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Stop Loss?? I Don't Want To Use It.


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42 replies to this topic

#41
myregister

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That is why I state before those people who don't want to use their stop loss feature is because they don't want to use it not because they think that is as useless feature. This can be seen on scalper's trading activities. They prefer to cut the loss manually since well 10-15 pips are actually pretty much easier to reach in shorter period.


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#42
Sininfinity

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Well once a trader gets caught in a big movement, then he will understand the value of stop loss. It looks good sometimes that not using stop loss is actually a good idea. But those with experience will prefer using stop loss.


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#43
sidejob

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First i think that SL is really wasting my time but as the days goes on this feature is one of the most desirable and very helpful, all this automation makes me able to focus on analysis. Stop Loss also works so well, it is faster way faster rather than my own hand in 90% cases, i just get few negative slippage because of this.


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