When we can trade without stop loss?

bigdolly

Sergeant Major
Messages
968
Surely never trade without a stop loss???
When you set 1:1 leverage you don't need stop loss because there is no loss in the strict sense. You just swap one asset for another and can hold it indefinitely (not counting issuer default risk). I use 1:10 with my broker and feel comfortable even in the current time of high volatility which makes trading absolutely unpredictable.
 

Enayess

Recruit
Messages
104
Isn't it safe? It's the same way you lose all your capital. I wouldn't recommend this approach to anyone...
 

Vo32ss

Private, 1st Class
Messages
49
Actually, a lot depends on the strategy, but it applies to short-term positions that happen before your eyes, that is, you can control the situation and prevent the loss of capital. But I don't think this is an approach that is optimal for everyone.
 

erik59

Private, 1st Class
Messages
63
this is a strange question: the SL protects you if the price returns against you, why not using it?
More beginners tips here below:

 

DaveT

Sergeant
Messages
336
Only time I've never used one is when my account balance is low and I don't mind losing it. Otherwise, always use one....
 
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