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Old 10-24-2009, 01:48 AM
miksa miksa is offline
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Join Date: Dec 2008
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Quote:
Originally Posted by jimer013 View Post
I once read about a trader which did something similar to the below without having to use a stop loss, and claims to have made millions.
in my view there is no such thing as "no stoploss trading." each account has limited margin. so not setting SL actually means that SL is just very big and risk per trade is 50-90% depending on account leverage. i.e. the whole account can be lost. so if one makes millions without SL, the he should be prepared to lose millions as well
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