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Re: How safe is a Stop?
All valid comments..
But the point I am trying to get to is that way too many people enter the game of forex (then often undercapitalized) thinking O'well as long as I have placed a S/L in the market I am certain of not loosing more than the amount"
Please do not misunderstand me by thinking I am against placing a S/L - what I am trying to make a point of is that I get a big scared reading all these posts where people seem to take the limited loss of a placed S/L for granted.
Unless someone know what they are doing and aware that this can generate a way bigger loss than they expect I think someone always should be physically present when active.
Regarding my other comment/question on why so few people seem to scale them self in/out of their positions. Am I the only one person thinking of this kind of diversification?
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Diversify, diversify and once more diversify… that’s your best chance to survive.
---------- But that does not mean you can't be 100% forex -----------
//S.R.G.
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