No I dont use stops.... OHHH I know no one likes to hear that..... and not so long ago... I would never say such a thing..... I will get out at about 4 or 5 % loss.... though it is discretionary..... maybe I see some reason to stay in... generally the Idea of TT5 is that the trade wll win within one daily candle or maybe two... though by then I will be getting very nervous.... I think its better to just always win the trades.... ![](https://resources.faireconomy.media/images/emojis/64/1f601.png?v=15.1)
And as EVERYONE who knows me here.... I am not very good about getting out...... I dont want to say how was the most I lost...... because of not getting out.... Ohhhhh.....
After so very long time... some years..... I made my own systems.... they were not bad.... BUT only with TT5... for me.... I feel something.... when I learn to get out when I am supposed to.... I will become a real trader...
I dont use the stops also because it would in most cases be very hard for price to move so far in the time it takes me to sleep or go out and do something.... I think there is time to come back and have a look....
I know I know..... STOPS............ I will continue like this for a while..... at some point maybe I will be specific about where I want to put stops....
Sorry guys.......
![](https://resources.faireconomy.media/images/emojis/64/1f601.png?v=15.1)
And as EVERYONE who knows me here.... I am not very good about getting out...... I dont want to say how was the most I lost...... because of not getting out.... Ohhhhh.....
After so very long time... some years..... I made my own systems.... they were not bad.... BUT only with TT5... for me.... I feel something.... when I learn to get out when I am supposed to.... I will become a real trader...
I dont use the stops also because it would in most cases be very hard for price to move so far in the time it takes me to sleep or go out and do something.... I think there is time to come back and have a look....
I know I know..... STOPS............ I will continue like this for a while..... at some point maybe I will be specific about where I want to put stops....
Sorry guys.......
DislikedHey Tiki,
You don't use set stop losses so what happens when a trade goes against you? How do you decide to get out with the TT5 method? What is the largest loss you have had?Ignored