Such talk of not using stop losses is the surest way to go bust. Controlling initial trade risk is the most important thing that every trader must know. One must insure that average wins are greater than average losers. I have accrued more than 16,000% profit from the last 6 years and have never lost more than 1% of my capital on any trade. So i DO KNOW what I am talking about. If you have some doubt please read the words of the greatest trader alive today Mr Ed seykota, his comments on stop losses are detailed graphically on my triva page on my website. www.precisiontradingsystems.com I hope you learn, before the bear market arrives to destroy your stupid theory! Would let a fox take care of your chickens?
Sshhhhh! We need the morons with the blinkers to buy,buy, buy...when they realise they are the suckers it will be..bye,bye,bye!
What happened to your last thread?...you gave a perfect example of poor money management..you could have exited with a controlled loss but you added to a loser then took a big hit unnecessarily and vanished for weeks...some trader you are to talk about no stops ...haa haa.