If you want to make a lot of money, go to where money is in abundance.
Do you believe brokers hunt your stoploss 434 replies
What stoploss do you use? 27 replies
Real Fx traders do not use stoploss 677 replies
forex tip - Don't use a fixed stoploss brokers can target 23 replies
DislikedDear traders, I want to ask you questions about trading: 1. Do you use stoploss or not? 2. Why do you use stoploss and why you don't? 3. How many pips do you use your stoploss? thanks anywayIgnored
DislikedDear traders, I want to ask you questions about trading: 1. Do you use stoploss or not? 2. Why do you use stoploss and why you don't? 3. How many pips do you use your stoploss? thanks anywayIgnored
DislikedYes, I do use stop loss and it serves as trade protection. Regardless of whether I am trading on the long or short sides, I set stop loss.Ignored
Disliked{quote} That’s really mandatory! In my trading I am also using stop loss; since I know the value of money management!Ignored
Disliked{quote} No, it's not mandatory, and people should stop repeating this 'mantra' over and over again. SL is a TOOL, which people can decide to use where applicable, if desired. If you know how to manage your trading, with reasonable sizes and understanding how/when to hedge (or manually close trades, as desired), then you do NOT need to use SL's. In fact, I would say a huge percentage of losses of traders are solely down to the regular use of SL's for trades, where they are tight, or at least far too tight given the rather chaotic volatility of the...Ignored
Disliked{quote} SL is better I think. Hedging is basically saying I want to take another opportunity for buying or selling. Immediately going against your first position could be a useful tool.Ignored
Disliked{quote} What you're saying is not hedging. Hedging is about diviserfying your risk exposure to several currencies. Need triangular arbitrage to time the market and portfolio management to control bankroll risk.Ignored
Disliked{quote} No, it's not mandatory, and people should stop repeating this 'mantra' over and over again. SL is a TOOL, which people can decide to use where applicable, if desired. If you know how to manage your trading, with reasonable sizes and understanding how/when to hedge (or manually close trades, as desired), then you do NOT need to use SL's. In fact, I would say a huge percentage of losses of traders are solely down to the regular use of SL's for trades, where they are tight, or at least far too tight given the rather chaotic volatility of the...Ignored