Stop Loss?? I Don't Want To Use It

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  1. #11
    Senior Member HundEr's Avatar
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    Stop Loss?? I Don't Want To Use It
    Quote Originally Posted by Ao hao View Post
    Stop lost is just a managment tool, it should be necessary for newbie. As for veterans with rich experience and deeply understanding about market trend, they will judge the long term market trend and put up with temporary lost, and will get large profit finally.
    That's right! Some experienced traders don't use a stop loss order because they use a low leverage. But for a newbie st is the essential part of trading.

  2. #12
    Member HoneyLilly's Avatar
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    i guess such stuff as sl and sp is only for experienced traders, isnt it?

  3. #13
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    Quote Originally Posted by HoneyLilly View Post
    i guess such stuff as sl and sp is only for experienced traders, isnt it?
    That?s absolutely wrong mate, in fact if we put it correctly then it?s opposite where experience traders won?t have issue handling situations without having SL or TP, but for newbies it?s a suicidal attempt to go without using of SL. I always use it whenever I am doing long term trading while I don?t use it during scalping, it helps me a lot that I trade with OctaFX broker since they have swap free account option which helps with long term trading.

  4. #14
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    if you don't want to use that then I think you should use this OG WhatsApp which allow users to use dual WhatsApp at the same time without any issue...

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    I think using a stop loss is integral to my risk management. Those that say oh well what if it then flips and goes your way? Well then your entry was wrong. I don't see any reason not to use a stop loss if you value your capital.

  6. #16
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    in ro ham eslah kon:
    Quote Originally Posted by FishnPips View Post
    I think using a stop loss is integral to my risk management. Those that say oh well what if it then flips and goes your way? Well then your entry was wrong. I don't see any reason not to use a stop loss if you value your capital.
    This is funny but it is the absolute truth, most times the problem lies in being greedy. We have to fight against greed in the market if we must succeed.

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