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Trading without stop loss
Členom od Apr 09, 2019
516 príspevkov
Nov 11, 2021 at 11:43
Členom od Apr 09, 2019
516 príspevkov
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.
Členom od Jan 22, 2021
126 príspevkov
Nov 11, 2021 at 11:59
Členom od Jan 22, 2021
126 príspevkov
TraderIvana posted:
Forex trading is not about capital gains but rather about capital preservation and that's why stop loss is of huge importance while trading.
Well said buddy! Trader can never think of trading without SL.
Členom od Oct 29, 2021
69 príspevkov
Nov 15, 2021 at 07:49
Členom od Oct 29, 2021
69 príspevkov
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.
Členom od Aug 05, 2021
394 príspevkov
Nov 16, 2021 at 15:03
Členom od Aug 05, 2021
394 príspevkov
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.
Členom od Feb 12, 2019
104 príspevkov
Nov 18, 2021 at 11:41
Členom od Feb 12, 2019
104 príspevkov
I can't believe anyone would do this !! Even use a wude SL but none unless your hedging is trading insanity
Členom od Sep 16, 2020
11 príspevkov
Dec 04, 2021 at 19:59
Členom od Sep 16, 2020
11 príspevkov
Guess that stop loss is the main thing in trading activity. Lots of traders neglect trading with stop loss because they think that they know when to stop, nevertheless, according to the statistics, the vast majority of traders doesn't know when to stop. They just blow their accounts, especially when they trad with leverages.
In my opinion, it's strictly prohibited to trade without stop loss and I don't talk only about novices, it concerns professionals as well.
In my opinion, it's strictly prohibited to trade without stop loss and I don't talk only about novices, it concerns professionals as well.

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