Thread: Real Fx traders do not use stoploss

Originally Posted by ;

My (guide) trading platform is foundation on no stop eliminate egy. I'm combining the Elliott Wave theory Money Management. The fundamental concept is : my [all] trading positions in buildup is going to be shut in profit.

Nothing called 100% winning position it you open a position in 1980s on (eurjpy) a buy on price 363.35 till today the price not bounce back to same number and it's (25 years)

you must understand that something cant go back like it was ... 1AED (emirates derham ) = 0.5 (irani toman ) in 1985 and today it's (1AED=900 toman)

simply cant get the egy it'll work in this cases

They state there's no wrong or right approach to trade as long as you are making money on your account, prevent losses are allways advoed because it is the only way you can limit your risk, I think it is foolish to trade with no sl, there is no way anyone can be 100% sure the market will not undo, anything could happen anytime, the market allways does it's thing even when you are 100% sure that it will not.

Originally Posted by ;

quote nothing called 100% winning position it you start a position in 1980s on (eurjpy) a buy on price 363.35 till now the price not bounce back to same amount and it is (25 years) you have to know that some thing cant go back like it had been ... 1AED (emirates derham ) = 0.5 (irani toman ) in 1985 and today it is (1AED=900 toman) simply cant get the egy the way it'll work in this cases

35 years

Originally Posted by ;

quote 35 years

miss calculation

Originally Posted by ;

quote nothing called 100% winning position it you start a position in 1980s on (eurjpy) a buy on price 363.35 till today the price not bounce back to same number and it is (25 years) you have to understand that some thing cant go back like it had been ... 1AED (emirates derham ) = 0.5 (irani toman ) in 1985 and today it is (1AED=900 toman) simply cant get the egy how it will work in such cases

Thanks for your reply Senior
It's my caution, I am playing with 'accumulation egy'.
The clue of this kind of egy is money management.

Where are those imitation 'actual' traders that trade without even stoplosses.I dare you to exchange without stoploss again.With EuroChf decreasing 3000 pips r.i.p for your forex accounts.i wish swissy rally got you naked with no SL . lol

True!, there are several PRO traders I've seen who exchange without SL, however their transactions hardly last for few minutes. They enter greatly and therefore are glued to their screens if their transactions are operating, as I said which hardly lasts for few minutes. But it's a risk hoping to exchange without SL.

Originally Posted by ;

If you're using a very good broker your account is really safe. Now let get practical, With a leverage of 1: 500 ,in case you have an account of $100000 and you use a minimum of 1lot or a maximum of 5 lots on this account without stoploss. There is not any manner the account will get blown out. And you don't include any more trade when you get to that maximum. Even if a trade goes againt you wait patiently for it to recover,even though it is going to take weeks you wait patiently,

Maybe that's why the large players really earn money in Forex. They don't take out mad levels of leverage hoping for a big payday. If a trade goes against them, they are not as inclined to get whipsawed if they aren't stopped out. Stop losses also permit you to get more transactions so you lose more cash to the disperse.

When I think back to my own ups and downs trading. . .my most effective and most stressful times has been when I traded without losses in place.

bp

Every trader to their own.

I understand that if I am out of the computer, I am certainly entering a stop loss but otherwise it'd be nice to trade with no one if I can be there and watch the trades.