momo3HC
Sergeant Major
- Messages
- 567
Yep. That`s the other way.Trading without stop loss require low leverage probably no leverage, trading this way you can tolerate any drawdown.
Yep. That`s the other way.Trading without stop loss require low leverage probably no leverage, trading this way you can tolerate any drawdown.
What do you mean exactly with number 3 and 4?1. Stop Loss
2. Money Management
3. withdrawal options
4. kyc verification
all these steps are basic for me
Choosing the broker may be each trader has their own preference, almost all brokers comply with AML so they need to Know Your Customer, in trading stop loss is one way to manage the risk, sometimes I trade-based pair correlation.1. Stop Loss
2. Money Management
3. withdrawal options
4. kyc verification
all these steps are basic for me
I see, a number of new traders try to avoid the SL in their trading; according to my own experience, you can’t go without this technical tool; money management is such an important parameter here! So, try to use the SL according to the trading chart’s requirements!What are the things that a trader should never do?
to trade without stop loss you have to have low leverage or even no leverage at all, then you can ride out any paper loss because margin will be always sufficient. No leverage is suitable for long-term trades when you hunt for many pips profit in a trade.I see, a number of new traders try to avoid the SL in their trading; according to my own experience, you can’t go without this technical tool; money management is such an important parameter here! So, try to use the SL according to the trading chart’s requirements!
That would be so costly for sure! I think, trading with a low trading leverage is always a good choice! But, avoiding the stop loss trading tool is a dangerous move, whatever you are (short-term or long-term trader)! Money management is so much important parameter here, there is no way to avoid this calculation!to trade without stop loss you have to have low leverage or even no leverage at all, then you can ride out any paper loss because margin will be always sufficient. No leverage is suitable for long-term trades when you hunt for many pips profit in a trade.