評価: Full Star Full Star Full Star Full Star Full Star
Trading without Stoploss, can send you packing
前へ 1 2 3 4
hwlm

会員 Jun 25, 2010  59 件の投稿 Max (hwlm) Nov 13 2010 at 11:43

WorldTrader posted:
    hwlm posted:
    No we are not. But I urge you to give it a try before passing judgement. But if you are consistently making money for months or years, then it has little use for you :)

  It can only work when u are trading like with 1million dollars or euros, then u are using only 10 lots, u may not bother to use stoploss


It works with any amount. But you're missing the point. Not using stop loss is not the strategy. The strategy is here.

https://www.forexfactory.com/showthread.php?t=57639


SniperNCE

会員 Jul 29, 2010  13 件の投稿 SniperNCE Nov 14 2010 at 01:02
Usually you have to use Stop Losses except you hedge your positions. If you don't set it in the system you has to close the orders manually your loss taget was hit. Else your account get burned sooner or later.

I set stop losses in my system which are far away like 30-100 pips, but when I see than my position does not this what I like to see, I close it earlier manually. Once my position goes in profit for more than x pips I set my SL to break even or lock in some profit.

I'm a scalp trader.

ForexScan

会員 Oct 28, 2010  2 件の投稿 ForexScan Nov 14 2010 at 04:18
I learnd from a pro how to trade without stop loss, I have to say yes u can be sucessfull trader trading without stop loss with good money managment allready its been mentioned in prevouse postes how to do that. If u still want to take more risk then learn to do hedging if your initial trade is wrong your hedging trade will make money wait till market turn around and close your hedging with profit and now u will start making money with your initial trade now your overall profit will be the gap between the hedging trade and initial trade close u can close the initial trade with negative and still make profit.

If u prefer hedging make sure to do when u have over 50% equity dont wait till last minuite. I know if brokers read this thread they will not like traders trading without stop loss I am taking my time to write this becouse I lost lot of my money for the stoploss I know how it feels when u keep on losing money.

hwlm

会員 Jun 25, 2010  59 件の投稿 Max (hwlm) Nov 14 2010 at 06:32
I don't do hedging because it's just confusing. If you believe that your initial position is with the major trend, then you should stick with it because sooner or later, price will do a quick snap back towards the direction of the major trend. however, I have also experienced cases where price can go against you for some time even though your trade is with the major trend.

What I do is averaging my trade. For example, if I am caught in a change of major trend, and price is going against me without an opportunity to reverse, I will wait for an opportunity (at possible retracement points) to open a new contract that is 3-5x the size of the initial contract. I will wait for the price to perform the retracement I was expecting, and get out at BE.


eg. Long EURO. Down by 40pips. Enter 3-5x contract, wait for minor retracement (upwards) to take place. Get out with BE.

WorldTrader

会員 Nov 09, 2010  54 件の投稿 WorldTrader Nov 15 2010 at 14:21 (Nov 15 2010 at 14:49に編集 )
ForexScan posted:
    I learnd from a pro how to trade without stop loss, I have to say yes u can be sucessfull trader trading without stop loss with good money managment allready its been mentioned in prevouse postes how to do that. If u still want to take more risk then learn to do hedging if your initial trade is wrong your hedging trade will make money wait till market turn around and close your hedging with profit and now u will start making money with your initial trade now your overall profit will be the gap between the hedging trade and initial trade close u can close the initial trade with negative and still make profit.

If u prefer hedging make sure to do when u have over 50% equity dont wait till last minuite. I know if brokers read this thread they will not like traders trading without stop loss I am taking my time to write this becouse I lost lot of my money for the stoploss I know how it feels when u keep on losing money.

That is what u get when u trade under a broker that is stoploss hunter

Slow But Steady
Saintsurfer

会員 Jan 19, 2010  8 件の投稿 Saintsurfer Nov 30 2010 at 18:32

I don`t use stops. because I trade long term and as long the trend has not changed it is all about money monagement. But for shorter term I do use them. Or if I take additional risk(trading long term) than my account allows I would move my SL to BE for the exstra positions and it is ok to risk more then.

Moderation, naturality and simplicity are the best advisers
Patience

会員 Oct 18, 2009  230 件の投稿 Patience Dec 12 2010 at 12:59
Interesting to see more people admitting to not using stop losses than people who do use them. It's such a taboo subject in some circles. I don't use stops but I trade low leverage most of the time.

ghanima

会員 Dec 13, 2010  9 件の投稿 ghanima Dec 13 2010 at 13:23

hwlm posted:
    I don't do hedging because it's just confusing. If you believe that your initial position is with the major trend, then you should stick with it because sooner or later, price will do a quick snap back towards the direction of the major trend. however, I have also experienced cases where price can go against you for some time even though your trade is with the major trend.

What I do is averaghing my trade. For example, if I am caught in a change of major trend, and price is going against me without an opportunity to reverse, I will wait for an opportunity (at possible retracement points) to open a new contract that is 3-5x the size of the initial contract. I will wait for the price to perform the retracement I was expecting, and get out at BE.


eg. Long EURO. Down by 40pips. Enter 3-5x contract, wait for minor retracement (upwards) to take place. Get out with BE.


I only lost money doing that, before or after you find yourself with a huge position that doesn't stop going against you, and adieu. hedging, absolutely. it's a wonderful tool.

hwlm

会員 Jun 25, 2010  59 件の投稿 Max (hwlm) Dec 13 2010 at 13:25
Yeah i lost money doing that too. But it was not because of the method. it was human emotions that caused me to lose.

The method works only upon finding your own style

stevetrade

会員 Oct 28, 2009  1408 件の投稿 Steve B (stevetrade) Dec 13 2010 at 13:39
The whole concept of a stop loss is a method to take emotion out of the equation. If you have decided in advance what loss you are willing to accept then I don't see a problem with putting a stick in the ground on the system.

That way last second nerves can't get in the way of the decision. 'Oh, I'll just wait a second it will come back' turns into 'This is a long term position, I know the trend will reverse', turns into 'Any spare change mate, I need a coffee'.

If you are trading with a broker that is hitting your stop losses then change broker. Seriously, nobody should be using a dodgy broker anymore there is plenty of information out there to point you in the direction of honest MT4 brokers.

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
前へ 1 2 3 4
Loading
Loading
EURUSD 1.19606 GBPUSD 1.33021
USDJPY 104.093 USDCAD 1.29894

ツール

コミュニティ

レビュー

ブローカー

プラットフォーム

サポート


Twitter |  Facebook |  サイトマップ  |  利用規約  |   プライバシーポリシー
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.