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Stop Loss – Did You Try Trading Without It?

Andriy put up an interesting post about the famous or infamous stop loss. He asks if you trade without it – something which is usually highly not recommended.  He mentions that everybody witnessed his stop loss being taken just to see the market change direction in their favor immediately afterwards, making it very very frustrating. Here’s the poll.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.