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!
Trading Without Using a Stop Loss? Here's How This UK Trader Does It. Profitably!
If you trade long enough over years ,it’s odds on something “freakish” will happen.Not even talking about extream s like black swan.
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.
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