DislikedI don't use Stops, have been trading Forex since 2008 and have NEVER blown out my account. Major traders, hedge funds, banks and other high volume market participants don't use Stops either. The mark of an "amatuer" trader is one who uses Stops. Stops are weapons used by Forex deal desks to take traders out of trades. Some Forex brokers do what is called "stop hunting." The broker manipulates the bid-ask spread momentarily to clear out stops near key price levels. Have you ever had a stop close your trade out, only to see the price of the currency...Ignored
- Joined Apr 2014 | Status: Member | 719 Posts | Online Now
"Holy Grail" exists - accepting where is the first step.
- Joined Apr 2014 | Status: Member | 719 Posts | Online Now
"Holy Grail" exists - accepting where is the first step.
- Joined Oct 2013 | Status: Pushing beyond the 4th gear. | 1,886 Posts
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
- Joined Oct 2013 | Status: Pushing beyond the 4th gear. | 1,886 Posts
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.