If you use stop losses then you are essentially gambling

Nobody lies to themselves more than a trader underwater.

 

If you use stop losses then you are essentially gambling

or

"Don't use stop losses! Then you are essentially investing.",
says @wxyztrader.

_____________

Look at NVDA. Stops not needed.
But look at AMC, Roku ....

 

Support us with some data of a trade or two. Which market symbol, when entered/exited. And in this case "size doesn't matter". Likely ego-inflated anyway.

Oh and while you're at it, let's see an example of your EW skills at work. I've yet to see a single screenpic of yours. Maybe I missed a post you can direct me to.

 

I posted lots but it flies over all your heads, even D, so now I just simplify with C&H's. I have basically road mapped Bitcoin since summer.

 

If you use stop losses then you are essentially gambling

OR

If you don't HODL then you are essentially gambling

 

OMG this has got to be the best comment of the year (hint: for those with slow motor, this isn't a compliment).

 

Yeah, I thought so. Always a hindsight genius but never one in real time.

 

I'm not even in a position right now lol...well Dogecoin last time I checked was up $500...but again no stops.

 

That is very eye opening

 

Hello wxytrader,

Thanks for the no stop strategy, I will try it out. Whatever it takes to get rich. I agree with you , no stop master.