T4Trade
Questions & Answers
What if I trade without stop losses? Is this allowed here?
Asked by Lek Y. on 3/26/2024
1 Answer
Najaat H.3/28/2024
Sure, you can trade without stop losses...I guess you can do it anywhere, I mean brokers and platforms.
However, why you want to do it? Stop losses are like fire extinguishers that can help you avoid massive losses in case your trade goes astray. So, better use them.
Or, maybe you want to be like a super long-term investor? Buy-and-hold type of a guy? Hmm...but consder fees then.
On T4Trade they are quite low.
Anyway. I suggest you to use stop losses, the broker has them.
However, why you want to do it? Stop losses are like fire extinguishers that can help you avoid massive losses in case your trade goes astray. So, better use them.
Or, maybe you want to be like a super long-term investor? Buy-and-hold type of a guy? Hmm...but consder fees then.
On T4Trade they are quite low.
Anyway. I suggest you to use stop losses, the broker has them.
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