Thread: Real Fx traders do not use stoploss

This type of good and interesting method you mentioned previously. It suggests to a few ideas! It will be essential to test and see what did I pass! Zerrow-demo thank you for quite valuable and helpful information! That's why I really like to read and participate forums such as that. Always something to understand.

If a egy is a losing egy, it is extremely likely that by reversing it, that it still will be a losing egy. Random calls reversed remain arbitrary calls

Originally Posted by ;

This type of good and interesting method you mentioned above. It suggests to a few thoughts! It will be necessary to check and see that what did I pass! Thank you for information that is very valuable and useful! Thats why I love to read and participate forums like that. Always something to understand.

It isn't a egy it is merely an example. You want always to place everything on plate , here SL, there TP and so on. But this instance works better
than 90 percent of traders perform. If you think a bit deeper.

More money was lost in the sport of trading from people not using stops than all of the other reasons combined.

Originally Posted by ;

Im fighting setting my stop losses correctly in the moment, I had a couple of fantastic days after switching from virtual account into a proper account. Employing investments that are small and not much leverage I had been at the green. Twice now I've been caught out with a surge when a pair has moved with a lot of pips, now it was the EUR/GBP where it moved higher than it has for a while, I was not sat watching as I thought I would place more than enough of a gap to help me at the trade for a while. Unfortunately it just a say hit the limitation and shut the transaction. It is since dropped...

I'd practically the same situation, on the demo account everything seems simple, but on actual one not.
I would be thankful if someone experienced gave a bit of advice on that.

There needs to be a mental stop loss. You can't be a good trader without some sort of stop

”Mandatory is putting it too strongly, I presume. There are a lot of successful traders out there who do not use it. But, I still do think it is a good idea to use it more frequently than not.

Today, in forex there's stop hunting, we can put in to this subject if you would like. But to me personally a physical stop is a bad idea.
For black swan events, I am convinced I can rescue the place, on a retrace

What's stop hunting, really? The spikes which occur during events?

Originally Posted by ;

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

there aren't any true FX traders. Whatever you hear or read or watch is half lived and half lied at best.