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    Thread: No stop loss strategy (part 3)

    1. #21
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      i hope you realize that hyip sites always fail. they will never stay online for more than a year with most just shutting down within a week. also, those sites are not really trading your money, but cycling it.


    2. #22
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      Strategy is a good way to earn money.without take strategy we can not make a good result.i think forex is a good business.and it is need strategy.we should stop loss by strategy.


    3. #23
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      if you are trading in forex market without using stop loss strategy then you will fail to protect your account from losing.stop loss is very useful for everyone.so trade in forex market by taking stop loss strategy.


    4. #24
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      No stop loss strategy? I prefer to use averaging and hedging. This two type of strategy does not use stop loss. So far so good that its serve me well to use both strategy. Although I do feel that its really hard to make money in forex if we don't trade for long term goal. its still good that we can make good income in forex. The more we focus on learning and earning the more we can actually end up with big profit.


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      even i am a newbie in forex trading but i want to give a suggestion on you
      if you use no stop loss make sure you use very small of your lot
      if you use quite big lot make sure you stand by on your metatrader so if it going worse in floating minus you can suddenly cut it loss
      but if you use quite big lot and you cannot stay on your metatrader better you put stop loss on your position coz that can save your entire ballance
      good luck


    6. #26
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      nice strategy.but i think no stop loss strategy may sometime causes empty of the account and for this purpose we should use stop loss neither all things will be ruin any moment.but i am also agree with your opinion it is good one.


    7. #27
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      Quote Originally Posted by tundek View Post
      I dont know if its a strategy.. but some forex
      hyip sites that i saw do no use stop loss in their
      trading.. It wondered Why also.. which makes
      me test it in my live forex.. unfortunately for me
      it was a bad trading day for me. i lost 200+ pips
      openning my account for more than 24 hrs..
      What do you think of this is this a suicide or a
      good strategy also.?? pls give your honest
      opinion on this matter..
      Afraid i am coz i dont like to trade without my sl this is what i recommend to most of the people that you can forget everything but not the sl so i wont agree with you that we should use the strategies which include trading without the sl ok .


    8. #28
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      No its not like that.. if you read their terms and conditions they mention that every trader have to set his/her sl by them selves according to their account size or they recommended 3% for every trade..on other hand im trading without sl but my method is swing trading. i use minimum lot size for my trade, and close trades only depends on conditions no matter how much pips i earn or loss.


    9. #29
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      If using no stop loss is a part of some strategy then it may give some reward but one position with no SL is like a suicide. There is no guaranty that price will come back again. Some times due to the breakage of economy price goes and goes in a same direction for years.
      Do every thing with Passion


    10. #30
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      i hate any strategy without stop loss because when the market go against you
      you will lose everything the market could move against you very much pips
      so your losses will be big and big


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