Thread: No stop loss
View Single Post
Old 09-12-2004, 16:37   #11
MickMason
Fibonacci KISS trader!
 
MickMason's Avatar
 
Join Date: Apr 2004
Posts: 3,788
Downloads: 0
Uploads: 0
Rep Power: 0MickMason is an unknown quantity at this point
Well I guess it's the big boys who move the market short-term so they're really king of the jungle, a big player therefore has no need to take a loss on any position. Whether they do or not I'm not sure.

I suppose it's all down to scale, little fish like us with our small trading accounts could, in theory, average all positions in order not to lose as long as we traded extremely small, it wouldn't make sense in a trending market though because profit is there for the taking, but in a ranging market there are undoubtedly benefits in my opinion.

Mick
MickMason is offline   Reply With Quote