thread: Trading without stop-losses

Was just hanging out over the weekend with one of my friends. And again we spoke about the importance of placing stop on every transaction we take. It is also important to understand setting stop not just protect you from the changes happen in the market, but also keep you in check from titling.

Yes, stop loss is necessary, especially while trading equity and commodity markets. In forex most of the time stop-loss get triggered and I use if I take trade against the trend, stop loss. However there isn't any robust rule for that and stoploss never ensured by broker and can not protect ourselves from market debacle such as Usd/chf (recent) crash. As when there's 3000 pips drop and price open and close we can not guarantee our loss.

But stoploss is vital.

Yes, prevent reduction is essential, especially while trading equity and commodity markets. In Foreign Exchange most of the time stop-loss get triggered and I use if I take trade against the trend, stop loss. However there is no robust rule for this and stoploss never guaranteed by broker and can't shield ourselves from market debacle like Usd/chf (recent) crash. As when there is 3000 pips drop and price open and shut we can't guarantee our reduction. But still stoploss is important.

In putting a stop loss must be accurate in order to not waste - it bro. And we could do a demo account to make the most of learning materials with ability and capacity to the trading, traders in the market mainly have to have powerful mental and science have maximum the profits can be achieved its

I stress on this -- if it is used, stop reduction is a necessary and useful also. If you do not use it correctly you're going to wind up losing as much cash as you would with no stop loss.

With no sl or with, here are my questions must be answer by yourself.Would you drive a vehicle? Would you be in a position to forecast the market correctly therefore every trade could be ended up dropping without a have to have SL? Would you have the ability to expect any news event or swan event in the FX market at ALL time? Would you like to preserve your account WITHOUT the risk management by placing correct SL and fixed risk on each trade? Would you like to trade your account WITHOUT understanding you really gonna lose on another or current position?

Would you make up scenarios that are silly to spread FUD?

Would you not take out a% of profits out of the account frequently, to easily seed the account , if (when?) margin called?

Would you not exchange smaller transaction sizes so you can manage a move of 400-700 pips against you?

Would you not understand how to hedge a situation and balance it out against a massive position sitting in profit?

Could you not actually understand how to TRADE with no stop loss before actually stating whether you need to take action or not?

Hi Guys, I am very new here, and to trading. I have not had time to read all posts, so apologies if I have repeated any one.
I'm still attempting to learn forex, and so far have lost any money I deposited, I have tried with without prevent losses. For placing my stop loss, I have found a system. I have learnt the stop loss is important. If I had a account and might ride out the tradeifs likely not important for you, but using a small account, its easy. Its happened a few times I was convinced it would come great, and it did, before it happened, I simply run out of funds. I have made a deposit to keep the account open, and it made even worse and lost too.
My new approach is to do the opposite of what I think I need to, if my plan works, I will be a millionaire this time !

Do you know the best place to set your stop loss?
What type of pips do you look for in your strategy?
I think I must be studying the pips wrong, I will be able to ask this newcomer questions soon, but that I hear of traders taking 20 pips. If I'm reading rather often the spread is larger than that. ( I use xm - that seemed like a reasonable option at the time )

with or without the sl, here are my questions must be response by yourself. Can you drive a vehicle? Would you be in a position to forecast the market properly so every transaction would be ended up dropping without a have to own SL? Would you have the ability to anticipate any news event or black swan event in the FX market at ALL time? Would you prefer to nicely preserve your account WITHOUT the risk management by placing SL and mended risk on each transaction? Do you prefer to exchange your account WITHOUT understanding just how much you really gonna shed on another...

well I assume with a stop loss you understand just how much you'll lose on each trade

Can you make up absurd scenarios to spread FUD to as many individuals as you can? Can you not take out a percent of profits from the account frequently, to easily seed the account , if (when?) margin called? Can you not trade smaller trade sizes so it is possible to manage a transfer of 400-700 pips against you? Can you not understand how to hedge a situation and balance it out against a place sitting in profit? Could you not really learn how to TRADE before really stating whether you should do it or not?

Nefser,
Start by taking a look at my own FF explorer outcomes, to find that a few of my positions have now been around for months and counting. Your questions are very logical. But experience has shown that the longer you can leave open your trade the more prone you are to experience growth. Really the ability to trade with no stop loss is the thing that differentiates the boys from both men. You don't want to chicken out because of a potential loss before a big win occurs. It takes a Brexit-sized occasion to change the direction of M1 for any pair. So, to M1 and W1 periods, I stick for long-term trade. I proceed with interval using SMA-3 Any time they disagree.

Just keep an eye on your interval alignment based on simple moving average of their last 3 transactions in each interval (SMA-3). Adjust the chart screen to show 55 - 65 transactions for each period, for contrast. You stick to the management of the SMA-3 no matter in which the chart itself is pointing. Using a line chart additionally functions best.

If the price of a lengthy trade drops, you a new lot at the lower price and sell off the losing lot. Likewise if the price of a short trade goes up, you buy another lot at the higher price and sell off the lot. In case the SMA-3 indicates a reversal, you buy double the amount of lots from the other direction and continue following it.

Click the links below to view charts with interval alignment. (The blue line is EUR/USD chart, while the red line is the MVA-3 or SMA-3)

EUR/USD - D1 - https://s.tradingview.com/x/6VCUhZ4w/

EUR/USD - W1 -https://s.tradingview.com/x/VVGffSQb/

EUR/USD - M1 - https://s.tradingview.com/x/7VOYLIDS/

Note that the MVA-3 is saying the same thing in all 3 periods and all of them concur with M1. With this arrangement, I'll be staying short trade for EUR/USD for quite a period unless a Brexit-sized occasion occurs.