Hi guys! do any of you trade without a stop loss? is this doable? i would suggest that there are two core ways in which stop losses are utilised: as an integral component of your trading strategy, whereby your stop is intended and expected to be hit under pre-defined conditions.. One of the biggest dilemmas forex traders face is where to put the stop loss order. any trade should have a forex stop loss order. trading without a stop loss is not only risky but foolish too. the forex market swings aggressively. not once, the currency pairs travel only to take the stops on a previous swing, and then reverse.. Floor traders method with no stop loss forex trading strategy this is a variation of the floor traders forex trading method and the only variation is not to use a stop loss initially when you enter a trade ..
In a way, demo trading is the forex no-loss trading system you were looking for. final thoughts. if you want to become successful at forex trading, you need to keep in mind one thing. there is no easy alternative to discipline and patience. if you continue thinking of fx trading as a pastime, or a quick way to riches, you won't get anywhere.. I used to trade without stop loss - sooner or later it turns against you. it gives nice profits as long as price goes your way - but it is gambling not trading and luck won't be on your side forever. you can earn 100000000% and then you will loose only 100% and all that's left is anger and dissapointment, but i guess it is a lesson you need to take to become a good trader (or to stop trading). It is impossible to do trading in forex without loss but you can minimise your chances of loss by doing hard work and why doing proper analysis and planning for your trading it will minimise the chances of lost in your trading reply with quote thanks . today 08:06 pm #13. kinzaali. view profile.
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