Well, congratulations. I have demo earnings too, you know...

Trading Without a StopLoss

Oh, it is real, and I'm done with you. Have a good live. Bye now.

Trading Without a StopLoss

Excellent post My personal experience is that one should leave as little as possible to chance. That said I lean more to system than to strategy.

Trading from an Experienced and Successful FULL TIME Trader

Real trading using stop loss. Enjoy kid.

Trading Without a StopLoss

Imho, the closest thing to the Holy Grail is to always take things with a healthy dose of skepticism. Everything works and nothing works. Considering stop-loss, I see them more as the concept, and less as the order. The necessary line in the sand ...

Trading Without a StopLoss

It is working for you and you're happy. Nothing left to explain. I'm sure you can live without my approval. Best wishes of continuous success

Trading Without a StopLoss

Agreed. I'd go as far as saying: There is no profitable trading outside a systematic approach.

Trading from an Experienced and Successful FULL TIME Trader

OR might reverse violently. One can never tell 100%. Either way it doesn't matter. It's just a demo voodoo sell. All my real money trading is either automated technical, or news.

Trading Without a StopLoss

I like your way of thinking

Trading Without a StopLoss

Sorry, I find your answer insufficient. The market can do whatever it wants whenever it wants, and nobody can predict 100% of the time.

Trading Without a StopLoss

Ah, but that case, I would consider it trading using a stop loss, because there's a line in the sand that when crossed one says: I'm wrong, gtfo. Live and trade another day.

Trading Without a StopLoss

I find all of your points valid. There are indeed many ways to skin the cat. What I have trouble wrapping my mind around is how can anyone trade expecting to be right 100% of the time? Doing pre-set withdrawals (as you've suggested) is a possible ...

Trading Without a StopLoss

Very well said Personally, I wouldn't dare trading without a stop loss. Nevertheless, I'm trying to keep an open mind to what Scalpeur has to say. He seems to be doing fine without using stop loss.

Trading Without a StopLoss

Clever, very clever from you. But, what if a worst case scenario, where price defies all probability and goes against you, were to happen. Certainly you consider the possibility, although you find it highly improbable. Would you eventually take the ...

Trading Without a StopLoss

But, can you cope with a black swan event like the one in the chart above, should you suffer one?

Trading Without a StopLoss

Allow me to illustrate 2+2's point:

Trading Without a StopLoss

The "dotted lines" signal hidden or reverse divergence, meaning that price is overextended countertrend (overbought/oversold as Doriot calls it), and is very likely to snap back into the trend direction. These lines are placed on the chart by the ...

Trading from an Experienced and Successful FULL TIME Trader

Considering Stephen Hawking and Einstein's incredible high IQs, I doubt any of us here is in a position to fully judge their lifework. I can say one thing though. All the electronic stuff we take for granted today would not exist without quantum ...

Do you believe this market is random?

As a rule of thumb, I find trading something like 2% risk per trade HAZARDOUS, because almost invariably this will cause profitable systems to generate undesired high drawdowns. Just to give you an idea, we (my team) have this rule that says ...

Popular Trading Tips: Truths or Myths

Very true. Considering most brokers keep orders in-house, they end up killing two birds with one stone using those kind of commercial adds. They bring in new costumers, and at the same time, limit their ability to perceive the risks, and that ...

Popular Trading Tips: Truths or Myths