Yes, I presumed that's what you implied; if not, my apologies.
No, I was not "impaled". I no longer put stops in, in advance. As long as the proper risk management and discipline are there, I find it's a lot more profitable that way, in forex. YMMV.
1 Some traders say that stops are a symptom of fear.
2 Other traders say that stops are a rational and wise attitude.
3 Still others put stops just to prevent catastrophes from happening.
