I will never use a stop loss, as I wait my account to get blown | Forex Factory

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I will never use a stop loss, as I wait my account to get blown

  • #1
  • First Post: Feb 6, 2017 4:18am Feb 6, 2017 4:18am
Hi everybody!
I am a new forex trader and I will take a gambler approach which consists in the following rule:
Never close the position, wait for the account to get blown up!
I share all my data with you and we can see together how much I will last
Is forex rocketscience? Yes it is.
  • #2
  • Feb 6, 2017 12:46pm Feb 6, 2017 12:46pm
Quoting on64
Hi everybody! I am a new forex trader and I will take a gambler approach which consists in the following rule: Never close the position, wait for the account to get blown up! I share all my data with you and we can see together how much I will last
first correct decision now 2nd is to money management(use less exposure)
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #3
  • Feb 6, 2017 12:52pm Feb 6, 2017 12:52pm
Hi OP,

Care to share your entry and take profit strategy? Thanks!
  • #4
  • Feb 6, 2017 1:01pm Feb 6, 2017 1:01pm
Quoting fasttrade1
{quote} first correct decision now 2nd is to money management(use less exposure)
I'm going to use 0.01 per position and hold it until my account get's blown if necessary, I will have 1 position open only



Quoting jimsnz
Hi OP, Care to share your entry and take profit strategy? Thanks!
I only use price action
Oh, my plan is to take profit when my investment doubles
Is forex rocketscience? Yes it is.
  • #5
  • Last Post: Jun 4, 2017 3:35pm Jun 4, 2017 3:35pm
Wow a one day thread. This sure was short lived. LOL to funny!
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