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Posts by forex_trader_42840
Trading without Stoploss, can send you packing
in
Experienced Traders
Aug 15, 2011 at 06:48
Hello people,Thanks for a great post. I am a relative new trader but have modelled my trading on a very sucessful moderator and good friend (part of an educational forum I am a member of). I generally do not trade with mechanical stops, and generally do reasonable well. Note however that does not mean I do not have a definitive exit strategy. Even though I primarily scalp and am willing to let my positions run, I will hold a trade if I believe the initial premise of why I entered the trade holds true (and coincides with the market longer term tend). I also do monitor my positions.Note how...
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