I can't bring myself not to to use stop loss. I'm far too anxious about random spikes - that they occur - and about losing my net connection, which also occurs sometimes.
I can't bring myself not to to use stop loss. I'm far too anxious about random spikes - that they occur - and about losing my net connection, which also occurs sometimes.
Your condition like a boat in a ocean. It is suitable to use stop loss when trading practically for losses and risk.
Yes it's possible if you've got that kind of skills and strategy. Many individuals do hedging as a risk management policy instead of stop loss. Some do not utilize any of these. It is about how much skilled you are. And what it is that you are familiar with. You need to find your strength out .
The few times I've attempted to hedge it has ever ended up in disaster for me, so I avoid it now completely.
Yes it can be achieved whenever you've got a trading strategy and confidence. A lot of traders do rading without stop losses but it needs experience and market knowledge. For beginners it is recommended to trade with stop losses.
I concur - learn how to use a stop loss nicely and apply it, that is one's best choice. I would not advise going away to that sort of trading, although it is likely to trade without it.
It's likely to exchange without stops as soon as you begin, on condition that it's the trade based on scalping method. In reality there you do not have to make stops and it's really useless.
It is your system's capacity to get into transactions, that is vital. Not stop losses.
Should you get into bad trades frequently, you're probably using a shedding system.