Why Pro Traders Don’t Use Stop Losses

Comments · 248

• GR

  @Graldaddy · 1 year ago

  A stop loss is handy if you run out of electricity or your internet goes down for a few hours.

  37

• BU

  @businessideas8431 · 10 months ago

  Trading Gold since 12 years , have never used stop losses. Risk Management is everything.

  57

• MA

  @mattia6224 · 1 year ago

  I think that nobody understood this video. They have heard so many times that stop loss is important that they can’t think of alternative forms of risk management

  59

• EL

  @el_vla_do · 1 year ago

  I am not a pro, I trade with my own money so I do use stop. Simple

  18

• JF

  @JF-Gagné · 1 year ago

  I'm totally into this. Size the lowest possible... and just manage your exposure. Reduce it when it goes down, augment it when it goes up. THAT is what I'm getting at right now... And it is waaay more logic than just "oh no I got stopted out but the price went my way after, and I just lost 0,5% of my account in 3 minutes". LOL

  24

• TI

  @TIMHARTTT · 1 year ago

  I never used stop loss, i use it mentally and so far i am doing really good, I don’t enter any trade unless I study the chart and the price movements, and whenever i see that it goes against my plan i close it directly.

  64

• LU

  @lucianosantucci108 · 1 year ago

  And many pros are not leveraging as much as amateurs.

  12

• HE

  @HezOmanjo · 1 year ago

  This is insanely spot on. Its all about size. Only size and your leverage determine the pips you put at risk. I hate it when I get stopped out just for the trade to head in my initial direction...

  27

• CH

  @Chewie7 · 1 year ago

  My buddy doesn’t use stops either.  Yesterday he blew his account.

  149

• RE

  @retsdon · 1 year ago

  I don't know about no stop at all, but a good general rule  (for me anyway) is to widen the stop and control risk by sizing down. People say that the first rule is to protect your capital  - but by far the best way to do that is not to subject it to risk in the first place. If you're 'protecting' capital by strangling your trades with tight stop-profit exits all it means is that you will end up having to take more trades  - very often by re-entering at a less advantageous level that your initial entry point. Smaller size is less stressful too and leads to better decision making. Just my experience....

  26

• DR

  @DragosNowitzki · 1 year ago

  I sometimes used to trade without a stop loss. I sometimes used to lose 40% of my account in a day. You decide what makes sense for you. Cut your losses short, people, don’t wait and hope for the price to recover, sometimes it never does (or not within your timeframe).

  15

• TH

  @Thomas-uf6fd · 1 year ago

  The simplest way to look at trading is as follows.<br>Pretend everybody has a bunch of seeds in their pocket…. Some have millions some have only hundreds or thousands.<br>Your job is to throw out the number of seeds you’re not afraid to lose….. everyone else is doing the same…. <br>The game starts at 9:30am EST. <br>Everyone throws their seed out onto the ground all you have to do is pick up a few more seeds than you threw out….even if it’s just one. You keep doing that a few times per day if you like or once a day or once a week or once a month….. whatever you feel comfortable doing….. just make sure that when you see a bunch of seeds on the ground you grab a bunch and put those in your pocket. Next thing you know you’ve got pockets fool of seeds.

  13