I do think we're on the same page. Different styles don't really matter as long as you're happy with your own. I guess that's what makes a market.
Did somebody tell you that, or did you just make that up? If you are serious about that statement, I doubt you'll be around long. It only takes one big loss and you're out for good. Did you figure that into your research?
Geez, I figured out that you better use stops back when I was trading my demo account. It seems to me that a better solution might be to use a wider stop, not abandon them altogether. Don
Trade without stop loss??? It is my worst nightmare to have a position open overnight without stop loss.:eek:
For daytrading, yes I like to just watch and get out w/o a stop/loss already in plcae at time of order. But if you swing or longer, and don't have a stop loss in, you could get fubarred real quick.
That is crap! Can you afford a long term 200 pip stop ? Can you still trade when you have 3 x 200 stops triggered consecutively? If you don't understand stops are good and work effectively intraday, rather than on long terms... man..... don't know what to say really !
Another long worthless thread started by the ever elusive Marketsurfer. You would think after about a dozen of these types of threads in the last few months that guys would catch on. Surfer just starts these threads to get a rise out of everyone. BTW, if Surfer is such a great trader, then why is he pirating PTJ video tapes and risking his ass for a few bucks?