Quote:
Originally Posted by shere1779
Many traders think that stop loss order limits their profits so they don't use it. Other traders never trade without stop loss order. Do you have any experieces about that!
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Trading without stop losses is like driving without stopping at red lights. It goes faster but someday you ll get killed.
Now another thing is that when you place stop losses, you give indication to the market makers. This is why some traders will use mental stop losses, but in order to do it you must be in ftony of your computer all the time.