Alternatives to using stop loss orders. http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! We all know about stop loss orders and the premise about them. We all know we should be using stop losses and how they help to limit the impact of damage of trades that is going against us. But are there any alternatives to trading with stops? One thing you have which could be a problem with a stop loss is that the probability of a market touching a level is twice that of a market closing at it. So you can end up stopped quite a lot only to see the market going in your direction. As such I always try to find alternatives setups and strategies where I can trade without stops. One way is to strictly control trade size. Another way is that if a trade is going against you, you can re-assess the level. Even another way is to hedge yourself by taking positions in correlated markets. Whatever you do, beware of the total monetary position of your risk value.
