Thread: Real Fx traders do not use stoploss

Originally Posted by ;

Any trader who makes a profit frequently is a true trader. Some do it using stop loss, others do it , sweeping generalizations cannot cover them all, I believe.

Who actually real trader it is hard to reply, profitable trader or others, everybody has to ensure stop loss technique for preventing unfortunate losses and risk especially when trade using a large amount.

Originally Posted by ;

quote Who actually real trader it is difficult to reply, profitable trader or others, everybody must ensure stop reduction technique for avoiding unfortunate losses and risk particularly when trade with a large amount.

Like I said, some folks do it with no stop loss, therefore it does not apply to everybody.

Originally Posted by ;

who's the 'pro' trader that doesnot utilize a stoploss ? What kind of BS are you currently 'no stoploss losers' peddling here . lol. It takes one two or three bad transactions to wipe your accounts off

I trade for a living NO stoploss , what goes up must come down exactly what goes down must go up or don't you know that

Really?
What if it moves down or up 3000pips
just small bets or very large accounts may work around this

that the key is to know that SL size to use for particular transactions
sometimes its nice to be removed
if its just once or twice per month who cares

Originally Posted by ;

quote Hi, So, you undergone already fact that departure is more important than entry, ideal ?? This is valuable information given by in his profile.... This information is worth countless.... Here's a tip for the newbies that are learning how to trade. Ignore all that hype. Recall--for now--that one fundamental principle: The departure is more significant than the entry. With that in mind, I would like you to do the following on a demo account: 1) Toss a coin: Heads long, Tails brief 2) Manage the trade because you see fit. If you think the trade is...

Thank you very much for your information, Jackub!

One query regarding the slumping of this account in less than 50 transactions - exactly what leverage is implied (as it's a substantial impact)?

Originally Posted by ;

who is that 'pro' trader that doesnot use a stoploss ? What kind of BS are you currently 'no stoploss losers' peddling here . lol. It requires one not two or three bad transactions to wipe your accounts off

You presume that since we use no fixed stoploss we are doomed to ride the death trade to our passing. Not true, if you don't use insanely big lot dimensions as the brokers counsel you to.

There are many ways to reasonably close down a trade in loss.


Get rid of your preconceptions and discover how those who do not use fixed stoploss really trade and you'll obtain profit from seeing threads like these.

Originally Posted by ;

quote You assume that because we use no stationary stoploss we are not able to ride the death trade to our passing. Not true, unless you utilize insanely big lot dimensions as the brokers counsel you to. There are several ways to reasonably close down a trade in reduction. Eliminate your own preconceptions and discover just how those who don't utilize fixed stoploss actually trade and you will obtain profit from seeing threads such as these.

Well said and yes you're completely accurate.

Maybe institute trader do so but for retail trader this is the most foolish and dangerous attempt that he/she might have done.

Originally Posted by ;

quote Well mentioned and yes you're completely accurate.

Yes, that may sum it up but it's one facet of this coin..the issue is that most new traders do neither utilize good MM nor do they opt for little lots..and with no SL, the inevitable crash occurs. So yeah, while a trader can exchange with no SL, it isn't a good idea to do so, esp for newbies. .

I believe it is essential for retail traders to use stop/losses, its too risky to not.