thread: Trading without stop-losses

Hello, every one!

I have a question that anyone trade without stop-losses, and successed? Trading with no stop-loss could be carried out? Has some opinion, plz? thanks.

Yes I tried without SL. It is extremely risky. Suppose you have funds of $1500 you could try but keep the loss limit. By using no SL you can Stay in trade for period

Hello, every one!

I have a question that anybody trade without stop-losses, and successed? Trading with no stop-loss could be done? Has some opinion, plz? thanks.

I tried trading with no stop-loss earlier, won lost and big bigger, so today I enter with a sl and tp with each entry.

One more thing you are inclined to receive a lot of winners but big losses. Then you're gambling if those big losses are more than 10% or you do not have capital.

It is kind of opposite to normal risk reward scenario where your reward ought to be more than your risk, but that works out from how the high frequency of win will still make it profitable.

I dont use TP because I trade within 12 hours and monitior closely I use a VERY LARGE SL. . I guess to me what happens to your account when 911 occurs. . Or if a tsunami hits japan... Yeh these things occur once every 5 years BUT you dont need to spend 2 years building a 10k account into a 200k account and have it blown out to get a measly 500 dollars...

Yes I Attempted without SL. It is risky. Suppose you have funds of $1500 you can try but maintain the reduction limit. By using no SL you can remain in exchange for longer period

why do you wish to remain in the trade more? So it can come back? IT obvoiusly didnt move in the way you wanted (because you're losing) So really, you have no idea if it is going to come back, you're just hoping...

The moment the chart starts doing things I didn't expect I pull out- up OR down.

I don't think with no stoploss is equivalent to gaming as we've got a stop in mind, not putting a stoploss may mean to help us prevent spikes in the market. Money management is.

I don't believe with no stoploss is equivalent to gaming, so long as we've got a stop in mind

In mind, on paper, attached to a trade....what difference so long as it is a defined risk? How can you work out a trade size without understanding your initial risk?




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I don't think with no stoploss is equivalent to gaming, so long as we have a stop in your mind, not placing a stoploss can mean to help us prevent spikes from the market. Money management is the significant part I guess.

Even having a stop in your mind couldn't keep you from losing against this 1,000 pip monster proceed - just how is that not gaming?

I usually find that the stop loss for new traders, as yourself with 9 articles, once the pain of losing just 1 more dollar is much higher than the pain of declaring your position is wrong, you will exit!

All this talk about SLs believed I would provide you all something to read and think about.... Http://www.myforexdot.org.uk/stop-losses.html
You may also need to see some of those other amazing things David has written on that site....lots of good things there.

It has been all hashed out before.... Click the link in my signature.

Lt;If you daregt; mmmwhahahaha.