Sometimes stoplosses can be quite detrimental to a system. I and my partner have developed a system that doesn't use a stoploss. Currently we are managing a $600k account and in 13 days of trading we are up $80k+ no stoploss. btw - on a 15 min TF...
if you go over to strat egy builder fx dot com and go to the forums, you will find the Hans123 system. It is HUGE. It will take you a while to read the whole thing.