Trading without stop-losses | Page 21 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MT4 Trading without GAP and without Excel 669 replies

Do you believe tight stop-losses cause losses in the long run? 76 replies

Do you believe fixed stop-losses cause losses in the long run? 16 replies

How to place large Stop Losses without risking more than few Pips 3 replies

Buy Stop and Sell Stop orders with OCO and Trailing Stop 0 replies

Attachments: Trading without stop-losses
Exit Attachments

Trading without stop-losses

  • #401
  • Apr 18, 2016 12:16pm Apr 18, 2016 12:16pm
I am reading here some things about how fantastic is trading without SL that I am really scared if some newbies take it seriously because they are going to lose him and him next generations money!

Come on guys, be serious!!!

Trading without SL is highly risky and not recomended even for experienced traders...but you are giving a very, very bad advice to newbies, so rethink before saying such kind of stuff.
  • #402
  • Apr 18, 2016 12:46pm Apr 18, 2016 12:46pm
Quoting forexintradi
I am reading here some things about how fantastic is trading without SL that I am really scared if some newbies take it seriously because they are going to lose him and him next generations money! Come on guys, be serious!!! Trading without SL is highly risky and not recomended even for experienced traders...but you are giving a very, very bad advice to newbies, so rethink before saying such kind of stuff.

Well show them how good your trading is using a stop loss then go ahead.... show them that you've been making profits for a living with a SL then they will learn it from results. Justify yourself!
Otherwise they just might end up trading like you do, losing money for a living lol.
  • #403
  • Apr 18, 2016 1:16pm Apr 18, 2016 1:16pm
Quoting tradability
{quote} Well show them how good your trading is using a stop loss then go ahead.... show them that you've been making profits for a living with a SL then they will learn it from results. Justify yourself! Otherwise they just might end up trading like you do, losing money for a living lol.
Remember I was done with you, your non sense posts and your lack of education and brain is to much for me. I just hope newbies can find the difference bettwen a ridiculous person like you and a serious trader like me or another very good traders here (some of them much better traders than me). Forget me please.
  • #404
  • Apr 18, 2016 1:35pm Apr 18, 2016 1:35pm
Quoting forexintradi
{quote} Remember I was done with you, your non sense posts and your lack of education and brain is to much for me. I just hope newbies can find the difference bettwen a ridiculous person like you and a serious trader like me or another very good traders here (some of them much better traders than me). Forget me please.

LOL @ good trader like you huh?

I trade for a living, I posted results (some live accounts with results check my explorer) yet a loser like yourself is still is too stupid to realise all you have shown is how to be a loser since you failed to show evidence of your brainless conclusions.
However I do use SL's sometimes and not saying to not use them all the time but more than 80% of the times I don't use them and my results speak for themselves, and this loser wanna be has nothing to show for. By the way sometimes instead of using SL's I hedge my way so where this loser places his stop loss I will place a trade opposing my initial prediction and sometimes in a larger size.
My conclusion is I adapt to the market since I neither control nor move the market all I can do is adapt to it and ensure that my accounts are always safe by any means possible and if that means sometimes place a SL then I do that and if it means to place a hedge position then I do that but I try to keep my trade size under control so if stupid people move the market drastically it does not hurt my accounts badly.

Ultimately if you use a SL or a hedge position or whichever way you go it's all about the MM which will determine if you are going to succeed.
  • #405
  • Apr 18, 2016 3:48pm Apr 18, 2016 3:48pm
Quoting tradability
{quote} LOL @ good trader like you huh? I trade for a living, I posted results (some live accounts with results check my explorer) yet a loser like yourself is still is too stupid to realise all you have shown is how to be a loser since you failed to show evidence of your brainless conclusions. However I do use SL's sometimes and not saying to not use them all the time but more than 80% of the times I don't use them and my results speak for themselves, and this loser wanna be has nothing to show for. By the way sometimes instead of using SL's I...
Look, it is so easy to me and any trader who has been here for a while to identify a fraude like you, so take your B.S. and lack of sense and education to another forum, because here nobody is paying attention to your stupid posts...so please, let us get rid of you for good, and at same time make yourself a big favor, donīt embarrass yourself any more, you look pathetic.
  • #406
  • Apr 18, 2016 3:56pm Apr 18, 2016 3:56pm
Quoting forexintradi
{quote} Look, it is so easy to me and any trader who has been here for a while to identify a fraude like you, so take your B.S. and lack of sense and education to another forum, because here nobody is paying attention to your stupid posts...so please, let us get rid of you for good, and at same time make yourself a big favor, dont embarrass yourself any more, you look pathetic.
Your stupidity is beyond comprehension and that's the first time a fool called a a fraud which shows hows stupid you are. I'm not selling anything. I make money trading which is shown precisely how I describe it where as a fool like you throws B.S everywhere and doesn't back it up. You're a typical internet troll.
You don't show anything worthwhile because simply you haven't got it. You're a full time loser pretending to know it all so go back to your cockroach home and cry. I have seen your kind in school in those low classes just a waste of space and resource and in life just the same and you pretend that I am like you a waste of space.
You do have a choice to iggy me lol
  • #407
  • Apr 18, 2016 3:59pm Apr 18, 2016 3:59pm
Quoting tradability
{quote} Your stupidity is beyond comprehension and that's the first time a fool called a a fraud which shows hows stupid you are. I'm not selling anything. I make money trading which is shown precisely how I describe it where as a fool like you throws B.S everywhere and doesn't back it up. You're a typical internet troll. You don't show anything worthwhile because simply you haven't got it. You're a full time loser pretending to know it all so go back to your cockroach home and cry. I have seen your kind in school in those low classes just a waste...
Again, my last post to you low class bullshitter...your posts describe yourself, you donīt need to make bigger efforts to embarrass yourself...good luck playboy!!!
  • #408
  • Apr 18, 2016 4:01pm Apr 18, 2016 4:01pm
Quoting forexintradi
{quote} Again, my last post to you low class bullshitter...your posts describe yourself, you dont need to make bigger efforts to embarrass yourself...good luck playboy!!!
Yes my trades describe myself you low life ... a successful trader is what I am and you are? Your pic says it low!
  • #409
  • Apr 18, 2016 6:37pm Apr 18, 2016 6:37pm
Quoting forexintradi
I am reading here some things about how fantastic is trading without SL that I am really scared if some newbies take it seriously because they are going to lose him and him next generations money! Come on guys, be serious!!! Trading without SL is highly risky and not recomended even for experienced traders...but you are giving a very, very bad advice to newbies, so rethink before saying such kind of stuff.

Inserted Video
  • #410
  • Apr 18, 2016 7:01pm Apr 18, 2016 7:01pm
Quoting bustech
{quote} https://www.youtube.com/watch?v=r_XRet7J7wY
He has his oppinion, I have mine. I trade Price Action, that means I dont predict, and if I have to change my position when price go against me, I just do it...so I can make profit either way. In order to do that I MUST set STOP LOSS for sure.

Traders using traditional systems based on predictions (by technical analysis or fundamentals) and using all kind of tools, indicators, oscilators, etc...could tend to avoid SL because they believe they can predict what prices will do in future, and then their posisitions are set on stone....(huge mistake).

Be careful with gurus, broker courses, and so on... because they are the reason 95% of traders lose money. I dont use any of this stuff these guys sell and I am on the side of 5%, but if you are also in this side, dont change anything, just keep doing what you are doing...like me.
  • #411
  • Apr 18, 2016 7:12pm Apr 18, 2016 7:12pm
Quoting forexintradi
{quote} He has his oppinion, I have mine. I trade Price Action, that means I dont predict, and if I have to change my position when price go against me, I just do it...so I can make profit either way. In order to do that I MUST set STOP LOSS for sure. Traders using traditional systems based on predictions (by technical analysis or fundamentals) and using all kind of tools, indicators, oscilators, etc...could tend to avoid SL because they believe they can predict what prices will do in future, and then their posisitions are set on stone....(huge...
Agree stick with we do each day and know what work's for us.
Not going to post any more on these forums.
Guess it's not right to try press what I do on other people.
Also you can waste so much time on the forums and it can cost you money for the time wasted by not working.
Thanks and all the best
  • #412
  • Apr 18, 2016 7:33pm Apr 18, 2016 7:33pm
Quoting bustech
{quote} Agree stick with we do each day and know what work's for us. Not going to post any more on these forums. Guess it's not right to try press what I do on other people. Also you can waste so much time on the forums and it can cost you money for the time wasted. Thanks and all the best
Yes, after a while each of us own our personal strategy, and it is very difficult to explain why we do things one way or another, and since people dont know how our trading is day after day often times we (me) cant transmit what we really mean.
But my original comments were addressed to newbies and people that still is not decided about what path to chose and in my opinion you only can trade without SL when you are an experienced and profitable trader...and even for those there is a risk, you know sometimes occur unexpected events and specially if you trade intraday your pips are counted...If you are medium or long term trader it is more understandable, anyway once in a while tragedies happen...and I dont want to be part of the tragedy list.
By the way, I write here with the only purpose to help, eventhough I reconignize it is very, very difficult to transmit the ideas, and often times we enter in non sense arguments...but if even one newbie can learn something I write, that pay off to me. But I only write in my spare time, so I donīt lose anything doing it.
When I just started on forums, I basically learned what NOT TO DO, so this is why I sometimes say dont do this or do that, since teaching my strategy is no possible in a forum, it is easier to show the dangerous areas.
Good luck and the best to you too.
  • #413
  • Apr 27, 2016 10:45am Apr 27, 2016 10:45am
Quoting joldas
Hello, every one! i have a question that anyone trade without stop-losses, and successed? Trading without stop-loss can be done? has any opinion, plz comment here? thanks.

stop losses are a must but most traders don't use them correctly (myself included for a long time). I will go more into detail soon when I start my own thread.
  • #414
  • Apr 27, 2016 12:02pm Apr 27, 2016 12:02pm
Hello! (sorry my english btw)

Im new in the forum , and this is the perfect thread to make my first post , i have been trading for now 3 years (2 years since profitable) and i trade with a line graph strategy without stop loss .
Yes , its really possible , but i trade based on 30min and if after 2 hours the trade dont reach the target (20-40 pips) i close the trade no matter what , when i could start my own thread i will explain fully my method and you will undertsand better , but yes , its possible.
  • #415
  • Apr 28, 2016 7:44am Apr 28, 2016 7:44am
Quoting chartsndream
{quote} stop losses are a must but most traders don't use them correctly (myself included for a long time). I will go more into detail soon when I start my own thread.
You're right, stop losses can be very useful, but if they're implemented incorrectly, they become a hindrance and not an aid. For example, stop loss that is put too close can only end up closing your position just as the move you're waiting for begins.
  • #416
  • Apr 28, 2016 9:31am Apr 28, 2016 9:31am
Quoting dianajs
{quote} You're right, stop losses can be very useful, but if they're implemented incorrectly, they become a hindrance and not an aid. For example, stop loss that is put too close can only end up closing your position just as the move you're waiting for begins.
Exactly brother, I will create a thread soon titled the proven stop loss and should be beneficial to you. If you still need clarification reach out to me, I'll be more than happy to help you.
  • #417
  • Apr 28, 2016 9:11pm Apr 28, 2016 9:11pm
Trading using Sl when trading very profitable for traders because of the SL, the risk in forex trading is very high, for that we need to be able to minimize the risks properly so that it will benefit us
  • #418
  • May 1, 2016 8:22pm May 1, 2016 8:22pm
Hi!

This is my first post as well here. Without a SL means that the risk is not calculated. It may not be risky if the trading account is filled by only a portion of the total amount. In this case the broker's stop limit is the stop loss, And in case the account is wiped off, it can be refilled. Suppose you have 100.000$ and you want to risk 1%, you simply have to open a trading account with 1000$ and not bother about SL.

Maybe this is too simple and I missed something, but that sounds like a nice way to manage risk because the remaining 99.000$ are still at your bank.
  • #419
  • May 1, 2016 10:14pm May 1, 2016 10:14pm
On a 50:1 leverage, that $1000 would be the margin cost to enter a $5/pip trade. (basing this on the accounts I've had in the past - $20 in margin cost per .10/pip of value)

So, you would need $2000 in that account to trade that $5/pip trade. Without a stop loss, your trade would have 400 pips of "room" to move before the account is in trouble.

....I sure wouldn't have traded the JPY this past week like this...

Trading "traditionally" (IE - the way most brokers endorse and teach) I sure wouldn't trade without a stop loss.
"Holy Grail" exists - accepting where is the first step.
  • #420
  • May 1, 2016 11:16pm May 1, 2016 11:16pm
I'm not very good with the numbers but wouldn't it be the same than a SL at 400 pips on a 100000 account? The trade is lost anyway, right?

This is just a guess because I use SL and risk to calculate the lot size. I can't live without a stop loss.
0 traders viewing now