The absurdity of a stop loss - page 25
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I see, there are objections to potentially unlimited profits. What about the use of a stop loss in such a stratagem, does it increase profitability or not?
I see, I have objections to potentially unlimited profits. And what about using a stop loss in this stratagem, does it increase profitability or not?
I don't know about that, but imho only take may really increase profit - as much as I try to trade with my TS, in 90% of cases instead of +30 +40 pips I have the purest SL on bu, and if I don't use SL I have infinite loss
SZZ: I suggest the topic be renamed to absurdity of trading without TP - anyone may collect "losses", but TP's ....
I don't know about that, but imho only take may really increase profit - as much as I try to trade with my TS, in 90% of cases instead of +30 +40 pips I have the purest SL on bu, and if I don't use SL I have infinite loss
SZZ: I suggest renaming this topic to "absurdity of trading without TP" - anyone can collect "losses", but takes ....
Boo is not a stop loss. There is no loss.
Vladimir, again I don't agree with you (today is the day, or rather the night),
There is a loss, and there are plenty of them:
1.You deposit = Loss, because your money went to cover the overlapped positions in the brokerage company, to pay out, to .... - it does not matter, your money is not working for you.
2. You entered the market = loss, because you need to work off the spread, and the profit is doubtful - it is only visible on the history.
3. I don't know who and how, but I have always lost when you should not have entered the market, and it was a clear situation ...... - any entry in the market is an increase of risks: more frequent entries - more risks, a lot of risks = loss.
But imho boo is not a cure-all, but an evil commensurate with the spread - it's not a shame, but it prevents to make profit :D
Vladimir, again I don't agree with you (today is the day, or rather the night),
There is a loss, and there are plenty of them:
1.You deposit = Loss, because your money went to cover the overlapped positions in the brokerage company, to pay out, to .... - it does not matter, your money is not working for you.
2. You entered the market = loss, because you need to work off the spread, and the profit is doubtful - it is only visible on the history.
3. I don't know who and how, but I have always lost when you should not have entered the market, and it was a clear situation ...... - any entry in the market is an increase of risks: more frequent entries - more risks, a lot of risks = loss.
But imho bu is not a panacea, but an evil commensurate to the spread - like it's not a pity, but it does not give a chance to make profit :D
As we've seen, the more time we spend in the market, the less risks we run. I think we can agree on that.
And boo is when you are better off taking 10 with a probability of 100. What kind of loss is that, it's a nano-profit :))
The less time in the market, the less risk. That's one thing we can agree on.
And boo is when it's better to take 10 with a probability of 100. What kind of loss is that, it's a nano-profit :))
You're probably right about the time
maybe not 10 but 30? ;)
You're probably right about the time
Or maybe 30 instead of 10? ;)
I've been testing my strategy today. It turned out that the optimum boo should be set after half way to the target and exactly 1 pip.
I was very surprised that even 2.3.5 pips is already worse, it seemed to make no difference.
Today I tested the bottom breakout strategy. It turned out that the optimum boo should be set after half way to the target and exactly 1 pip.
I was very surprised that even 2.3.5 pips is already worse, it seemed to make no difference.
Isn't 0 more optimal?
Boo is not a stop loss. There's no loss.
not a loss on balance, but a loss on equity
Isn't 0 more optimal?