Welcome to the Traders Laboratory.

Money Management Risk and money management related topics.

Like Tree13Likes
Reply
Old 05-08-2015, 03:18 AM   #25

Join Date: Mar 2015
Posts: 12
Ignore this user

Thanks: 0
Thanked 1 Time in 1 Post

Re: Why Do Some People Not Place Stops?

I guess there has to be every kind of traders in this world, the ones riskier and the ones safer. It all depends on their trading style and the goals they are willing to reach in Forex.
fxfive is offline  
Reply With Quote
Old 06-08-2015, 04:54 PM   #26

ProFXManager's Avatar

Join Date: Jun 2015
Posts: 5
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Re: Why Do Some People Not Place Stops?

if you hedge your trades by 50-75%, you don't need stops, the only one you need is patience, if your trade is on the positive swap side, lay back or do something.

my2c

ProFXManager

PS: I don't use any kind of stops too, only price action+hedges+sometimes martingales (Science, Brownian Movement)
ProFXManager is offline  
Reply With Quote
Old 06-09-2015, 01:13 AM   #27

ProFXManager's Avatar

Join Date: Jun 2015
Posts: 5
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Re: Why Do Some People Not Place Stops?

this may also help: from Bond University
Attached Files
File Type: pdf Stop Losses.pdf (325.9 KB, 426 views)
ProFXManager is offline  
Reply With Quote
Old 06-25-2015, 04:46 PM   #28

Join Date: Jun 2015
Posts: 6
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

Post Re: Why Do Some People Not Place Stops?

Most of inexperienced traders don't put stop losses or take out their stop losses because they don't want to accept the loss. Loss management is so important in trading that beginners should learn it from the starting in demo. Taken out by stop loss should not heart traders as they must need to discover what should be the sensible stop loss for their strategy in demo.
Stop loss is the safety dress in the dangerous forex industry where u can make ur job done without wearing safety dress but if any accident happen u will die or will be badly injured.
DriveExpertAdvisors is offline  
Reply With Quote
Old 06-27-2016, 06:20 AM   #29

Join Date: Apr 2016
Posts: 87
Ignore this user

Thanks: 0
Thanked 3 Times in 3 Posts

Re: Why Do Some People Not Place Stops?

Those who didn't apply stop losses are easily swipe out from the market within no time.
aimhi is offline  
Reply With Quote
Old 06-27-2016, 11:36 AM   #30

Join Date: Jun 2015
Posts: 153
Ignore this user

Thanks: 1
Thanked 1 Time in 1 Post

Re: Why Do Some People Not Place Stops?

Personally I don't like them because they take control away from my hands. Obviously, I use them in times of volatility, but in general I try avoid it.
JoelDarr is offline  
Reply With Quote

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:

Similar Threads
Thread Thread Starter Forum Replies Last Post
Debate: Hard stops or mental stops? Soultrader Technical Analysis 25 08-16-2012 05:32 PM
Any Other KL People Here? robertm Introduce Yourself 4 12-10-2009 02:32 PM
Entering On Buy-Stops/Sell-Stops Dogpile Futures Trading Laboratory 10 11-29-2007 11:02 AM
Using smart stops instead of trailing stops Soultrader E-mini Futures Trading Laboratory 6 10-16-2007 09:07 PM
Hi people! Lisa Introduce Yourself 2 12-04-2006 10:28 PM

All times are GMT -4. The time now is 08:01 AM.
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
2006-2011 Traders Laboratory, All Rights Reserved.