That's pretty good advice, I will keep it in mind. Thank you!
Do you believe brokers hunt your stoploss 434 replies
What stoploss do you use? 27 replies
Real Fx traders do not use stoploss 677 replies
forex tip - Don't use a fixed stoploss brokers can target 23 replies
DislikedThe problem is that there is no such thing as a 'hard stop' or 'guaranteed stop' I've seen the market skip >1% notional before a stop it triggered and slippage kicks in - to put that into context you're talking hundreds of pips before a stop gets filled. Yea it's rare, but it happens. One of these events and you're screwed, well..... your account is dead in the water. Just look back to CHF when the SNB (Swiss National Bank) let shit hit the fan by removing the minimal floor rate.Ignored
Disliked{quote} Imagine being on the RIGHT side of that CHF event? No one ever talks about this though...Ignored
Disliked{quote} Without Stop-loss; there is no way! One single trade can destroy our full capital! That’s the main disadvantage!Ignored
DislikedRarely. But that's just me. I have found better ways to get out of losing trades.Ignored
Disliked{quote} Hello; is your trading strategy based on hedging? I am really interested to know more!Ignored