Buy and Buy or Sell and Sell until get the Profit is it good strategy no Stoploss.

[ahsankhan]

hello, i have use trading on one direction strategy ,as we know forex is volatile and we see that eur/usd pair still move in 1.33 and 1.29 for a long time if we do not close the deal at loss and add more lot size for every time the price go against the deals and wait the price to return we will recover the loss and gain profit, what is your opinion?

it is true that many traders especially new use this strategy this may be called as averaging down or averaging up strategy it is good but we should ensure about the fundamental of the instrument....

[romannil]

hello, i have use trading on one direction strategy ,as we know forex is volatile and we see that eur/usd pair still move in 1.33 and 1.29 for a long time if we do not close the deal at loss and add more lot size for every time the price go against the deals and wait the price to return we will recover the loss and gain profit, what is your opinion?

No, it's not a good strategy. sometimes it makes your account zero.do not use such types of strategy.always select your stop loss and take profit for every trade.

[cozard007]

This is just the worse trading plan in the market, it is never a trading strategy as far as i am concerned really but the ability of the trader to use stop-loss in trading makes the best.

[bharat23]

hello, i have use trading on one direction strategy ,as we know forex is volatile and we see that eur/usd pair still move in 1.33 and 1.29 for a long time if we do not close the deal at loss and add more lot size for every time the price go against the deals and wait the price to return we will recover the loss and gain profit, what is your opinion?

Well i like to suggest you to follow the news before you place any order and do not place order again and again because you can suffer a loss through it and its better to trade with some discipline and even i am trading here on this business very carefully.

[badar]

I do not think that this strategy is good enough to make you enough profit in your account or let you even have it on every trade. What would you do in a situation like the eur usd fall of 250 pips in a day?

[amirhumza1]

The "buy and buy or sell and sell" is good but "until get the profit is it good" is complicated strategy "no stop loss" is not possible in all time so we should must work hard for the All that time when we waste on Forex for best results of profit...

[worldforex]

bonus posting in easier to obtain, you just need to follow the rules and it will come to your account each month
if you deposit money into your trading account it is best if you just risk what you could lose and that why i like indain forex forum

[leherchand]

now the question is what if the price will not come back and will break the resistant.?so then you will loose all of your capital since there is no stoploose.we cant just keep on add to our loosing positions.a good strategy cant be blind.it must have set rules and the main purpose to finish the trading with profit.so you have to focus on the safety of your funds first.

[challenger ab]

i think this strategy good if you know the direction of the market right because some times open position and the market correct and then the loss will be increasing to save our position we must after correct do another position to support the first and with big volume to recover the loss this method im using it but be careful because the two can lose and the loss will be danger

[iwan]

for now, I apply the trading strategies I have always put the SL. because I never know when prices will rise or fall, and how much movement. and to further secure that our trade is not stopped by the MC.