Don't use a stop loss - do this instead

  Рет қаралды 34,861

Critical Trading

Critical Trading

Күн бұрын

Пікірлер
@antarshakti3093
@antarshakti3093 11 ай бұрын
Thank you for making this informative video. Stop losses don't stop loss, they stop profits and make losses.
@quakingoatz2656
@quakingoatz2656 2 жыл бұрын
Can you please make a separate video on your mean reversion strategy?
@Taipan303
@Taipan303 6 ай бұрын
FYI for anyone that needs to use stop losses - the ATR distance used in the test is unrealistically close. I use ATR 1.5 past the low or high whichever places it furthers, under the furthest of the last couple of candles. Position size accordingly. I trade futures, stop loss prevents the rare catastrophic wipeouts. The lowered performance is offset by trading multiple instruments.
@JoseGarcia-kr3xx
@JoseGarcia-kr3xx 2 жыл бұрын
i never use stop loss,its a waste.
@congbalicong5723
@congbalicong5723 Ай бұрын
absolutely
@JohnzorDC
@JohnzorDC 2 жыл бұрын
Not sure if I missed it, but if you are not using stop losses, how are you determining your max risk per trade and / or exiting the trade when it runs against you?
@_davideisidoro_
@_davideisidoro_ 2 жыл бұрын
good observation because for doing this you need to have a decent amount of money on your account...
@sarkkinenmatiasiisak6433
@sarkkinenmatiasiisak6433 2 жыл бұрын
For example: 50% allocation per strategy. That 50% could also be split on multiple positions. On exits you could use time based exits or some logical conditions like 5 bar high.
@LifeOfJowl
@LifeOfJowl Жыл бұрын
you dont you need money to trade like this trading like this is trading with the market not with your account you get out when the market wants you out
@OneCreator87
@OneCreator87 2 жыл бұрын
Even if you are not trading mean reversion, you are better off without any fixed stop loss. Timed and/or technical-based stops are much better. Tests can be much faster when you are not taking intra-bar movements into account (that's an added benefit).
@CriticalTrading
@CriticalTrading 2 жыл бұрын
Agreed, or just gradually scaling down the positions
@PyMoondra
@PyMoondra Жыл бұрын
I’m having trouble following the two strategies. First it seems you are buying to the long side. One strategy is you only buy when market pulls back , and the other is you only buy when there is a gap down?
@puro52
@puro52 2 жыл бұрын
yea im gonna need a full video on this topic
@DrBrokenBone
@DrBrokenBone 2 жыл бұрын
Nice vid! I am interested in your thoughts about trailing stops.
@navketan1965
@navketan1965 Жыл бұрын
VITAL QUESTION IS--If trader was trading forex pair to hold for average duration of 3--5 days what time frame should be used for TREND DIRECTION?--IS IT 4 H CHART? Traders biggest enemy is trend flipping on A dime(e.g. 1H/lower times frame trend).Trend on 4H chart may be the best trend guide for majority of forex traders.. By the time trader confirms that trend on daily chart is up, market has already gone up about 5-7 days & if you ask supercomputer for the mathematical odds, computer tells you that odds are negative right from the start.Trend based on the last 10--15,four H candles has enough big players/juice/force behind it so that it would not flip on A dime, so trader has decent chance to make something without buying overpriced asset to lose again. Your wisdom/expariences please?
@johncarlosarmiento2666
@johncarlosarmiento2666 2 жыл бұрын
Thank you very much, your channel is valuable to me
@rocketmangenesis
@rocketmangenesis Жыл бұрын
I'll take the stop loss; thank you!
@JordiRos-c9e
@JordiRos-c9e 11 ай бұрын
This is almost unintelligible.
@gary5799
@gary5799 Жыл бұрын
Sounds very clever
@cevka1976
@cevka1976 2 жыл бұрын
Strange, as far as I know the most common used ATR multiplayer for stox is 2 ( at least) .
@yurayurick5878
@yurayurick5878 Жыл бұрын
Then you, God idea! Good luck😉👍
@scheuermann11
@scheuermann11 Жыл бұрын
does not mean you can generalize to all mean reverting strategies
@PyMoondra
@PyMoondra Жыл бұрын
This is really interesting stuff
@indevindev6858
@indevindev6858 2 жыл бұрын
Hi there, I'm newbie...just wanna ask you is that possible to trade with broker without setting SL during real account trading ? Pls advise sir.
@michaeldickerson9562
@michaeldickerson9562 5 ай бұрын
Your broker doesn't care if you stop loss or not For f o r e x only I never use stop-loss I have a mental stop loss but for futures you really should have stopped losses in place with a bracket trade
@aldolabuonora
@aldolabuonora 2 жыл бұрын
Do you trade this strategy on single stocks? Or in etf?
@CriticalTrading
@CriticalTrading 2 жыл бұрын
No, trading on a single stock doesn't make sense. One trades all stocks currently listed on all US exchanges, other trades all Russell Micro Caps
@aldolabuonora
@aldolabuonora 2 жыл бұрын
@@CriticalTrading thanks for your answer! So you trade 2 ETFs? It would be possible to trade even more markets or sectors? Did you tried it in international markets?
@CriticalTrading
@CriticalTrading 2 жыл бұрын
@@aldolabuonora no, I trade it on all US stocks which is around 20k tickers including the delisted ones
@yuenkelvin544
@yuenkelvin544 2 жыл бұрын
Professional👍👍👍
@nathutjilala4492
@nathutjilala4492 4 ай бұрын
This video will mislead a lot of traders. This is a bad risk management strategy, especially for smaller equity accounts 😅
@ChopperFromHell
@ChopperFromHell 2 жыл бұрын
Or I'm missing something or this has not too much sense. I mean, all this sound like an open position strategy to me, and those strategies are too much risky. The stop loss is "just" a safety, so if you implement "those other ways to manage the risks" (¿?) you can still set a SL, so another layer of safety. The point is that setting a stop loss do not mean that your profit is going to be lower than using "30 different risk management methods". That's a bit of a false statement in my undertanding of all this trading thing. Trading with open positions is maybe the most ¿can I say stupid? ways to lose money and only really big bags with huge experience can deal with such agressive strategies. And trading low volatility assets ¿?.. because I can imaging trading some stocks, gold or crypto, using no SL, and oh boy.... And I repeat; maybe I'm missing something.
@exchef7555
@exchef7555 3 ай бұрын
USDJPY GBPJPY EURJPY CHFJPY make 200pips candles in 1 minute...go ahead trade them without stop loss...LOL
@Aaaaaaazriel
@Aaaaaaazriel 2 ай бұрын
Wrong. becuz if u have leverage then u wont be able to do that, however if u dont, it take u decades to get rich, false teaching mate
@ARIANBAHRAMI007
@ARIANBAHRAMI007 2 жыл бұрын
Do this for crypto and get recked.
@CriticalTrading
@CriticalTrading 2 жыл бұрын
I don't trade crypto with mean reversion so no issues there mate
@kondor7
@kondor7 2 жыл бұрын
No dose for crypto crack addict.
@deevocg6692
@deevocg6692 2 жыл бұрын
Got rekt without stop loss due to market manipulation.
@reqhskslkwe4480
@reqhskslkwe4480 Жыл бұрын
Stoploss is a bait of smart money to hunt you..I don't use stop loss
@jackroark6928
@jackroark6928 2 жыл бұрын
⭐❤
@sunfield009
@sunfield009 Жыл бұрын
WHO CARES ABOUT STOCKS? PLEASE TALK about FOREX TRADING AND SELLING STOP LOSS HUNTING STRATEGIES PLEASE. TALK ABOUT FOREX TRADING SELLING/SHORT BOSS! AND TALK in detail please....MAKE INNOVATIVE VIDEOS ALSO, DONT MAKE WHICH WE ALREADY KNOW AND DONT CLAIM MEGALOMANIAC EARNINGS Which sound very Fake, I think You people make more money on youtube than your Own Trading....lol....I have seen so many videos which claim success but they are all tailor made examples,,,,, TALK ABOUT FOREX SELLING STRATEGY WITH RESPECT TO STOP LOSS HUNTING....
@go737
@go737 2 жыл бұрын
You say nothing bro,bla bla blah,you sell gold shovel
@jeramykennedy6813
@jeramykennedy6813 2 жыл бұрын
First.. let's see what you got lol and hey
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