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Who ever said that was thinking non-leveraged trading, e.g. stocks, where the max loss is determined by the bought amount.
Leveraged trading, e.g. FX will guarantee a blown account in the first loosing trade, where the bought amount has no cost, but the loss is unlimited.
The greatest lie in trading, is using a Stop Loss. Show me someone who use it, and I show you a loser. The only chance to keep profit, is using, scalping swings, when they are making a swing hi or low.
No stoploss = no long life on the markets.
If you stay long enough you will experience a flash crack one day.
Your assert just proved you're not on the market since long enough to learn it.
This advice is gold.
No stoploss = no long life on the markets.
If you stay long enough you will experience a flash crack one day.
Your assert just proved you're not on the market since long enough to learn it.
This advice is gold.