Don't like to use SL and Exit target

 

I am currently practicing in demo. I always have 5 position open everyday and I never used stop SL and exit target, I just closed threads every time I earned a little. I just want to test where will the trend will take me, so far I am doing fine but I am not sure if I am doing the right thing or is it the right way to thread Forex. Comments anyone?

 
april:
I always have 5 position open everyday and I never used stop SL and exit target

There's some people who use Martingale systems who dont use SL. But most times, there arent many systems which survive long (years) without an SL, though there might be afew rare ones. Good luck with your demo and have fun

Wintersky

 

Only if you are manual trader and if it is you who decides when to close an order. But that takes a lot of time.

In auto trading no way to trade without stop loss

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