Why is trading without stop-loss considered absurd for many! - page 21

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Sergey Basov:

You don't have to sit at home 24 hours a day and look at the terminal with quotes, and at the same time degrade. There is a wonderful thing called MQL, which greatly facilitates a trader's life (if a trader is a programmer, it doubles it). And there are mobile phones and tablets just in case.

I did not put it that way, I mean that you have to watch the market, and constantly, and I know a lot of people who like to trade with real hands, or others who are just not willing to spend a certain n-number of dollars on software
 
new-rena:

Right, OK!

I will answer the question of the topic as follows.

An incorrectly opened order will in any case return a loss - stop loss or physically/automatically closed.

That is, it doesn't matter how the loss lowered the balance - it's the same thing. The argument on this subject is superfluous.

There could be 2-3 pages of philosophy, but I think this will suffice.

SUBJECT
 
Sergey Basov:
Is your point all or nothing? Or when a drawdown reaches 20%, for example, a loss is recorded (at the market price)? If so, it makes sense to discuss trading without stoploss. Otherwise it is just a game, you might as well play in a slot machine or in a casino. A few years is not an indicator, if the risk is the entire deposit. Well, the deposit is multiplied by1000 times, and then you lose it all, and a few years are wasted because stops are "for suckers") )) What is the point? We have reached our own level of adrenaline.
And you cannot withdraw money until you have increased your deposit by 1000 times? After all, only under this condition may happen"a few years down the drain". If you withdraw money regularly, the stop-loss may well serve as a margin call. For example: I withdraw 10 initial deposits, and 3 of them are lost. This is quite a normal situation.
 
khorosh:
Is it impossible to withdraw money until you have increased the deposit 1,000-fold? After all, it is only under this condition that"a few years down the drain" can happen. If you withdraw money regularly, the stop-loss may well be a margin call. For example: I withdraw 10 initial deposits, and 3 of them are lost. This situation is quite normal.
Of course one has to withdraw money in order to repay the initial capital at least, especially if the Trading Strategy is half-game (martingale, averaging, waiting too long, etc.). I was figuratively expressing about the cat with the tail, to make the conversation more colourful ))
 
Sergey Basov:
Of course you have to withdraw money to repay the initial capital at least, especially if the TS is half-game (martingale, averaging, over-simulation, etc.), . The cat with the tail was figuratively expressed, to add colorfulness to the conversation )).
As has been noted here before, any action in the market, no matter what strategy or trading tactics, it's all a game, as no one can know where the price will go 100%, and therefore people have no confidence in their choice, neither the one who earns nor the one who loses, if confidence, as noted earlier, everyone would have long been millionaires and the markets are ruined).
 
Oxana Tambur:
As has been said before, any market action, no matter what strategy or trading tactics it is all a game, because nobody knows 100% which way the price will go, so people have no confidence in their choice, neither the one who earns nor the one who loses, if they had confidence, as already seen, everyone would have been millionaires long ago and the markets would be broke).

The point of trading is not to know 100% where the price will go and to where it will go (that's the lot of analysts and chatterboxes). But to make money regardless of where the price goes. I think everyone on this forum has studied mathematics )).

But on the whole I agree, trading is a game, but an intellectual one ))

 
Sergey Basov:

The point of trading is not to know 100% where the price will go and to where it will go (that's the lot of analysts and chatterboxes). But to make money regardless of where the price goes. I think everybody on this forum has studied mathematics )).

But in general I agree, trading is a game, but it's an intellectual one ))

I think that's why we all have learned the maths, but most traders forget about it in the markets. It depends on what one's analysis and strategy is based on.
If you got a moment when half of my conversation partners were laughing at the robot that they had developed, tested and correlated over many years, mathematics helped, but not the different TS developed for the markets))
 
The connection problems can also be natural disasters, statements of officials like the Swiss bank governor collapsing the pound so that these events have had a disastrous effect on liquidity. I do not know if it would be stupid for me personally to not only lose my whole deposit but also stay in debt for a few bucks.
 
yerlan Imangeldinov:
The connection problems can also be natural disasters, statements of officials like the Swiss bank governor collapsing the pound so that these events have had a disastrous effect on liquidity. I do not know what would be stupid for me personally, if after a trip to the bathroom I would not only lose my whole deposit but also owe a few dollars.
Why do you trade with other people's money and not your own? What kind of a trader is a trader who has no money on his own deposit?
 
Oxana Tambur:
Did you know that a well-thought-out mathematical TS rarely fails? So I wouldn't say that analysts are talkers. We have all studied mathematics, but many traders forget about it in the markets. It depends on what one's analysis and strategy is based on.
If you got a moment when half of my conversation partners were laughing at the robot that was developed, tested and corrected during many years, mathematics has helped, but not the different TS developed for the markets)).
I am just saying - mathematics is the head)). I don't know whether with or without analysis. I somehow did not catch the robot moment, but I just found your picture, miss-instaforex-asia ))
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