Post
Topic
Board Trading Discussion
Re: Trading without setting stop loss (Risky or Not)?
by
farrellronald
on 12/11/2020, 17:24:20 UTC
Hi dear
yes you can use your own strategy without stop loss by setting up some safety orders in a certain price deviation. by adding safety orders you can cut down your entry price and get out from the trade on your desire profit.
ps: it's better to put your safety orders in higher volumes than your base order like 2x, or more ....
and also be sure to enter into the trade on the exact side of the market. do not enter on the opposite side and not putting stop loss.