Trading without stop-losses -
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thread: Trading without stop-losses

  1. #701
    I never use quit loses. Never. I learned quite a while ago that as long as I use stops I lose cash. When trading with no stop loses make certain you trade with the trend rather than against it.

  2. #702
    I learned a long time ago to not use stop loses. You must have trade and a trend with the tendency not contrary to it. I do everything I am not suppose win and to achieve 99 percent of the time. One I had seven transactions available when the market closed on Fri. when the market opened every one was $500 to $700 in the red. But Tuesday they switched around and I added $3406.43 to my account. I use only take profits. 50 to 100 pips. I make my transactions set my take profits go about my company and check on these at a couple of hours. Been operating this way for years.

  3. #703
    How many accounts have you dismissed?

  4. #704
    Junior Member elkrest's Avatar
    11
    I am newbie in trading, and I really do not know what to consider it. My gut feeling tells us stop-losses but a lot of you guys saying the opposit. It is really confusing. :/
    Yes, you should always use stop loss. I am not going to argue with anybody who says they don't. It is a question of style. If you feel comfy and are effective without stop loss, good. Try this JsnSolomon. As you're new, look at using a stop loss as a safety mechanism. If you believe you don't need to use stops, then don't, as you get better.

  5. #705
    No money was made by me until I quit using stop losses. I read an article about stop loses and this man said that he never used stop loses. I chose to try it and since I have stopped using stop loses I have made cash. If you aren't going to utilize stop loses make sure that you know the direction the market is going. Never exchange against the trend. I never made a transaction until I check the Day chart, 1 hour chart and the 5 min charts and be sure they are pointing in precisely the same direction. I have experienced transactions go as far as $7000 in the crimson and come back and make me a nice profit. Let say the trend on the afternoon chart is moving down, and the trend on the hour chart shows it is going down check the chart and if it is going down make a transaction but be sure it is a market. It might hick up and go into the red but if the trend is moving down it is going to come back down and make you a profit. It may be nerve wracking at times but have patience.

  6. #706
    Junior Member Isacipk00's Avatar
    18
    I'm newbie in trading, and I really do not know what to think about it. My gut feeling tells me to us stop-losses but a lot of you guys saying the opposit. It's really confusing. :/
    This market can make you confuse more and more if you do not know how to handle or utilize stop loss, there's absolutely no way to dismiss the importance of this trading technique, just make sure how to utilize this approach in a proper manner. All the best

  7. #707
    Can you trade with no stop? No, you can not.

    Well, yes you can, but just until that one commerce that takes you from the game.

    Even if you'd deep pockets, then why do you stand idly by and just watch your cash drain off? You are either right or you're incorrect able. A stop preserves funds and another day you also get to fight.

    The only traders that doesn't need stops are individuals who get the leadership, momentum and time exactly right - each trade. I have never met .

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