Trading Without Using a Stop Loss? Here's How This UK Trader Does It. Profitably!

Maybe till now there have only few traders who are not using stop loss in their trading! But for me, there is no way since I am a day trader! I target few pips in a day!

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If you trade long enough over years ,it’s odds on something “freakish” will happen.Not even talking about extream s like black swan.

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Then you just make sure u’ve got enough money in reserve to buy into the direction of the trade till u you stop losing money, then gradually sell when it finally changes direction again. It means you can be in for a very long game but finally (and it can take > 1yr, while paying huge overnight funding fees) you’ll probably be profitable. Like all trading strategies there’s no guarantee you’ll make a profit, but it’s worked for me so far.

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I am probably not supposed to ask this, but what broker do you use.
By the by I read your article Pepperstone Anomaly. I experienced something similar the other day on Oanda at USD/JPY, but I also notice that particular market has been behaving weirdly lately, so I give Oanda the benefit of a doubt.

Go for it ,you know best

I’m here, I got the email, trading contrarian style is nothing new; the attention seeking reminds me of Nick Shawn with the same strategy.

Did they share the link to your thread? I can’t seem to find anything here.

Congratulations.

Wow one of a kind…at least i read someone who doesnt use SL…STEEL EMOTIONS DUDE!.. AT My Start in trading…i never used SL …now i use in EVERY single trade. And when i understood the stop and límit orders are use them yes or yes…and im more profitable

Another trading style