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Thread: No Stop loss strategy
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    clearly I not often use prevent loss whilst trading due to the fact I trading based totally help and resistance trend and sometimes I need to loss 50 pips first earlier than rate movement support my order. this is if I sense convince with the market motion, but if i'm no longer convince, i use forestall loss to prevent extra loss. so I agree, the use of stop loss is always critical choice.

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  3. #572
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    to trading forex effectively is to strictly comply with an powerful cash management approach. For many forex traders which means using stop losses. Unfortunately, the ones very same forestall losses are often liable for the failure of most day traders, specially when stop losses are tightly set. There is not anything extra frustrating than having a prevent loss near a exchange that would have long gone directly to be worthwhile.

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    Dear trading without stop loss is always risky but the temptation of money make us blind whenever we enter a trade to not put stop loss for more and more. We can not be a good trade or a consistent profit winning trader until unless we think we can earn huge if we neglect stop loss so we need to change our this thinking only if we wanna take our trading seriously otherwise there is no day in our career when we feel fear of losses.

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    Contingent upon your exchanging strategy.i individual jump at the chance to exchange long haul in case i will utilize a little part since little parcel size can be baffled.

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    This is an exceptionally beneficial framework in the event that one has enormous cash or can bear to utilize little part estimate,,

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    No stop loss strategy is a bad idea in the forex market we may suffer total money loss. but most of time i see if we put stop loss then market hit it and move to right direction. so during put to stop loss you should need to follow its rules.

  8. #577
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    According to my experience money management is better option.there is almost 200 pairs money management while you are placing an order. There should be a margin instead of stop loss.

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    Quote Originally Posted by Hizqeel888 View Post
    According to my experience money management is better option.there is almost 200 pairs money management while you are placing an order. There should be a margin instead of stop loss.
    Yes i'm agree with your statement money management is much better. but if we have put 0.01 lot trade but market going against more then 2000 pips then what we have do, wait years no we can't do this so i think stop loss is much good option.

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    No matter the agguement for such a strategy of trading the market without a stop loss you can not convince me enough because as far as i know the only way we can safe guard our capital in trading is by setting a good stop loss in our trade because the Forex market is very unpredictable and it is only by stop loss that we are able to safe guard our account from the risk associated with trading.

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  12. #580
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    trading the Forex market with no strategy is very risky it can make you to loos your money in a flash because if you do not use your stop loss effectively by using key good signal from your trading indicator then you will likely safe guard your account from loses that you know that you can not afford to loss the purpose of stop loss is to make sure that you do not loss ore than you can not afford to loose.

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