Questions › Trading without a stop-loss

Trading without a stop-loss

 Hassan Parikh on Feb 10, 2020
I'm trading full time and I was wondering if I could trade without a stop-loss...? Who's tried it? How safe is it or how dangerous is it?
Answers Business & Finances



Answers

Trading without stop-loss is indeed very risky, especially if you are trading through internet, from home.

As a business practice, there is no need for placing stop-loss, if you are a confident risk taking regular trader.

If you are trading full-time from a broker terminal (through one of their terminals in their office), then you should keep an eagle eye on the price and volume constantly. Many times the prices pierce through stop-loss points (and thus our holding is wiped out) and comes back to normal in a single session. Like any other technology enabled gambling, the stock markets are prone to such manipulations on regular basis.

I have good experience of trading without placing stop-loss with a success rate of 58%, and I do not recommend trading without placing stop-loss points.

To sum it up, the onus is on you to take risk (or not), based on your exposure limits per session per broker.

Cheers.

Post your Answer

    code

    Recently Discussed

    (0 minutes ago)
    Panind
    fraud website!!!
    (0 minutes ago)
    Goair
    no refund of cancelled flight.. had to booked another flight by myself & paid a heavy price for the flight
    (2 minutes ago)
    Nsdl E-Governance Infrastructure
    pan not print even after 11 months
    (3 minutes ago)
    Skillmarks Management Private Ltd.
    regarding placement
    (3 minutes ago)
    Truecomretail
    samsung galaxy s10 lite