Recently trade without stop loss. I took a long sell position and short buy. During the technical analysis found clear patterns of Elliott, so i decided in this case don't use SL. Pretty well. But this is the exception rather than the rule. Even if ...

Trading without SL: your profound experience

I used to use a stop loss order, it clearly limits the % of size of my deposit, usually no more than 5%. Now I use different strategies. Risk of course, without this i can't. But still find SL as important element of trading strategy for compliance ...

Stop Losses

I lose when don't have the patience or the greed overpowers me

reasons why traders lose

Hi Casey, I think it's right that you try to find a solution. This means the door will open anyway. It's pity you spent 5k on a completely unnecessary studying. How can teach something who themselves have little success in trading? Why do I say ...

New Guy, Seeking Valuable Advice

Very similar feeling when victory. The same greed and impatience. In gambling, such as casinos - it plays against you, to take away the money. In forex so only if the broker is DD. The difference is analysis in gambling has not the slightest sense. ...

What are similarities between trading and gambling?

In general, I agree with Linda. But in the # 11 I would have done differently ... SL is good if you're not online. SL doesn't optimize the losses it limits the excess losses. An experienced trader at a loss looking for a more successful exit point. ...

Time Tested Classic Trading Rules for the Modern Trader to Live By, by Linda Raschke

For a long time watching FF as a guest. I decided to sign up, to gain ideas and share mine. Here was the interesting discussion. It creates an ambiguous impression about the different views that are voiced. Interestingly, my opinion does not ...

The real way to kill it in fx