How to avoid stop loss hits ? (100% success rate)

Discussion in 'Trading' started by rajesheck, Jun 6, 2023.

  1. A True Story

    My friend gave voluntary retirement from an industrial job and received a big settlement amount with which he rented a small office and started trading in it on commodities.

    One of his friend who was a driver occasionally joun him and trade in same commodity sitting very next to my friend. Both have same setup (indicators) on screen. Both have same strategy.

    But the driver makes profits comfortably while my friend struggled a lot to make profits.

    Moral of the story?
    You may think you are making profits just because of the strategy you learnt from somewhere or someone. In reality you are making profits because you are creative. In other words making money is an art.
     
    #161     Jun 7, 2023
  2. The bottom line is if you recognise your creativity it will grow otherwise it may diminish.

    Remember, it is NOT risk/reward ratio, but creativity/profit ratio.

    Your profitability is proportional to your creativity.
     
    #162     Jun 7, 2023
  3. I am options trader which is made possible only through my strategy.

    Probably i may not be able to make money using your strategy that doesnt mean that your strategy is bad, right?

    Just because you didn't liked my strategy it cannot become bad.
     
    #163     Jun 7, 2023
  4. Yes, I have a 100% success strategy for avoiding stop losses. Previously, I created the number 1 trading Forex System on C2 where it held that place for over a year.

    Now, please note that I do use stop losses for most trades but have them far out to not get hit by spikes.

    However, for some trades, I do use the following where you will not get your stop loss hit 100% guaranteed.

    It's called a hedging strategy. You either use correlated pairs in one account or setup 2 different accounts.

    Let's say you have 2 different accounts. In one you would buy for example EUR/USD and in the other you would sell EUR/USD.

    So in this case, there is no need for a stop loss since you don't face infinite risk of a pair going against you since for example one account would be positive in that it would be making you money while the other account would be negative in that it would be losing you money. But you would not be stopped out or even be ever forced to stop yourself out.

    Now obviously I am not activating both the buy and sell at the same time or there would be no possibility of profit. The buys and sells are all automated before I would get into the trade, and I don't need to watch it overnight.

    I hope this answered your question.
     
    #164     Jun 7, 2023
    MACD likes this.
  5. Thanks for sharing your experience.

    Most traders cannot afford hedging because selling options involves pledging securities for that the trader need to be relatively rich.

    I heard hedging returns 100% on investment in a year or so.

    Have you thought about intraday options trading in index?
     
    #165     Jun 7, 2023
  6. maxinger

    maxinger


    @rajesheck must be clicking his own thread

    day and night and
    day and night and
    day and night and
    day and night and
    day and night and
    day and night and ...
     
    #166     Jun 8, 2023
    Sekiyo likes this.
  7. MACD

    MACD

    Most reading this will probably not Value your posts -- Brilliant (remind one of the Biblical Story: "Can't throw Pearls before Pigs...")
     
    #168     Jun 8, 2023
    beginner66 and rajesheck like this.
  8. Snuskpelle

    Snuskpelle

    rajesheck are you a relative of padutrader? That would explain a lot.
     
    #169     Jun 9, 2023
    Georpe and FTDK like this.
  9. I missed this post. Hope you now know the truth.
     
    #170     Jun 9, 2023