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Trading without stop-losses

  • #241
  • Dec 1, 2015 5:31am Dec 1, 2015 5:31am
Quoting He-Goat
{quote} <Too bad mate, I ain't showing my live account, if you observe closely, there's enough discipline in my demo account to show you, I ain't playing around ,In Pete's sake, who would spend hours,weeks, days demo trading, that will be a waste of resource don't u think?. For some reason I manage to stay on the right side of the trend , well, atleast 69.43% of the time. I use sl don't get me wrong ,but not trading short time. And my account been up since sept. 2012 , that's two years plus. Start to date profit @ 477 % of capital. No jokes.
I said I agreed with your comment demo trader. Like I said never believe a demo hero since no emotions, no slippage, no wacky spreads no tricks are involved!
So since you have no live account to back what you say one cannot take you seriously unfortunately.

By the way how did you come up with 477% profits since inception? LOL you mean 67% demo profits.
  • #242
  • Dec 1, 2015 6:06am Dec 1, 2015 6:06am
I think we don't have to use the traditional stop loss, but some sort of stop to minimize your losses is always necessary.
  • #243
  • Dec 1, 2015 8:13am Dec 1, 2015 8:13am
Quoting tradability
{quote} I said I agreed with your comment demo trader. Like I said never believe a demo hero since no emotions, no slippage, no wacky spreads no tricks are involved! So since you have no live account to back what you say one cannot take you seriously unfortunately. By the way how did you come up with 477% profits since inception? LOL you mean 67% demo profits.
Lol, hahahaha... That's a low blow... Well, I was referring to my live account, not everybody on FF is comfortable showing off their live accounts, if you are then its a good thing, so yeap, ... I'll keep mine to myself... But still doesn't change the fact that I'm doing gr8, ( if its matters to anybody, nope, it doesn't) so I'm just giving my 2 cent.. I've been up and running since , and well, he goat knows alot about FX, I've seen peeps come and go. But if your statement makes you feel better about yourself or your advices/strategy, then its fine with me. As long as u feel better... And u made profit from it.And ofcuz u cud set up a demo accnt yourself and try make a quarter of what in my demo mirror accnt. Then we cud start talking about whose more serious. Winks.. Gambling... Hehehehe, I should really be in this rookie section... If FX is a zero sum game, what do u think we'all doing, - saving the world?... This is calculated gambling bro... Get that right, you made your bet on the movements... And cover your risk..
  • #244
  • Edited 9:44am Dec 1, 2015 9:30am | Edited 9:44am
Quoting He-Goat
{quote} Lol, hahahaha... That's a low blow... Well, I was referring to my live account, not everybody on FF is comfortable showing off their live accounts, if you are then its a good thing, so yeap, ... I'll keep mine to myself... But still doesn't change the fact that I'm doing gr8, ( if its matters to anybody, nope, it doesn't) so I'm just giving my 2 cent.. I've been up and running since , and well, he goat knows alot about FX, I've seen peeps come and go. But if your statement makes you feel better about yourself or your advices/strategy, then...
So what you are saying is you started a live account the same time as a demo account and is only comfy showing your demo because your demo account made (67%) much less profit then your live account of (447%) and you're very happy and you know everything about trading right? And that you know a lot about trading and that's your 2 cents worth yes? And that you're doing great!
Conclusion: your literacy skills must be as good trading skills with a zero sum
  • #245
  • Dec 1, 2015 10:35am Dec 1, 2015 10:35am
Quoting tradability
{quote} So what you are saying is you started a live account the same time as a demo account and is only comfy showing your demo because your demo account made (67%) much less profit then your live account of (447%) and you're very happy and you know everything about trading right? And that you know a lot about trading and that's your 2 cents worth yes? And that you're doing great! Conclusion: your literacy skills must be as good trading skills with a zero sum
Hahahahahah.... Now aint that a funny fellow, hahahaha... Long I had a good laff on FF..... Wud be gr8 to wager some gold on our bets.. What think?.. A competition, mate?... Besides I don't see any explorer on ur prof.
  • #246
  • Dec 1, 2015 10:42am Dec 1, 2015 10:42am
Quoting He-Goat
{quote} Hahahahahah.... Now aint that a funny fellow, hahahaha... Long I had a good laff on FF..... Wud be gr8 to wager some gold on our bets.. What think?.. A competition, mate?... Besides I don't see any explorer on ur prof.
So now you treat trading as a competition?
Unfortunately I don't see trading as a competition, I take my investments seriously hence why my demo account is my real account and much larger then you can afford because it's not a competition to me.
  • #247
  • Dec 1, 2015 11:05am Dec 1, 2015 11:05am
Quoting tradability
{quote} So now you treat trading as a competition? Unfortunately I don't see trading as a competition, I take my investments seriously hence why my demo account is my real account and much larger then you can afford because it's not a competition to me.
I thought as much, .... I don't see no explorer ...
  • #248
  • Dec 1, 2015 11:09am Dec 1, 2015 11:09am
Quoting He-Goat
{quote} I thought as much, .... I don't see no explorer ...

If only your trading was as much as your thinking! I don't need to show explorer or unexplorer ...I'm not here for competition nor to learn your type of skills rookie.
  • #249
  • Dec 2, 2015 11:42am Dec 2, 2015 11:42am
I used to water ski. I hated to fall and I would actually hang on to the tow rope and the boat would just drag me. There is no way I can trade with out a stop. As Al Brooks says, "your stop is nearly as important as your entry". This helps me to determine my entry BTW. If I don't have a stop above or below an area or resistance or support that fits my plan, I can't enter.
  • #250
  • Dec 2, 2015 3:30pm Dec 2, 2015 3:30pm
Quoting tommyho7
I used to water ski. I hated to fall and I would actually hang on to the tow rope and the boat would just drag me. There is no way I can trade with out a stop. As Al Brooks says, "your stop is nearly as important as your entry". This helps me to determine my entry BTW. If I don't have a stop above or below an area or resistance or support that fits my plan, I can't enter.
I want to be negative to show viewers something here....

Where is the area of resistance or support?
I've looked for that area for decades and couldn't find it BUT if you can find it with a high degree of accuracy I will hire you in a beat.
So please show me where?
BTW water ski has nothing to do with trading...there is no emotion in water skiing, no money risk , no hungry brokers to steal from you nor scammers waiting for you to eat you alive, just a fun way to waste time!
  • #251
  • Dec 3, 2015 1:51pm Dec 3, 2015 1:51pm
so where are those no stoploss traders.show yourselves.i hope that Eurousd 400pip move got you well and fine.This market belong to nobody and price will move against you nomatter how good you think your forex system is.Take a loss and live to fight another day
  • #252
  • Edited 3:28pm Dec 3, 2015 3:14pm | Edited 3:28pm
Quoting ericnyamu
so where are those no stoploss traders.show yourselves.i hope that Eurousd 400pip move got you well and fine.This market belong to nobody and price will move against you nomatter how good you think your forex system is.Take a loss and live to fight another day

I'm here ...what would you like?
Your issue is you lack education on trading and you think your stop loss will save you always.
The 400pip move didn't effect my large live account in any way, how about your stop loss did it work for you?
  • #253
  • Dec 3, 2015 3:29pm Dec 3, 2015 3:29pm
Quoting ericnyamu
so where are those no stoploss traders.show yourselves.i hope that Eurousd 400pip move got you well and fine.This market belong to nobody and price will move against you nomatter how good you think your forex system is.Take a loss and live to fight another day
I'm here.
  • #254
  • Dec 3, 2015 3:33pm Dec 3, 2015 3:33pm
Quoting lasty
{quote} I'm here.
Lasty I thought you trade with a SL ?
  • #255
  • Dec 3, 2015 4:19pm Dec 3, 2015 4:19pm
Quoting tradability
{quote} Lasty I thought you trade with a SL ?
No mate ... Im more big picture rather than intraday ..
  • #256
  • Dec 3, 2015 9:34pm Dec 3, 2015 9:34pm
Quoting Phumai
I think we don't have to use the traditional stop loss, but some sort of stop to minimize your losses is always necessary.
Stop loss or cut loss, it's all up to you. Some using stop loss because they have no time to watch those candles to take cut loss action...
  • #257
  • Dec 4, 2015 12:04am Dec 4, 2015 12:04am
Quoting He-Goat
{quote} <Too bad mate, I ain't showing my live account, if you observe closely, there's enough discipline in my demo account to show you, I ain't playing around ,In Pete's sake, who would spend hours,weeks, days demo trading, that will be a waste of resource don't u think?. For some reason I manage to stay on the right side of the trend , well, atleast 69.43% of the time. I use sl don't get me wrong ,but not trading short time. And my account been up since sept. 2012 , that's two years plus. Start to date profit @ 477 % of capital. No jokes.

That was a HUGEEE plummet to your DEMO account... I bet your real account copped the same battering He Goat!

You know in the race of the tortoise and the hare?
I AM THE HARE!
  • #258
  • Dec 6, 2015 9:37pm Dec 6, 2015 9:37pm
any trader have their own technique to do forex trading, if u think its work for u then i think its good for u.
but for me, i'd rather to do trading without use stop lose, cause i choose to do trading by my own, ill focus when i do forex trading, cause i want to live by forex trading.
  • #259
  • Edited 10:28pm Dec 6, 2015 10:08pm | Edited 10:28pm
Quoting Salmas
I am still amazed all these pro traders(Wannabes) in here always talking about stop-loss. Stop-Loss is a term used for dummies. They (pros) brainwash you ( you=dummy) from the beginning (when you start the ABC of trading) in order to use stop-loss while they dont even use stop-loss( They I meant big guys, pros, hedge funds, money makers and ...). Do you think John Paulson, Warren Buffet and their big time friends use stop-loss?? give me a F..... break. From the start they teach you the concept of stop-loss in order to lose money. Wake up people...
Shhhh.... You're not supposed to tell them the secret!!!
  • #260
  • Dec 6, 2015 10:55pm Dec 6, 2015 10:55pm
Quoting gabanda
any trader have their own technique to do forex trading, if u think its work for u then i think its good for u. but for me, i'd rather to do trading without use stop lose, cause i choose to do trading by my own, ill focus when i do forex trading, cause i want to live by forex trading.
Everybody want's to live from trading forex BUT unfortunately very very small number do so ask yourself what's the chances you are one of the few elite that do?
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