My Dear Trader friends....first of all I would like to Wish u all a Merry Christmas....
Actually friends i would like to discuss about a different strategy i have developed which we can use instead of "STOP LOSS" .Normally we use "STOP LOSS " to minimise our loss but if you all can give me a chance to show you something different which acts like MAGIC & instead of suffering losses we can convert that loss to profits in 1 or 2 days.In my words waiting for 1 -2 days is much better than using "STOP LOSS" & getting some real loss.I am new but i am 101% confident about my strategy & would like to request all the professional traders here to give me a chance to prove myself...If i will share my little knowledge then it will defenitely prevent all the new forex traders like me from big potential losses.....
ALL MY DEAR PROFESSIONAL TRADER FRIENDS PLEASE GIVE ME A CHANCE TO PROVE MY WORDS....IF I WILL BE GIVEN A CHANCE THEN I WILL I ASSURE YOU U ALL I WILL CHANGE THE ENTIRE STAGE WHERE "STOP LOSS " IS USED.....
Dear Mr Das,
I guess you don't need any permission or be given a chance to prove your point.
Just go ahead and post your thoughts and Ideas about trading without stoploss. Once people try those ideas and experiment with them You wil have a very effective feedback from all readers - Believe me.
We would love to have your ideas about your newest trading strategy. We are inquisitively waiting.
Dear Mr Das,
Give me a chance to learn from you about "The Magic".
I'll save time on you !!
Yes , there's an instead of stop loss and that is "Hedge" BUT experiments proved that hedge strategies works good with big time frames like daily and above , and there's 2 types of trading style using hedge strategies :
1- Switching ..
but for me this kind of trade is useless , you will have 2 or 3 trades per month , you may earn around 2% - 5% max 10% of your equity each month , trading on smaller time frames is much better , like 4 hour and hourly ?!!
Finally even traders who use hedge strategies , they use conservative (wide) stop loss to protect their accounts form sudden and strong moves ?!!
hahaha....my dear friend....as we all know that here in this Forex world we wont be a winner unless n untill we get defeated many many times & then look into the depth for why we lost the game.....n the day we recognise our fault.....we start wining.....n tats what i am doing.....Just goin on winning n winning.....tats all dear