Why Do Some People Not Place Stops?

[ProFXManager 10]

if you hedge your trades by 50-75%, you don't need stops, the only one you need is patience, if your trade is on the positive swap side, lay back or do something.

 

my2c

 

ProFXManager

 

PS: I don't use any kind of stops too, only price action+hedges+sometimes martingales (Science, Brownian Movement)

[ProFXManager 10]

this may also help: from Bond University

Stop Losses.pdf

[DriveExpertAdvisors 10]

Most of inexperienced traders don't put stop losses or take out their stop losses because they don't want to accept the loss. Loss management is so important in trading that beginners should learn it from the starting in demo. Taken out by stop loss should not heart traders as they must need to discover what should be the sensible stop loss for their strategy in demo.

Stop loss is the safety dress in the dangerous forex industry where u can make ur job done without wearing safety dress but if any accident happen u will die or will be badly injured.

[aimhi 10]

Those who didn't apply stop losses are easily swipe out from the market within no time.

[JoelDarr 10]

Personally I don't like them because they take control away from my hands. Obviously, I use them in times of volatility, but in general I try avoid it.