Trading without a stop loss! - Page 4
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Thread: Trading without a stop loss!

  1. #31
    Quote Originally Posted by ;
    I never used stop loss, maybe is bcs I allways bankrupt my accounts
    If a person does not use Stop Loss properly they might end up draining their accounts anyhow, just over a longer time period.

  2. #32
    I don't understand how to trade without stop loss but I have seen that there are many traders that are really trading without SL and earning cash also. Nonetheless, it is risky so will not suggest everyone to trade without SL.

  3. #33
    Once I was a beginner trader then I did not use stop loss trading tool! As a result, I lost my 1st trading capital in a week! Frankly, I had no egy without making huge money making! Whatever, now I know the fact of Forex and I always use stop reduction tool in my live trading, although I am more serious about SL than my TP place!

  4. #34
    Every asset desires a different sl since a few have more volatility than many others

  5. #35
    Quote Originally Posted by ;
    I never used stop loss, possibly is bcs I allways bankrupt my accounts
    I always bankrupt my account possibly because I never used stop loss. That is how it should be said by you.

  6. #36
    It is ok not to use SL if you don't use leverage

  7. #37
    Always use stops, but I find that in the event you use a trailing stop, you might exit the trade. The key is your risk to reward, so I utilize a risk to reward lever to judge my stops and goals. I typically place the stop at the the previous low/high and place my goal to at least 3x that number giving me at least a 3-to-1 reward to risk. Combine this with good entry efficiency and you'll be a profitable trader over time.
    This is a good illuion of how I put my goals:

  8. #38
    Yes, I use the two of them (stop loss and trailing stop)! Stop loss is my 1st option, and once I get enough number of pips in a single trade afterward I use trailing stop trading instrument! Actually, I don't want to close my running trades too early, here I also use TP1, TP3, TP4 more! But sometimes I need to close my trades manually because of aggressive market momentum!

  9. #39
    When high movements, trading with no stop loss you can lose his entire balance in especially. So, trade in a secure environment by using stop loss.

  10. #40
    Quote Originally Posted by ;
    Trading without a stop loss you can lose his entire balance in particularly when high movements. So, trade always in a secure environment by using stop loss.
    I lost many times my balance because of lacking of stop loss especially when I was a newbie. Actually I think a lot of new traders don't like to use SL and if fall a fantastic trouble afterward understood the significance of stop loss egy which is really encouraging to reduce risk of loss.

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