Some just dont get what you are saying
Your tag line in your post suggests to me fairly clearly that you just get what I am saying. Kudos for you.
Hope for the best, prepare for the worst - that is exactly right IMO and precisely what I do mean.
Yes. The largest traders on the market trade with no stop loss. It's possible and I prefer to trade with no stop loss.
I've begun a scalping strategy in the last 3 weeks using no stop losses. It is used by me as a means to force myself to stick for entering and exiting trades. I am currently in a commerce win rate over the 3 weeks with account size having net increase of 6 percent. But because I have been using this strategy for 3 weeks, I need a lot more transactions than 100 to prove that what I am doing is working and not just some dumb luck or underlying fundamentals of the market that is making me win. Trading with maximum of 1:5 leverage also helps as I will wait a lot more to get a change in the direction of my TP.
Well no one knows. But stop losses are always recommended. You wouldn't want your loss to have no limitations.
Sure that you can, I can even guarantee 100 percent you won't lose. Take for example EUR/USD. Lets presume it will not fall below 1.000 to get 100 percent and will go up in future. Currently it's about 1266 pips to achieve that critical level. Should you trade 1 lot with 1:500 leverage at which pip cost is 10$ you need to have just around 13K SO level (30% from 13K is 4K). So 17K in total and theoretically trading won't be lost by you without SL's
You are absolutely right... it's all in the currency management in reality you're able to divide the 1 lot traded into 5 components of 0.2 lots each and you are very secure but that's easier said than done since most traders won't comply with a solid MM plan!