Thread: Real Fx traders do not use stoploss

[quote=Cobra;8776181]

Originally Posted by ;

thread proprietor was last online in 2006... suppose he stopped trading ... good fortune trading without a SL. [/quot Yes he's no more around because he did not use stops.

Hahaha yeah probably true... although, while buying USD/ZAR or ANYTHING/ZAR there's not any true need to get a SL. With these Neanderthals in parliament, what? The tendency isn't going to change anytime soon, sir.

I use weight-loss dimensions and put
that I afford to lose on commerce. No SR or any additional staff.

Trading without stops is like closing eyes while driving a car something bad occurs.

Originally Posted by ;

Trading with stops is like shutting eyes while driving a vehicle, sooner or later something bad occurs.

It is more like letting go of the wheel while driving a vehicle. Either way, it is excellent to have set a stop loss just in case.

Actual FX traders consistently use a stop loss. It's simply not at the market in the time of this transaction.

Im fighting with placing my stop losses correctly at the moment, I had a couple good days following switching from virtual account to a suitable account. Employing small investments rather than much leverage I was in the green. Twice now I've been caught out by a surge when a pair has moved by a lot of pips, today it was the EUR/GBP at which it went higher than it has for a while, I wasn't sat watching as I believed I would place more than enough of a gap to help me in the trade for a while. Unfortunately it just a state hit the limitation and closed the trade. It is since dropped back a lot and can be more where I was anticipate it to be.

Has anybody got any tips for placing Stop losses to cope with such situations? Is it as straightforward as placing them higher / being ready to drop slightly more?

Actual fx traders do not necessarily utilize sl all the time. Will suggest any noob to keep away from over-idealized trading/trader descriptions and fetishistic rules, trading is simple and complied at precisely the exact same time. Real traders win if they lose money. Consider that and keep under-leveraged, so you can jump on to your next installments on same pair or even better into other pairs there is usually a genuine major difference between what people do and exactly what they say they perform.

Will the real FX traders please stand up, I repeat will the actual FX Traders please endure. . .We're gonna have a issue here.

I think you can't put a stop-loss only if you are 100% sure that your rate of work. Cases of evident situations could be, but they are quite rare on the market. I believe that commerce without loss is an exaggeration, even the most famous traders calculate the risks and put it

Should you trade with stop loss and have a good win percentage, and little draw down you are a genius. There are no staight lines in charts only fractures. In 1 Hour you are looser now, in 4H you are in good position, in D1 you are at the 50 fibo, etc. If I'd trade with stop loss would already lost all of my residue. It is a long story to explain all in details. But basically money market is a sharks market and they want your money - your stop loss ! That is just 1 thing they want. Therefore you are always somewhere in a midst of swing in bigger TF and more bigger TF. And your profit is going to be hit always. Just think short term investor, but although like a scalper. Should you do exactly what do 90 percent of traders after reading all staff from anyplace you will loose.