How to be okay with taking a Stop Loss?

What is the case, here is about listening to music, I don't think about stop-loss anymore but I am always put it in my trades when working on the general trading strategy, stop loss and target profit is a simple trading setup while listening fingerstyle by Alip_ba_ta.
 
radex78 said:
What is the case, here is about listening to music, I don't think about stop-loss anymore but I am always put it in my trades when working on the general trading strategy, stop loss and target profit is a simple trading setup while listening fingerstyle by Alip_ba_ta.
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Do you mind sharing your "general trading strategy"? Sorry but I don't see how stop loss and target profit could be just "simple". Thanks!
Here is a song while you type your reply. :thumbsup:

 
thewallstreetnow said:
Do you mind sharing your "general trading strategy"? Sorry but I don't see how stop loss and target profit could be just "simple". Thanks!
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Take a look at your short recommendations. Profit targets are 50% higher than the entry and stops are 20% lower. How much simpler can you get?
 
deaddog said:
Take a look at your short recommendations. Profit targets are 50% higher than the entry and stops are 20% lower. How much simpler can you get?
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Haha! I agree with what you are saying. What I meant was more on the overall strategy and how it is not that simple to pick the points. But I now see what you meant by "simple". It can't get any simpler than that!
 
thewallstreetnow said:
Do you mind sharing your "general trading strategy"? Sorry but I don't see how stop loss and target profit could be just "simple". Thanks!
Here is a song while you type your reply. :thumbsup:

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It's a very simple thing, I going to open my mt4 FXOpen trading platform, then look at the point where reversal pattern occurs based on support and resistance zone, it's a simple thing, but human is not simple indeed. let we play "it's my life"

 
deaddog said:
Never could figure that out. If I wanted to watch YouTube videos you would think I'd just click over to YouTube.
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It is an extra later of communication. An added dimension of depth, if you will. At least for me.
 
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