Tradextol
Участник с Jun 16, 2020
57 комментариев
Nov 09 2021 at 04:54
Trading without stop loss is like risking your trade. You will lose more than you expected. So to save your losses, it's important, or actually mandatory, to trade with a stop loss.
marindateal
Участник с Jun 14, 2021
53 комментариев
Nov 09 2021 at 05:26
Stop-loss is a term in trading that stipulates the price at which you will get out of your position if it starts to go against you. Every trader should know that this is necessary to cut losses.
Buzargas
Участник с May 14, 2019
28 комментариев
Nov 09 2021 at 14:49
Trading withpout stop loss is a very risky idea, especially when we speak about novices in trading activity. In my opinion, if you have just started your trading career, then you're obliged to use stop-loss. It saves you from huge losses and bad emotions. You prepare yourself for losses, shortly after you open a position. It can bring you various emotions, but it won't harm your nerve system as if you would lose all your money. If we speak about professional traders, then they can not use stop-loss, because they know how to weight risks and they're susceptible to high risks. So, anyway, you decide what you want to get from trading activity, experience and money, or just drive and emotions.
whitneytyler
Участник с Jun 07, 2021
72 комментариев
Nov 10 2021 at 04:25
Trading without a stop loss is a big no for me though there are traders who do trade without stop loss. However, they have more expertise and strategies. If you’re a newbie, do not trade without SL.
davemack
Участник с Feb 20, 2021
78 комментариев
Nov 10 2021 at 05:20
Traders do have a thought that profits get hampered when they put a 'stop loss', but actually that’s not the case. Stop loss helps in limiting your losses, and if you find that the market is going in your favor, you can modify your 'Stop loss' at any time. But remember greed can make you experience big losses, so it’s better to earn less at a time instead of losing everything in one time.
blancheklein
Участник с Feb 02, 2021
38 комментариев
Nov 11 2021 at 06:15
If you are new to forex trading and want to play safe, the first step is to control your greed. Any currency pair you choose to trade in, it is a must to put a stop-loss value depending on your entry price. Thus it reduces the potential risk on your investment by lowering the chances of loss to a minimum level.
CraigMcG2020
Участник с Jul 20, 2020
399 комментариев
Nov 11 2021 at 07:53
Stop losses are essential. They give you clarity on whether your strategy is working and also stop blow outs. Every single trader will be wrong at some point and you want to be wrong small not big. No stop loss could wipe out days or weeks worth of profit
Seb King
(sebking1986)
Участник с Apr 09, 2019
538 комментариев
Nov 11 2021 at 11:43
I don't think trading without a stop loss has got anything to do with skill. It's kamikaze risk management and wouldn't fly on any trading floor or in any fund so why is it acceptable for your own personal account? As the poster above me rightly says, this is a game of capital preservation first and foremost. We all lose trades and it's about ensuring those losses don't wipe out your gains. Yes you can hedge but how often does that go well?
If you can't spot the liquidity then you are the liquidity.
Chelsea Blacks
(blackChelsea)
Участник с Jan 22, 2021
125 комментариев
Nov 11 2021 at 11:59
TraderIvana posted:Well said buddy! Trader can never think of trading without SL.
Forex trading is not about capital gains but rather about capital preservation and that's why stop loss is of huge importance while trading.
miguelcaron
Участник с Oct 29, 2021
70 комментариев
Nov 15 2021 at 07:49
Without a stop-loss, there is no way to protect your trading account. You will lose your money sooner or later if you don't use stop loss while trading. It is a necessary tool for a successful forex trading career.
HeavenLeighGill
(HeavLeighGill26)
Участник с Aug 05, 2021
401 комментариев
Nov 16 2021 at 15:03
My anxiety would never allow me to trade with no SL, not that I would want to. I'd much rather be safe than to take big risks and lose it all.
Jungle78
Участник с Feb 12, 2019
105 комментариев
Nov 18 2021 at 11:41
I can't believe anyone would do this !! Even use a wude SL but none unless your hedging is trading insanity
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