Thread: Real Fx traders do not use stoploss

They might not use stop loss per se but they do set in place some kind of loss control mechanism for risk management.

I thought I would come in and add my 2 cents to this astonishingly long thread. As may or may not already been stated, it is my view that the necessity of stop losses also largely depends on a few factors. Those factors are the time period and leverage. If you are an intraday trader using higher leverage, you'd be a fool to not use stop losses. However, if you are a longer term trend trader who utilizes very wide stop amounts and very unlevered places, then it isn't so risky to use a stop loss as the price per pip is very small and it requires very massive movements for profit or loss.

It is different from egy. But Out of my experience: Certainly use SL! And profi traders perform that

No with a stop loss is always super stressful for me.
I'd rather restrict what my possible down side may be.
Also I don't trust myself to honor a plogical stop.

It depends exactly what you mean with pro traders, but normal men who exchange in the home and are profitable traders, I can guarantie they certanly use a stop loss.
If you're talking about bankers, thats a compleatly different matter, they utilize other instuments to hedge, so that they are not exposing a high risk. For example, they may buy options counter trend, so if they're incorrect they still make cash

Originally Posted by ;

it depends upon exactly what you mean with expert traders, but ordinary men who trade in the home and are profitable traders, I can guarantie they most certanly use a stop loss. If you're discussing bankers, theres a compleatly different item, they use other instuments to hedge in, so that they are not exposing a high risk. By Way of Example, they might buy options counter tendency, so If They're wrong they nevertheless earn money

I use a stop loss , and dont roughytrader talk for me

S/L does not always mend loss, as well as T/P does not always mend profit. If the deal goes my way, I just correct, tighten s\l at a better way. And I overtighten each candle (sometimes every 3) from the interim period of the M15 (M5 happens) to profit condition for me. I would not say always, but frequently deals attract a great deal more revenue than planned. This already indies a permanent monitoring of the order.

I totally agree that using or not using stop-losses right depends upon specific trading style. As an example, they're not required in scalping. If a one is trader who only begins his/her FX benefits, SL defenitely should be set, particularly in long term deals. Of course it also depends upon how much would you really care on your wallet

Well, it seems exactly like Real guys never shave )))
Should become acute, it depends on style of gambling and personal preference. I don't see any cons using stop-losses, unless you exchange with smallest potential leverage and big amount

Using or not using stop loss relies on many variables like trading style, trading capital, trading experience. A trader may not be using stop loss and yet making profits while other may be shedding even if he's using a stop loss. Its a very lengthy, in fact never ending debate.