm Nov 14, 2013 3:50pm
Quoting Samer1970
{quote} thanks for example take the first swap trade in the list above the swap is approx. 54, the floating not closed yet loss is approx. 540, then 54/540 * 100% = 10% approx. so i have gained 10% of the floating loss as i did not close the trade, and on daily basis, the swap is 3.5usd if i assume my max decreasing floating loss for this trade is 600, then i am ready to wait it for 600/3.5 = 172 days, but as i took the trade on the top top top of turkish cart, then i expect within few days will be closed with its own profit plus the swap this is...
Samer,

I don't mean to be rude or anything, but you desperately need a reality check. Face the pain now, before you get more hurt.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #468
  • Nov 14, 2013 3:51pm Nov 14, 2013 3:51pm
BTW, I HAVE NOTICED THAT NUBCAKE HAS 90 IGNORED TRADERS IN HIS LIST, I WONDER AGAIN ARE THEY ALL WRONG AND HE IS THE ONLY SUPERMAN HERE IN THIS FORUM ???
JUST A QUESTION TO ASK ???

GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #469
  • Nov 14, 2013 3:55pm Nov 14, 2013 3:55pm
Quoting vox dei
{quote} samer, i don't mean to be rude or anything, but you desperately need a reality check. Face the pain now, before you get more hurt.
good, and fair.

my site in ff ssii is open, and since 32 days i hear the same but i am still making money and still moving with each 500 ips waves and shocks smoothly...

within few days or weeks or months just visit my thread, and check it up.

i am sure you will be surprised from the progres that it will happen .

good luck
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #470
  • Nov 14, 2013 3:56pm Nov 14, 2013 3:56pm
Quoting vox dei
{quote} Too late now, nubcake Btw, the "cake" part on your FF username is 100% right. That was sweet
Oh gee, I shit on Samer's parade. My bad.

Quoting Samer1970
BTW, I HAVE NOTICED THAT NUBCAKE HAS 90 IGNORED TRADERS IN HIS LIST, I WONDER AGAIN ARE THEY ALL WRONG
Wrong, or dumb, and in cases like yours, both. You got to be number 90, btw. Enjoy being listed amongst such great thinkers as ha-pattern, and turveyd. I still manually view your posts for now because it entertains me to watch you flounder.
Congratulations ScalaFX for coming out of the closet!
  • #471
  • Nov 14, 2013 4:05pm Nov 14, 2013 4:05pm
now the broker gave me the swap for this night.

lets see hoe is the example is making profits as i have explained above.
do you still remember, the swap ratio to return the loss was nearly 10%

look now to my new list after updating it when swap is added to my account, take the same trade

new swap is 58
new floating not closed loss is 525

so the new added profit to minimize the loss ratio is 58/525*100% = approx 11 %

it is just pure simple math.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 143 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #472
  • Nov 14, 2013 4:08pm Nov 14, 2013 4:08pm
Quoting Samer1970
{quote} fair, but if you choose your trade from top top top of the chart as sell or from bottom lower point of monthly or weekly chart for a buy, then the stop loss has no meaning even if you add it., but sometimes, yes, i am forced to close a trade manually, for many reasons, but if you look to my account mt4 statement i have closed 36 trades with loss of 142 usd only of 1300 trades....... ????? The ratio is less than 3% and the loss is less than 1% what is this meaning, the strategy is a success in my eyes, and i do believe in itsapproahes as...
I've just looked at your trade explorer, although the % loss is only small now, small losses eventually add up, I notice you're currently at -14% overall and a few more months keeping that up and you'll be -60% or higher.

How do you trade FX? like what are the conditions that make you say right i'll go long or short here?
  • #473
  • Nov 14, 2013 4:09pm Nov 14, 2013 4:09pm
Quoting nubcake
{quote} Oh gee, I shit on Samer's parade. My bad. {quote} Wrong, or dumb, and in cases like yours, both. You got to be number 90, btw. Enjoy being listed amongst such great thinkers as ha-pattern, and turveyd. I still manually view your posts for now because it entertains me to watch you flounder.
I guess some children simply replace their toys with 100$ bills when they grow up LOLOL
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #474
  • Nov 14, 2013 4:16pm Nov 14, 2013 4:16pm
Quoting gdr3k
{quote} i've just looked at your trade explorer, although the % loss is only small now, small losses eventually add up, i notice you're currently at -14% overall and a few more months keeping that up and you'll be -60% or higher. How do you trade fx? Like what are the conditions that make you say right i'll go long or short here?
hi , i will reply for your two parts post
1- on yesterday the equity was in loss of -37%, on day before it was -7%, on the beginning it was -4% and on today it is -14% and now it is less than -13%
do it is varying day after day, but in my thread ssii i said clearly..... I keep 40% of my account for the safety, and i trade the 60% so this 35% floating loss is from the 60%... Not from the 100% got it..

example

my account is now 1000 usd.
i keep 400 sfaety
i trade by 600.
now my equity loss is for example -450
i stop trading
my safety measure is 400+600-450 = 550, in other words .... The account will not be killed by market shocks.

2 - refer to my first page on the thread, ssii - simple strategy/samer00000.... The answers are there..
buy from bottom till 1000 pips, or sell from top of the weekly chart till 1000 pips, walla


the 550 i mentioned in the point 1 , if you have opened for example 0.06 lots = $0.6
then by simple math

550/0.6 = 916 pips at which it is the safety distance from top or bottom
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #475
  • Nov 14, 2013 4:21pm Nov 14, 2013 4:21pm
Quoting Samer1970
{quote} hi boss this is one of ssii rules... DO NOT GO EVER-NEVER AGAINST THE SWAP.. WHEN IT IS BIG VALUE.
That and don't trade in such large lot sizes that you can't carry them for a while is just about all you need. Unfortunately my broker, IBFX, does not seem to carry the turkish pairs. Closing the Aussie in a loss is a double mistake. You lose from you balance, and you go against the swap! I think I have learned a lesson. Thank you.

I buy the AUD/USD when timing is right, and Sell EUR/USD when that timing is right. Usually one or the other is moving in that direction, so they act is a kind of hedge. (one supports me while I carry the other). I Sell USD/CAD when the time is right. All three are in the direction of the swap.

When I drop below 300% margin, I slow things way down- wait for market to close trades in profit. When I climb above 300% margin, I renew the trades I closed in profit, When I climb above 400% margin, I get very aggressive with pending trades. When Price action snaps around, pending trades​ catch the action like a net catches fish.

I keep count of the aggregated lots I have in play, being careful to keep them somewhat in balance.
Some people call what I do "trading the carry". I think your method is very similar. I am studying it to see what I can adopt of it.
After all, imitation is the sincerest form of flattery.

You can lose tons of money with or without stop losses, it's mostly a matter of how you do it.
  • #476
  • Nov 14, 2013 4:23pm Nov 14, 2013 4:23pm
and believe me, i tell the truth, on yesterday when it is reached -37%, i was in the car driving to house while my laptop was in the company operating by itself with my simple ea i built to trade ssii, and when i saw the figure at i think 7 pm while i was going home , i was very satisfied even the laptop is not with me and i can not do any thing, and i was sure 100% it will go down, and if you see my thread yesterday , i wrote from my home machine another laptop... Sell u/t ans sell e/t as these will go south, and they did as i have expected while they are having the heaviest strong large fatty trades and now the floating after the market closed some of them is less han 13%..

i slept yesterday like a baby with complete closed eyes, as i was not having any fear that i will loose, as i have done all of homework as per ssii rules and here i am i made 21% in just 32 days smoothly.
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #477
  • Nov 14, 2013 4:29pm Nov 14, 2013 4:29pm
Quoting rap skallion
{quote} that and don't trade in such large lot sizes that you can't carry them for a while is just about all you need. Unfortunately my broker, ibfx, does not seem to carry the turkish pairs. Closing the aussie in a loss is a double mistake. You lose from you balance, and you go against the swap! I think i have learned a lesson. Thank you. I buy the aud/usd when timing is right, and sell eur/usd when that timing is right. Usually one or the other is moving in that direction, so they act is a kind of hedge. (one supports me while i carry the other)....

once more, thank you

dear friends and attackers,
as you can see, i have been attacked by two traders while i have gotten 4 new friends are sharing the ideas and at the same time they are showing potential to learn and adopt some good ideas as they believe...

so , simple math

4 good : 2 bad

i win - i have passed some good ideas to good people and they might get benefits and they are not kids to accept anything before they study it....


this s my aim to learn FROM YOU, AND TO pass the good exp. Too.

thank you
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #478
  • Nov 14, 2013 4:31pm Nov 14, 2013 4:31pm
Quoting Samer1970
{quote} hi , i will reply for your two parts post 1- on yesterday the equity was in loss of -37%, on day before it was -7%, on the beginning it was -4% and on today it is -14% and now it is less than -13% do it is varying day after day, but in my thread ssii i said clearly..... I keep 40% of my account for the safety, and i trade the 60% so this 35% floating loss is from the 60%... Not from the 100% got it.. example my account is now 1000 usd. i keep 400 sfaety i trade by 600. now my equity loss is for example -450 i stop trading my safety measure...
Ah ok. Well, good luck
  • #479
  • Nov 14, 2013 4:45pm Nov 14, 2013 4:45pm
Quoting Samer1970
{quote} once more, thank you dear friends and attackers, as you can see, i have been attacked by two traders while i have gotten 4 new friends are sharing the ideas and at the same time they are showing potential to learn and adopt some good ideas as they believe... so , simple math 4 good : 2 bad i win - i have passed some good ideas to good people and they might get benefits and they are not kids to accept anything before they study it.... this s my aim to learn FROM YOU, AND TO pass the good exp. Too. thank you
I'd say it bluntly, no offense meant, but it needs to be said, you should do a reality check ASAP, because REALITY is more like this:

your 2 attackers are actually your 2 friends, and your 4 friends are just clueless like you.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #480
  • Nov 14, 2013 4:47pm Nov 14, 2013 4:47pm
Quoting vox dei
{quote} i'd say it bluntly, no offense meant, but it needs to be said, you should do a reality check asap, because reality is more like this: Your 2 attackers are actually your 2 friends, and your 4 friends are just clueless like you.
the equity now is -9.8%, i think it will reply to your wise night talks.
Attached Image
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
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