Trading without stop loss is possible if you have that type of skills and strategy. Many people do hedging as a risk management policy instead of stop loss. Some do not use any of them. It is all about how much skilled you are. And what you are comfortable with. You have to find out your strength by yourself.
Dec 23 2020 at 17:36
SL is a risk management policy. It is better to trade with protection as we all know it is a risky market.
Dec 23 2020 at 19:32
This is a big no-no.
Dec 24 2020 at 01:49
It is impossible to follow risk management when trading without stop loss. If a trader trades without stop loss, he may face unexpected loss.
Averaging refers to counter-trend trading techniques and requires impeccable self-discipline from the trader and careful assessment of their risks.
Trading without a stop is possible when you follow the trade yourself constantly. And if you leave the term for a day or even a week, then it is better to put a stop loss on open trades.
Dec 31 2020 at 07:29
SL is one of the best tools that we as traders have. Why should anyone not use it? It’s one of the best exit strategies.
Trading without SL does nothing but blows your account.
I would not suggest to trade without stop loss as it can be very risky especially for the new beginners
There is huge possibility of losing your money very quickly. That's why some people are scared of investing in forex trading. Even after that everyday millions of people are trading. And it is not necessary that everyone should do trading. There are many other business one can do. And many people are doing great with other business.
