5 Ways to Trade Without Stops! 🖐️

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5 ways to trade without stops. Can you trade profitably without stop losses? Is stop loss necessary in day trading? We talk about stop losses and stop loss placements all the time so this is a bit of a controversial subject. For most of us stop orders make sense. But sometimes we get into a situation where stops don't help - we have to manage the risk in other ways. But don't mistake me - risk management is crucial so you still have to manage the risk even if you don't utilise stop orders. We often fall into the trap of putting steps too tight and they end up being detrimental to our trading. OK.P

Trade small size
Exit at close/week
Have an emergency stop
Use a hedging strategy
Develop the skills to cut a trade that is not working

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