#TrendTradingStrategy
Trading without a stop-loss is like driving a car without brakes. Maybe you could make it around the block a few times,but if you did drive without brakes, how far do you think you could go before you crash?The same holds true for trading: when you fail to trade with stop-loss protection, you are absolutely guaranteed to have a major accident;it's just a matter of time. A strong market may allow you to get away with reckless trading fora period of time, but in my experience,those who trade without a stop eventually stop trading.
Trading without a stop-loss is like driving a car without brakes. Maybe you could make it around the block a few times,but if you did drive without brakes, how far do you think you could go before you crash?The same holds true for trading: when you fail to trade with stop-loss protection, you are absolutely guaranteed to have a major accident;it's just a matter of time. A strong market may allow you to get away with reckless trading fora period of time, but in my experience,those who trade without a stop eventually stop trading.
