thread: Trading without stop-losses

I tried trading for while I would make a profit then blow it recommend it Id Mention that you need sl in Order Instant my sl is 10 pips

Do trading take a big risk, since for trader which have a time to see the price movement. I suggest better u use stop loss when u do Currency Market trading.

The issue with a thread or forum in this way is it is open to anyone commenting and creating conclusions, remembering that 98% of traders lose suggests that 98% of things said are not correct.
What's required is proof which justifies one's decision not just anyone saying any crap. This may eliminate what does not work.
This way at least one sees how well one's decision is based on and just how well it works in a live market for a very long time period.

I attempted trading with no sl for while I would earn a profit then blow it all in 1 commerce I wouldnt recommend it Id say you definitely need sl so at the moment my sl is 10 pips

That is what will happen if you are trading without stop loss. It is an essential risk management tools that almost every trader need (except in the event that you're know where to cut your losses which is good).

I think do Currency Market trading with no stop lose is so risk, since prevent lose is put by trader since they conduct analysis and forecast the price movement, therefore if u didnt use SL I believe it so risk. But its back to the trader about what will they perform at their Currency Market trading.

SL is a superb tool when you are learning, Id say it's essential actually. But as you gain experience and create comprehension and your own personality, you might find that SL is a big part of why you are losing.

Hi,
According to me, I would love to keep a stop loss in case the conditions prevailing in the market are uncertain and volatile. When I was trading this month, on trades I had kept a Target profit along with STOP LOSS. The stop loss helps us avoid major losses that can potentially occur during the tumultuous market conditions. Its is a risk management tool during the rout in equities markets or commodities market or Foreign Exchange market.

Be safe and put SL in case trading during volatility or when you aren't certain about the trend of the specific market.

Hi all,

in my opinion, one should always use a stop loss while trading. It prevents one from confronting the immense losses the market is volatile, if you havnt placed a stop loss you can endure losses.

quote to trade without a stop loss means u enter trades without truelly taking a defined risk...5% of individuals make money in trading, without even using stop loss this % would reduce to practically zero why create a job tougher when it almost impossible

Makes a lot of sense

quote Makes a lot of sense

Is that true? Can you show us how you are currently earning money by putting a stop loss then? Can we see that a track record of more than 2 years?