Anyone here trading without SL?!!!

[Kazumu Fukunaga]

Stop loss is very important for the new traders.

Placing stop loss is one of the difficult tasks in trading. So many things to consider. Your trading style, risk tolerance capability and good knowledge about support and resistance levels are important to place a stop loss.

 

[CarmeloGiroux]

I never trade without using a stop-loss.

 

[skihav]

No. You should always trade with a stop loss. Traders should always know what they are risking. Otherwise, they can end up losing a lot more than what they can afford.

 

[Kevin Vogt]

A trader can be benefitted from losses if he can think it as a lesson. Every loss is a lesson. Traders use journal to keep track of their past trading mistake so that they can learn from their mistakes. Learning from mistakes is the best learning.

 

[Kevin Vogt]

I never trade without using a stop-loss.

Trading without stop loss is possible if you have that type of skills and strategy. Many people do hedging as a risk management policy instead of stop loss. Some do not use any of them. It is all about how much skilled you are. And what you are comfortable with. You have to find out your strength by yourself.