I am a Trend trader and most time(90%) I exchange without stop loss coz I always understand my entrance.
I never get stopped outside.
My maximum stay on the market dont move up to 4 minutes.
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I am a Trend trader and most time(90%) I exchange without stop loss coz I always understand my entrance.
I never get stopped outside.
My maximum stay on the market dont move up to 4 minutes.
I really don't put stop loss in most of my bots until I learnt I was trading the manner As soon as I began programming on MQLanguage.
Trading on no margin or minus margin than do not require stoploss, because trading minus margin theoritically will never margin call
I mean no margin leverage.quote trading on no margin or without margin than do not require stoploss, because trading without margin theoritically will not margin call
Fine! congrets! . . I dont know how long you're in this business.today or tommorow you may....must know this/that is not trade/business...4/5 stay. . .catch and operate it is enjoyable. .game . .touch and go. . .like short intercourse!! . .we are all play/played one point but in the _6_EXTENSION burn butt most of us read our chart/stg/system again and again CHANGE TO HTF then you are going to enjoy da run/ride sense da long intercourse!! . .real gem of gambling. . .IMHO
I seldom used a stop loss, but following January I started to get it off and on (though fortunately I was on the ideal side of the move). About two months ago a car hit a transformer in my area and the power loss ruined my computer's internal clockjacked my Windows applications, and killed my meta trader software. Meta trader was clearly open and even after I fixed the clock and Windows, it might flash open and then shut. I reloaded it several times, but finally had to delete its files, then delete it, before I finally got it working again then reinstall it as a program. It took me 3 hours!!!! Now, stop losses are automatic.
Now, fortunately, I have other computers with battery backups, so the fear wasn't overly severe, but it was like a wake-up call. An individual can never know what's going to occur.
For me, I use semaphores and merely place a catastrophic stop loss in the last low. Not a big deal, and not one have been hit up to now. My system has never hit on a stop loss, imagined or real, and seldom loses a trade anyway. It is intended to exit before a stop loss would be hit. . .unless it's beyond my control.
However, I do recall reading about a strategy where you move a stop loss to the lowest/highest value of the prior 3 candles and let the market take you out to your profit. Consequently, if there is a stop loss used as a take profit tool, that is a completely different thing.
Lessons from actual life. Your choice??
I have been trading this for two decades, and no loss since 6 months.This is not just a Scalping strategy.I commerce based on Manual Intelligence. I just exit using Scalp.I commerce up to 20-30 trades per day.
Hello to you all!
Trading with no stop-loss is obviously possible, I've practiced that myself quite often. For this purpose, I choose some broker that provides scalping and require a little profit each time I can. So scalping is not bad trading strategy, I believe it's quite suppressed by lots of traders. It is implemented by me. If you do that, you do not need any stop-loss, simply watch your own trend.
Yes what you're saying is right and very much possible.
But the main thing is you will need to take part in a ECN Forex broker for performing this
Should be fair, I didn't understand your answer to total extent. For me it is important to trade with a quality broker that provides MT4 platform for automated trading.quote Yes what you are saying is correct and very much possible. Nevertheless, the major issue is you will have to take part at a ECN Forex broker to do so
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