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Stops
Griffin i dont know how deep your pockets are(and dont want to know either) but to trade without stops with a view that the market will always come back in your favour is financial/trading suicide.
As i have previously mentioned in this thread the main reason people lose money trading FX is through the lack of discipline in regard to the placing, moving and neglect of stops.
Every trade you should evaluate your pain threashold before you put the trade on.
If the market is in whipsaw mode then putting a stop close to the entry point increases the chance of getting stopped out, but its better to be stopped out rather than being closed out by your broker.
Finally the golden rule of trading is evaluate your risk.
ps if you are worried about being stopped out then maybe you should look to trade options, buying i mean.....that way you wont have to worry about your delta's, gamma's & stops.
be lucky
Marty
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