quote Can you drive a car without applying breaks? Its impossible! Trading with no stoploss is risky and highly unprofessional. If you've been trading Foreign Exchange for a while, you would remember the CHF issue that occured and the way that there was a significant spike of over 2,000 pips over minutes. Those on the wrong side of this tendency and with no stoploss would certainly have their accounts wiped off. Irrespective of your strategy, what exactly makes you profitable on the long-term trading Foreign Exchange is the money management skill of which stoploss in...