thread: Trading without stop-losses

quote OK I understand you are not going to like what I'm about to state and no offence to you personally BUT your broker whether or not a market maker or not is in existence to generate money for himself and his liquidity suppliers and not in 1 way in any and many ways including spreads, slippage and taking you out of a trade which he keeps 100% of their profit so when you say only market manufacturers do this really shows your lack of knowledge of a broker or should I say the two broker and liquidity provider. If a broker doesn't make money he doesn't survive. I.. .

Re slippage - each trader must ask themselves regarding their broker - have I ever had favorable slippage? I frequently get.1 to 2 pips favorable slippage on opening and on my own profit targets. About one year ago I even had a very long limit set in 7633 and because of a news spike (which I probably had not planned my limit nicely for) it was shut at 7689, a massive 56 pips favorable slippage!

Slippage and risk management also beg the question when folks discuss stop losses - do you utilize guaranteed stop losses? In my opinion if you want to use a stop loss there's not a lot of point (black swan events etc) unless it's guaranteed (only costs a couple of extra pips). Personally I trade mostly with no stop loss but trade mostly short A/U (the management price would Probably go if there's some catastrophic event eg GFC)

Just a future month contract. Http://www.eurexchange.com/exchange-...-Futures/17206 Just used Infinity and FP in the last 4 or 5 decades. Http://fpcdn.firstprudentialm.netdna...ide.pdf?bd658e http://www.infinityfutures.com/docum...exdaxflyer.pdf Sorry should be 12.50

Sorry my mistake I meant that offers FDAX on MT4... I haven't seen that yet. I used to exchange the big ones long past such as Russell2000, SP500, FTSE etc so much prices involved and back then MT4's didn't have these as CFD's so one needed to take with the leverage available on offer.
I just recently got asked if my system would operate on the stocks but haven't given it a thought because of their time restraints of performance which is for a couple of hours a day and running costs.

quote Re slippage - every trader should ask themselves regarding their broker - have I ever had positive slippage? I frequently get.1 to 2 pips positive slippage on launching and on my profit targets. About a year ago I had a very long limit set in 7633 and due to a news spike (which I probably had not planned my limit nicely for) it was shut at 7689, a huge 56 pips positive slippage! Slippage and risk management beg the question when folks discuss stop losses - are stop losses that are guaranteed used by you? In my opinion if you want to use a stop loss...

I understand and totally agree and once I tried to explain this to someone on the forum however, the so called experts had no clue and were talking about brokers promise a SL in place, this made me laugh loud and clear!
When it comes to brokers not one single broker is fair. Simply put they are there to create the maximum profits they can and they don't exist to lose money period!
Actually I would like to share a trade I created on two brokers in the precise same moment entering and leaving just to create more profits from a single then the other. If my tech was good enough I shall endeavour to past it to demonstrate how two brokers can vary so much and both are scammers in their own way yet one is controlled.

quote OK I know you're not going to enjoy what I'm going to state and no offence to you personally BUT your broker if or not a market maker or not is in existence to generate money for himself and his liquidity providers and not in one way in any and most ways including spreads, slippage and taking you out of a trade that he keeps 100 percent of their profit so once you say just market manufacturers do this shows your lack of knowledge about a broker or should I say the two broker and liquidity supplier. If a broker does not earn money he does not survive. I.. .

I just have ONE question to you. My broker invest on its own traders, in reality it does it. Las month (March) the spent 600.000 Euros about the 22 finest traders, and they do it each month. Based on this, how do you explain why would they cheat on their investments?

quote I have just one issue to you. My broker invest on its own traders, on fact it does it. Las month (March) the spent 600.000 Euros about the 22 best traders, and they do it each month. How can you describe why would they cheat on their investments, According to that?

Let me guess that is Darwinex. . .lol right? You're readily redeemed... have you noticed the DD on some of those accounts they pretend to invest in?
Let me get right to the point since you seem too blind to see through them... HALF THE ACCOUNTS THEY INVESTED IN HAVE BEEN BLOWN. . .but let me guess your also????? To have seen that right?
They wanted me to come across like most of scammers they want to make money off anybody, YES even you and I. I will say this the last time since numerous here and on other forums are too stupid to comprehend. . .we as traders are on the exact same side, the brokers on the other hand are around the side of the fence. They earn money from you, me and the rest of the traders so I'm not your enemy, they are. Go blow up them for permitting so many traders shed a lot of peoples (investors) money BUT no you are too foolish to have studied this.

Brokers ring and ring and email all accounts holders if they don't hear from you if you did not trade an account for a while. . .why ? Because they want you to take money off them because they like the appearance of you or is it?

I'm on your side trader today get misplaced and bark at the ones that shed our money, I have not taken a penny of you or anybody else other than the brokers. Don't take me the wrong way but if you did as you neglected to bark at the wrong side that is your problem. There is not any such thing as a meal they brokers have a reason for present differently you would be trading with the banks!

Similar manner I trade but distinct market.

Inserted Video

For anyone seriously Considering trading without a SL I suggest you read this: Picture

trading without a SL is like sex without condom

quote Allow me to suppose that is Darwinex. . .lol right? You're easily gullible... have you noticed that the DD on some of those accounts that they feign to put money into? Allow me to get straight to the point because you seem too blind to see through them... HALF THE ACCOUNTS THEY INVESTED IN HAVE BEEN BLOWN. . .but allow me to guess your To have seen that right? They desired me to come across such as all scammers they want to create money off anyone, YES even you and I. I shall say the last time because so many here and on other forums are too dumb to comprehend. . .we...

I am going to describe you something to be apparent enough:Yes, it is Darwinex, it's not a secret, it's information that is public. And I'm one of the traders they've spent, and they provide me 20% comission on profit I do for following 6 months. My broker is not my friend, nor you. . .but they are putting money and why they are my enemy you are trying to describe? . . .allow me to hahaha You look just like you are finished with this company and therefore are so negative you desire all traders feel the pain. I'm sorry ¨my friend¨, but I am making money on my trading, and now I'm making money on invested money my broker place on me... Thus, because I'm not on your side, walk away, my side is your winners side, maybe yours. Bye

quote I will explain you something to be clear enough: Yes, it's Darwinex, it isn't a secret, it's public information. And I'm one of the traders they've invested on, plus they give me comission on profit I do for 6 months. My broker isn't my buddy, nor you. . .but they're currently putting money and why they are my enemy, you are attempting to explain? . . .allow me You seem just like you are finished on this business and therefore are so negative you desire all traders feel the same pain. I'm sorry my friend, but I am making money on...

I really like it when folks bullshit me... if you're making money that there is slight probability that you are non the less very slender chance, you would have shown it to attract investors. Everything you have done is lost big, lost more and then some more then made a little cash believing you're making money constantly. I am sure you are not making a living out of trading because you have so little comprehension of any broker or business functioning and judging by your fibo posts seems as if your mind went into fibo mode. I also am making money from a broker and I have seen his scam in my own account (reside and with my own indicators) BUT still I make money so that your stupidity lies with the fact that if you are successful does not mean they are not your enemy. You appear to believe all brokers are there to give away you and everybody money (lol fool ) which again shows that your lack of business sense. Sure some will make money and they'll make a very very small amount compared to what they make but you look t believe that is everybody will and even if you made any profits it's short term compared them always draining nearly all traders.
I think your making money. . .hmmm lets see you are currently showing at least 4 year record with withdrawals are not you and you exchange for a living ? Hence you troll the internet submitting remarks here and there between green pips but you don't have any red pips ? And I'll bet you are going to say I don't need to prove anything or anybody....lol that is the losers lineup, I'm waiting for it out of you.
LOL @ your side is the winner's side.... The broker consistently wins but very few traders acquire and that is normally short term short term compared them winning all of the time. . .and just taking a look at the crap you dish out IF you're about the winners side you would be a short term winner, VERY short time say 3 or 4 in most years.
But do prove me wrong because I am on the other hand the losers side, by how I'm audited annually that costs heaps of money a great deal more than you earn trading...I am sure you are too perfect? And one final thing Mr Winner, you were desperate for a 20k trading account from a broker shows you are a winner lol. . .by how are you that trader I saw on Darwinex with DD of 98.9%? Hmmmm lol oh that account the second? third?

quote I love it when folks bullshit me... if you're making money that there is slight chance that you are non the less very slim chance, you'd have shown it to attract investors. What you have done is missing large, lost more and then some more then made a little money believing you're making money consistently. I am quite sure you are not making a living out of trading because you have so little comprehension of any broker or company operation and judging by your own fibo posts sounds as if your brain went into fibo manner. I also am making money from...

Thanks for your posting, it describes perfectly and accurately that who you are, and how much you know about the company, regardless of your lack of admiration and instruction. This is my response to you, you dont deserve my or other traders moment, since you are bitter and a losser. . .nobody here would like you. . .Good bye and great luck (youll actually need it).