Disliked{quote} The "no one can take this" is too exaggerated actually... someone who opened a 1 lot trade would have a drawdown of 2800 x 10 USD = 28.000 USD which is nothing for many high level traders.. even for a rich guy who had 20 lots open would be at -560.000 usd which is again just a small percentage for million dollar traders.. so it is dangerous to trade without stop loss for those who ave not enough equity or trade with higher leverage than their equity allow.. Happy TradesIgnored
- #54,622
- Jan 15, 2015 5:13am Jan 15, 2015 5:13am
- Joined May 2014 | Status: Full Time Trader | 27,244 Posts | Online Now
Focus only on what truly matters!
- #54,625
- Jan 15, 2015 6:09am Jan 15, 2015 6:09am
- Joined May 2014 | Status: Full Time Trader | 27,244 Posts | Online Now
Focus only on what truly matters!
- #54,627
- Jan 15, 2015 6:22am Jan 15, 2015 6:22am
- Joined May 2014 | Status: Full Time Trader | 27,244 Posts | Online Now
Focus only on what truly matters!
- #54,632
- Jan 15, 2015 7:18am Jan 15, 2015 7:18am
- Joined May 2014 | Status: Full Time Trader | 27,244 Posts | Online Now
Focus only on what truly matters!
- #54,639
- Jan 15, 2015 8:27am Jan 15, 2015 8:27am
- Joined May 2014 | Status: Full Time Trader | 27,244 Posts | Online Now
Focus only on what truly matters!
- #54,640
- Jan 15, 2015 8:31am Jan 15, 2015 8:31am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself