thread: Trading without stop-losses

quote By all means, please share, because more often than not I have very little idea what to do during news events.

I'm not here to educate you nor do I get paid to instruct others and you. With your expertise if you haven't figured out it it's ideal not to trade during news events. Your main concern should be that which should you do if you have open orders and news is about to be released not you should not trade news events, however a fantastic trader would have known that right.
Incidentally I see your posts on mfb all the time and you appear to have around posting anyplace not that there's anything wrong with it.

quote buying put and call options is just another strategy for such an occasion.

Very near but you forgot to mention exactly how to perform it.

CURRENCY PAIR COMBINATIONS THAT CAN TRADE IN ANY DIRECTION
The problem of trading with or without stop loss can be avoided by mixing complementary Forex pairs of the exact same currency.
Demo the following 1) AUD/CAD - long and AUD/NZD - brief 2) EUR/GBP - Extended and EUR/JPY - Short. See my account charts below and note the equator green and lines market price outlines. (From top to bottom: AUD/NZD, AUDC/AD, EUR/JPY, EUR/GBP)

quote Prove your personal charts for June 23rd, or ad your trade explorer if you truly understand what it is you are doing. This forum is for adults only.

From the manner fool you are able to see my LIVE trading accounts attached if you aren't blind you can see them all that comprises 23rd of June outcomes. I can tell you I don't have $175 in my accounts lol

quote By the way fool you can see my LIVE trading accounts connected if you are not blind you can see them all that includes 23rd of June outcomes. I can tell you I don't have $175 in my reside accounts lol

You understand your companies will fire you in the event that you show your face since you are stealing from them. Cheap Monk.

quote You understand your companies will fire you in the event that you show your face since you're stealing from them. Cheap Monk.

Like they did you really? Is that why you don't have any money to trade a live account?

quote Very close but you forgot to mention exactly how to do it.

Just like you shared with your precise strategy when asked by mlawson71 huh?

Because I am fine the general gist of it is to look at buying GBP/USD places with a right to market at approx 1.39 and calls with right to buy in approx 1.55 a day or so ahead of the vote. 'd have cost $60 and $111 to buy those options (sorry I can not recall which was which as I was just having a look and don't normally trade options). Call option would have expired worthless. Put option would have been worth many times what it was bought for when price has been below 1.33. Exact profits and if you held to expiry or sold in advance could vary, particularly depending on what date you picked for your options and what a number. Multiple bought you would lose your $171 if price did not move much. Prices given here were for options expiring about midnight on the 24th. Options with a longer expiry date ought to have cost a little bit more.

HELPFUL EXPLANATION OF CALL AND PUT OPTIONS FOR HEDGING

quote Much like you shared with Your Exact strategy when asked by mlawson71 huh? Because I'm nice the overall gist of this is to look at buying GBP/USD puts using a right to sell at approx 1.39 and calls right to buy at approx 1.55 per day or so before the vote. 'd have cost $60 and $111 to buy those choices (sorry I can not recall which was that as I was just having a look and don't normally trade options). Call option would have expired worthless. Put option would have been worth several times what it was purchased for when price was below...

dab,
Thanks for being nice enough to describe the call and put options hedging details.

FXCM DISCLAIMER ON DEMO ACCOUNTS

Demo Account: Even though demo accounts try to replicate real markets, they operate in a simulated market environment. As such, there are key differences that distinguish them from actual accounts; such as but not limited to, the absence of dependence on real-time market liquidity and the availability of some goods which may not be tradable on live accounts. The capacities when implementing orders in a demonstration environment may lead to atypically, expedited transactions; lack of rejected orders; or slippage's absence. There could be instances where margin needs differ from those of accounts as updates to demo accounts may not coincide with those of actual accounts.

How can this imply that demo accounts are totally unreliable? They serve as a part of the real market. Hence demo accounts are utilized for strategy testing. Most demo accounts agree with accounts on market management if they disagree about PaL's size. For most traders, the issue is trading in the ideal direction for the period.

FXCM DISCLAIMER ON DEMO ACCOUNTS Demo Account: Even though demo accounts try to replicate real markets, they operate in a simulated market environment. Therefore, there are key differences that distinguish them from real accounts; including but not restricted to, the lack of reliance on real-time market liquidity and the availability of some products that might not be tradable on live accounts. The operational capacities when implementing orders in a demonstration environment may lead to atypically, expedited trades; lack of rejected orders; or the...

That's what bad traders always say. Your lack of evidence of a true account exchanged for quite a long time and funds removed.
Liquidity providers do not need to take you from trades on demo's, they do not need to expand spreads on demo's, they do not need to reduce margins on news releases on demo's.
You have no clue what you're saying doing, such as the 98% of shedding traders. If/when you become a successful trader you may have opposing viewpoints BUT I'm certain that is not within reach for you.
But please do prove me wrong.