Thread: Real Fx traders do not use stoploss

Originally Posted by ;

What about disperse traders? Running places that are hedged? There are loads of ways to trade without a stop loss.

Better safe than sorry.

A specialist trader could have been in a stop loss is not installed because it is 100% in its analysis, but let us say in a new trader can place it in the way of installation of stop loss because of our capital safer and will not be exhausted everything

Why is this notion that successful and real traders do not use stoploss? Doesn't it provide a safety net to the trader by using stop loss if his analysis is wrong? I'm a newcomer and a noob in forex trading and I really want to learn.

Real traders understand how to control risk and thats where the stoploss comes from

Originally Posted by ;

real traders understand how to control risk and thats where the stoploss comes in

so it usually means the real/successful traders would basically be able to calculate the risk consequently no need for a stoploss?

Originally Posted by ;

quote so it usually means that the real/successful traders will basically be able to calculate the risk hence no need to get a stoploss?

You always need to use a stoploss no matter who you are,a number of the largest names in the gambling globe have been brought down in a matter of days by a couple of transactions that went wrong,never get too familiar with the market since its proven to pull some surprise moves after in a while.you should watch a movie called the rogue trader.

Frankly I'm a newcomer but, the reason I don't use stop losses is because I don't understand how to place a stop loss based on daily close lol. . .but so far its been fine the majority of the moment.

Originally Posted by ;

Where possible a stop loss will always be in place in my opinion, however the only happenings this is not practical is whether $risk exposure is inordinately large along with the shortage of liquidity would cause a large risk of material slippage therefore a stop loss would be executed by departing in chunks.

Placement of stop loss has been evident that it was really give advantage to us, because we always put the stop loss will not be concerned about the risk because we already targeted based on science analysis That's Been achieved

Originally Posted by ;

Frankly I am a rookie but, why I do not use stop losses is since I do not understand how to place a stop loss based on daily close lol. . .but thus far its been fine the majority of the time.

Personally, I recommend investing some time in learning how to use a stop loss. Even in the event you don't need it now it might be necessary at some stage.

Originally Posted by ;

quote Personally, I suggest investing time in learning how to use a stop loss. Even in the event that you dont need it today it might be necessary at any point.

Stop loss we have to apply when always place the order, with consistently the placement of stop loss then would be in a position to do a risk for us to aim. The good will attempt at a demo account to clinic we do as well in the training capacity