thread: Trading without stop-losses

On a 50:1 leverage, that $1000 would be the margin cost to put in a $5/pip trade. (basing that on the accounts I've had previously - $20 in margin cost per .10/pip of value)

So, you would need $2000 in that account to trade which $5/pip trade. Without a stop loss, your commerce would have 400 pips of room to proceed before your account is in issue.

...I sure would not have exchanged the JPY this past week like this...

Trading traditionally (IE - the way most brokers endorse and instruct ) I sure would not trade without a stop loss.

I am not very good with the numbers but wouldn't it be exactly the same than a SL in 400 pips on a 100000 account? The trade is lost anyway, right?

This is only a guess because I use SL and risk to calculate the lot dimensions. I can not live with no stop loss.

I'm not very good with all the numbers but wouldn't it be the same compared to a SL at 400 pips on a 100000 account? The transaction is lost anyhow, right? This is only a guess because I utilize SL and risk to calculate the lot dimensions. I can not live with no stop loss.

You are working pretty straight with numbers here. . .not the idea to make certain to know'em as well as possible. .

quote You are working pretty straight with numbers here. . .not the worst idea to make certain to know'em too as you can. .

This is why I never talk in pip

The more you learn the less you utilize Stoploss, also it gets smaller with time. Stoploss is an account killer. Your Balance decreases and is getting harder and harder to go Breakeven if you don't know how to exchange you set a SL to save you from dropping. If you understand the Basics you will work out the techniques to conserve your account, if you don't you have lost and wind up searching the forums for alternative.
Cheers

The more you know the less you utilize Stoploss, or it gets smaller with time. Stoploss is an account killer. Your worth just reduces and is becoming harder and harder to go Breakeven if you dont understand how to exchange you set a SL to save you from dropping. If you learn the Basics you will work out the ways to save your account, if you dont you've lost already and find yourself looking for the forums for solution. Cheers

Those who trade without a SL do this since their time sucks. They continually get stopped out blame the SL. There is a SL a must, although trades must have space to breath.

The more you know the less you use Stoploss, or it becomes smaller with time. Stoploss is an account killer. Your Balance reduces and is becoming harder and harder to go Breakeven if you dont know the way to trade you put a SL to help save you from dropping. Should you learn the Basics you may figure out the techniques to save your account, if you dont you've lost and find yourself looking for the forums for alternative. Cheers

Stoploss is a MUST use

I concur regarding using stop loss with Article 425.

quote Stoploss is a MUST use

Trade is important since it is going to make a stop reduction we could minimize the risks well, because we have to use a stop loss well and we will need to be able to utilize stop loss

Amazing how we could get more than 20 pages of newbies dispersing the principle of using stop losses. Hard stop losses are necessary if high leverage is used. If you dont grow beyond what is taught you will never succeed in this organization. There's no one method to trade successfully, however when 95% of newbies religiously regurgitate the same thing then that will tell you something.