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Trading Without a StopLoss

  • #501
  • Nov 14, 2013 7:16pm Nov 14, 2013 7:16pm
Quoting slim buffett
{quote} that might be true. However, if you drive 0.01 km km to your work you will either have to leave very early (about the time you're getting home) or you risk arriving late and not getting paid. This could result in a "crash and burn". And even if you can manage to get there at 0.01 km, by the time you make "wages" you'll be too old to care. Yes?
and what about if i am the manager of the work i am doing daily, and my work requires to reach after all employee left to their homes and i go home when they come back on the same speed of 0.01 km/hr
do you think i will become old, no, on the contrary, the people who driving their cars in full paddle are damaging thier cars and they will not reach their destiny, but when i drive very very very slowly, and i know that my work will begin after few hours i will reach safely , yes tired , fat, sleepy but alive not dead meat - pal.
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #502
  • Nov 14, 2013 7:20pm Nov 14, 2013 7:20pm
Quoting nubcake
{quote} all time -12.5% -9,069 pips oh how i wish for a black swan to come along and shut you up.
can you tell me how much your equity now ??

can you prove to the traders here that you are the superman - sorry the super trader instead of playing like a small kid here and their...

can you show us your strategy, i will convert to your if you can convince us by your methods...

i am waiting you, at any time, show me you are making good income and your equity is perefct as you claim and now i will stop my strategy and i will follow yours...

can you ?
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #503
  • Nov 14, 2013 7:34pm Nov 14, 2013 7:34pm
Quoting Samer1970
{quote} can you tell me how much your equity now ?? can you prove to the traders here that you are the superman - sorry the super trader instead of playing like a small kid here and their... can you show us your strategy, i will convert to your if you can convince us by your methods... i am waiting you, at any time, show me you are making good income and your equity is perefct as you claim and now i will stop my strategy and i will follow yours... can you ?
Good-luck trying to goad me into a dick-measure contest, chump. My posts and the simple truths I have presented are my equity, as that is what we are comparing here. You are on here speaking utter rubbish, and a quick glance at your stats shows this to be true. The value of my posts outweighs yours, and always will because you are a certain type of person who will never accrue the basic intellectual competency required to post anything of merit. It only took one post by me earlier for your little house of cards to come crashing-down because I bothered to spend all of 2 seconds looking at your "system" and your stats. I almost feel sorry for you.

You find where I am standing on a soap-box, as you are, telling everyone exactly how to trade. You find where I "educate" newbies on a "winning system", as you are. When you find them you are welcome to poke-holes in any inaccuracies I have presented. Until then you'll just have to suck it up and accept that your time on stage has come to an end, and the audience is booing at you and your terrible presentation.

You are not better than anyone here. You are, in fact, worse. You coming here showing everyone how poorly you trade shows that not-only are you a bad trader, but you are an extremely dumb trader as well. You don't even have the good-sense to see how poor everything you have presented is.

You remind me of nanningbob... trying to emulate someone elses good fortune by pissing into the wind and telling everyone who will listen how great your "system" is.

There has not been a moment in your accounts existence where you could have cashed-out for a profit. You are getting deeper and deeper into debt. That's not success. Your delusions will allow you to "sleep soundly" even while getting margin calls, I'm sure. And then you'll be back with another "system".

edit: Actually, there may have been a few moments where you could have liquidated, but you've chosen not to. I don't really care to investigate the minutia of your failure to confirm or deny this. As a generalization it is true, and that's what counts.
Congratulations ScalaFX for coming out of the closet!
  • #504
  • Nov 14, 2013 7:38pm Nov 14, 2013 7:38pm
Quoting Samer1970
{quote} but when i drive very very very slowly, and i know that my work will begin after few hours i will reach safely , yes tired , fat, sleepy but alive not dead meat - pal.

No ! Because you WILL be dead meat in the making. You will be "tired, fat and sleepy" but that's not
entirely being alive. If you're simply looking for a "safe journey" then you shouldn't be trading.

Seriously.

Work on your logic a bit more. "A pint of sweat will save a gallon of blood". ..................
When the Joker is in the deck.. fear not and play it well
  • #505
  • Nov 14, 2013 7:44pm Nov 14, 2013 7:44pm
Quoting Slim Buffett
{quote} No ! Because you WILL be dead meat in the making. You will be "tired, fat and sleepy" but that's not entirely being alive. If you're simply looking for a "safe journey" then you shouldn't be trading. Seriously. Work on your logic a bit more. "A pint of sweat will save a gallon of blood". ..................
I WILL DO, THANKS...
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #506
  • Nov 14, 2013 7:44pm Nov 14, 2013 7:44pm
Quoting nubcake
Oh how I wish for a black swan to come along and shut you up.
If you are that good at predicting black swans, why don't you put some money on it ? You must be like some of the other guys here who can only predict losing trades.
  • #507
  • Nov 14, 2013 7:47pm Nov 14, 2013 7:47pm
Quoting BeginnerJoe
{quote} If you are that good at predicting black swans, why don't you put some money on it ? You must be like some of the other guys here who can only predict losing trades.
So not only can't you understand simple sentences that are presented to you, it's the case where you also can't see that your little buddy samer is precisely one of those "guys on here who can only predict losing trades". His equity chart shows this to be the case. But, of course, a good little disciple such as yourself will only see what you want to believe.

Come back when you've had a sit and a think about your perception of reality, because right now it appears to be broken.
Congratulations ScalaFX for coming out of the closet!
  • #508
  • Nov 14, 2013 8:00pm Nov 14, 2013 8:00pm
It is better to trade with a stop loss because protecting your capital must be your top priority. Moreover, it reduces stress.
  • #509
  • Nov 14, 2013 8:01pm Nov 14, 2013 8:01pm
Quoting Samer1970
{quote} hi gefx you have good analysis eye. so i believe you are good in math. lets do it in my way now. yes i have 2 trades of aud/usd in highly risk floating loss. but as per ssii rules : what is the size of these trades as a lump sum to make it easier for calculations : 0.03+0.05 = 0.08 lot = 0.8 usd then you are saying the price will go further down 120 pips - i will add another 180 pips. = 300 pips down so my recent floating loss as of now is -155 + -65 = -220 usd nearly... and my loss for these 2 trades will be in avg approx = 300*0.8 = 240...
I understand what you saying. I just read charts and they tell me what is going on in the market. I couldn't tell you what will happen months from now, but I can predict what the market will do in the next two or six hours. If I'm wrong, my margin account (and peace of mind) are protected by a well thought out stop. Good luck to you (and if the 9280 barrier is broken, you might want to reconsider your AUD positions).
  • #510
  • Nov 14, 2013 8:35pm Nov 14, 2013 8:35pm
Quoting nubcake
Come back when you've had a sit and a think about your perception of reality, because right now it appears to be broken.
I had a sit and think, and nothing is broken. I am nobody's disciple. I have decided to take a look at what Samer's got. Looks quite reasonable to me. A black swamp would not take him out. Since you don't actually know what he's doing, your conclusion is incorrect. You'd do well to learn from him. He's a few steps ahead of you and he's no longer gambling like you do.
  • #511
  • Nov 14, 2013 8:44pm Nov 14, 2013 8:44pm
I do believe that anybody can trade without a Stop-Loss if you use a simple trading strategy combine with
Trend Following methods...

I have tested this countless of time in the past, but one thing that i have learned is you have to have
a proper money management process no matter what....

Mental Stop-Loss is great, but you always have to pick the trend every time, unless you are playing with
fake money.
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #512
  • Nov 14, 2013 8:44pm Nov 14, 2013 8:44pm
Quoting BeginnerJoe
{quote} I had a sit and think, and nothing is broken.
I'm sure you did, and I'm sure that's the conclusion you came to.

Quote
I am nobody's disciple.

Oh, I believe you. Do you believe me when I tell you this? You seem to be one who is easily convinced despite evidence to the contrary.

Quote
I have decided to take a look at what Samer's got. Looks quite reasonable to me.

We know. This is why you are wrong.

Quote
A black swamp would not take him out.

A black swamp, eh? Good to know. I'm glad you are so coherent, just like your preacher.

Quote
Since you don't actually know what he's doing, your conclusion is incorrect. You'd do well to learn from him.

I know you probably believe this. Legitimately, this made me smile and have a quick laugh.

No matter how many bells and whistles the factory adds to the forum the standard of members never changes. It's good to see that people still love their no-stops "systems", margin calls, and preachers of the various faiths. It doesn't matter how badly someone destroys an account they still have their coat-tails ridden religiously.

Keep the faith, Beginner, because it's all you will have.

I think I'm done for now. The house of cards came tumbling down, and BeginnerJoe continues to keep the faith while Samer tries to save-face. Today was a good day.
Congratulations ScalaFX for coming out of the closet!
  • #513
  • Nov 14, 2013 9:02pm Nov 14, 2013 9:02pm
Quoting nubcake
{quote} I'm sure you did, and I'm sure that's the conclusion you came to. {quote} Oh, I believe you. Do you believe me when I tell you this? You seem to be one who is easily convinced despite evidence to the contrary. {quote} We know. This is why you are wrong. {quote} A black swamp, eh? Good to know. I'm glad you are so coherent, just like your preacher. {quote} I know you probably believe this. Legitimately, this made me smile and have a quick laugh. No matter how many bells and whistles the factory adds to the forum the standard of members...
Do not fall into the same mistake I and others did earlier. You should ignore that sick spam troll already.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #514
  • Nov 14, 2013 9:08pm Nov 14, 2013 9:08pm
Why do people get so angry at those of us who make money by not using stops?
  • #515
  • Nov 14, 2013 9:09pm Nov 14, 2013 9:09pm
Quoting vox dei
{quote} Do not fall into the same mistake I and others did earlier. You should ignore that sick spam troll already.
I think it's safe to say that everyone on the forum would do well to follow that advice, as per the absurd previous posts. My ignore list of muppets grows fatter every day. It's threads like this that really help you fill the iggy list. Some people can't wait to show everyone how slow or deranged they are.

Quoting Baggi
Why do people get so angry at those of us who make money by not using stops?
Must be a jealousy thing. Yeah, let's go with that. It couldn't be because of some peoples epic drawdowns and equity losses, and their eagerness to continue claiming they are making profit.
Congratulations ScalaFX for coming out of the closet!
  • #516
  • Nov 14, 2013 9:12pm Nov 14, 2013 9:12pm
When we are young, we get taught many valuable lessons by our parents and our peers. These lessons are often learned by painful trial and error, and our parents and peers are trying to give us the benefits of their wisdom so that we won't have to go through the same painful learning process.

Some people absorb the wisdom of our parents and peers and move quickly forward, without pain. Others though, think that they know better than their parents and peers and so ignore their advice......only to make the same painful mistakes that their parents and peers made, and of course, reach the same conclusion. The parents and peers despair at the needless pain endured, but the understand that some people just refuse to listen to the wisdom of those who have gone before them. These people are destined to a life of slow and painful learning.

Such is life
Doing what you like is Freedom. Liking what you do is Happiness.
  • #517
  • Nov 14, 2013 9:33pm Nov 14, 2013 9:33pm
Quoting realjumper
When we are young, we get taught many valuable lessons by our parents and our peers. These lessons are often learned by painful trial and error, and our parents and peers are trying to give us the benefits of their wisdom so that we won't have to go through the same painful learning process. Some people absorb the wisdom of our parents and peers and move quickly forward, without pain. Others though, think that they know better than their parents and peers and so ignore their advice......only to make the same painful mistakes that their parents and...

I have found this to be very true in life. As I raise 4 wonderful children of my own, I realize they too will take this path.

And I find it's the children, not the parents, who yell things like Troll and stick their fingers in their ears yelling, "I can't hear you!" (Ignoring people you disagree with).

It's not the parents acting like that. Parents want a discussion without Ad Hominem's thrown in. Unless they are lousy parents.
  • #518
  • Nov 14, 2013 9:40pm Nov 14, 2013 9:40pm
Quoting Baggi
{quote} I have found this to be very true in life. As I raise 4 wonderful children of my own, I realize they too will take this path. And I find it's the children, not the parents, who yell things like Troll and stick their fingers in their ears yelling, "I can't hear you!" (Ignoring people you disagree with). It's not the parents acting like that. Parents want a discussion without Ad Hominem's thrown in. Unless they are lousy parents.
You sound like one of those diplomatic parents who spends all day arguing with their kids, and trying to be 'fair'. Sometimes you have to stop listening to bullshit and just tell it how it is.

There is no discussion to be had with incompetent people, and that's not an Ad Hominem. It's an observation and statement of fact, whether you like how it tastes or not. Feel free to give considerations towards all who might post on here, and then see how useful being diplomatic is in the face of mass ignorance after you've waded through it for awhile. Good luck on your journey. Wear some boots and a coat... it's stormy out.
Congratulations ScalaFX for coming out of the closet!
  • #519
  • Nov 14, 2013 10:08pm Nov 14, 2013 10:08pm
Quoting nubcake
{quote} So not only can't you understand simple sentences that are presented to you, it's the case where you also can't see that your little buddy samer is precisely one of those "guys on here who can only predict losing trades". His equity chart shows this to be the case. But, of course, a good little disciple such as yourself will only see what you want to believe. Come back when you've had a sit and a think about your perception of reality, because right now it appears to be broken.
Agree nubcake. As he is a beginner I think he needs some time.
  • #520
  • Nov 14, 2013 10:15pm Nov 14, 2013 10:15pm
Quoting beginnerjoe
{quote} i had a sit and think, and nothing is broken. I am nobody's disciple. I have decided to take a look at what samer's got. Looks quite reasonable to me. A black swamp would not take him out. Since you don't actually know what he's doing, your conclusion is incorrect. You'd do well to learn from him. He's a few steps ahead of you and he's no longer gambling like you do.
dear beginner joe,

hi

lets try to make the following trade to show the great traders who called you the beginner a lesson of trading.

if you agree, open sell trade now chf/jpy of 0.01 lot or the minimum size you can as a test, and open now asap also buy cad/chf the minimum size you have, make your take profit 6 pips without stop loss..

try it ,you will not loose.
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
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