₦airaland Forum

obajoey:
Funded account received from nairatrader. Let's take it slow and get to the promise land.

obajoey:
Funded account received from nairatrader. Let's take it slow and get to the promise land.

obajoey:
Funded account received from nairatrader. Let's take it slow and get to the promise land.

obajoey:
Funded account received from nairatrader. Let's take it slow and get to the promise land.

obajoey:
Funded account received from nairatrader. Let's take it slow and get to the promise land.

obajoey:
Funded account received from nairatrader. Let's take it slow and get to the promise land.

Apcnewrecruit:
GBP/JPY Sell

TP 200.50
SL 202.50

Alexas58:
Gold is doing it
But btc is not doing it

dmahn:
The spread and commission my prop charge on crypto makes me ignore them completely..Gold is like going to 4k

dmahn:
The spread and commission my prop charge on crypto makes me ignore them completely..Gold is like going to 4k

Donsheddy:
I want to ask, is it compulsory to use sl 🤔🤔

Can someone be profitable long without using sl.

Alexas58:
Today silver has given us an opportunity for long

So I’m longing it now

SL: 45.875

Thanks,
Trade and think like a champion

LofP:
Used to do this some years ago... when odiaero was popular on FX thread. It's good to be back.

Procashtips:
Do you know his new ID?

LofP:
No, I don't know his new ID. I wonder if he's still on Nairaland.

Donsheddy:
I want to ask, is it compulsory to use sl 🤔🤔

Can someone be profitable long without using sl.

Donsheddy:
I want to ask, is it compulsory to use sl 🤔🤔

Can someone be profitable long without using sl.

dottozil:
I think the question shouldn't be about using stop loss it should be are you risking too much of your account size on a trade, regardless of putting stop loss prices or not , I once read a book and there is a part that says once you risk a certain amount and you are not able to sleep at night, there and then you should know you are already risking too much, personally have come to realize that risking what you feel that even if the market goes against you, you don't care, I think that's the way to go, peace of mind is underrated in this trading journey

Peejayz:
i dont think there is any amount you will lose to the market that you wont care

Bimmarlykay:
Its compulsory for newbies,are you one?😁

If your strategy is almost bullet proof,you only need money management.

dottozil:
Obviously coming into the market you should know you will definitely lose some money, and the Ultimate goal is staying in the market as long as possible, inshort what I am trying to say is when you get to a stage where you risk a certain amount and your is not at rest or you cant sleep definitely you don't need anybody to tell you that you have risked what you cant afford to lose, when you enter the market your psychology needs to be stable, that's the reason for stop loss.

Donsheddy:
I want to ask, is it compulsory to use sl 🤔🤔

Can someone be profitable long without using sl.

CaptainJune:
It depends. It is not compulsory to use a stoploss although this is something only traders with experience in the markets can do. For beginners, it is compulsory.

Yes, one can be very profitable in the long term not using stoploss as long as they know what they are doing. It means their money management plan is the type that will not blow the account in case of sudden swift moves, they are babysitting the trades, their knowledge of the markets is above average.

Bimmarlykay:
Its compulsory for newbies,are you one?😁

If your strategy is almost bullet proof,you only need money management.

Fxwarrior:
There's no money management without stop loss in place. Proper lot sizing is also part of money management.

At the end of the day, it's risk reward that will keep you long term.