using low risk without using the stop loss is the best strategy i think so because most of the traders earn consistently through this process, guys tell your opinion am i correct
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using low risk without using the stop loss is the best strategy i think so because most of the traders earn consistently through this process, guys tell your opinion am i correct
You are all right. Using Slop lose is most valuable strategy and use low risk is another. If any one Forex man can obey this rules and apply it carefully. I can strongly say that they will gain. Also a lot of money management available. Need to follow all the rules for best playing Forex. Study and practice in demo can help to obey the rules of Forex.
To be honest I don't think it is profitable strategy. We can't say that trading without Stop Loss is low risk trading. There is a huge risk of loosing account.
Better strategy is trading only high probability setups and cutting loses. Using SL is definitely more profitable because you can trade on higher lot.
Usually to keep my position I used TRAILING STOP ROBOT, I entry position and activate this robot to controll and execute TP automatically when I did not see Chart4. This Trailing Stop Robot was effective for me when I used this strategy. It mean all profit and time could be managed.
The right strategy is in how to set Stop Loss and Take Profit, and you will not lose a lot of good, good money management is your key to your strategy for success with this method, you will win large profits and avoid losing a lot of pips, I wish you luck.
What you mean by low risk? If low risk mean to you 10%, then can get margin call if enter at bottom of trend and price move in opposite direction for 1000 pips. If low risk man 2%, then trader need to have up to $1000 in trading account if want to make good profit in trade.
If we are trading without a stop loss you will lose a lot of money at it. Why is that? One reason is we will never know where the direction of price movement that will last. This is why we have to use stop loss trading, because SL is one of our trading system needs to be done