They are gambling but they think they are trading

[tvplus006]

...Without stop loss, there is no proper account management, in my experience, and those who leave their trades to run forever are hardest hit, unless they maintain a very low risk, which is not bad. It will only deny them of quality profits. And this still doesn't mean that they will not lose, many of them even lose more, it's only a matter of time.

Stop loss is not the only way to manage risks, and accordingly, a trader has the right to choose another method of limiting potential losses that is most suitable for his strategy. And one of these methods is trading on an isolated account, where the amount of losses is limited by what you are willing to lose if the price moves in the opposite direction to your expectations.

[citywise2]

Form my trading experience, the market - (Whales and institutions) always target those areas where they expect traders to place their stop loss in order to get their liquidity, so oftentimes you see the market pushing against your stop loss and only to reverse shortly and going right in the direction you originally intended. So use of stop loss is no antidote for not blowing your account, proper analysis and understanding of what the market is saying is what makes the difference. If a market presents an opportunity to make 2ox sure why not, but I usually prefer to go for smaller targets.

[Perfectbaby]

...Without stop loss, there is no proper account management, in my experience, and those who leave their trades to run forever are hardest hit, unless they maintain a very low risk, which is not bad. It will only deny them of quality profits. And this still doesn't mean that they will not lose, many of them even lose more, it's only a matter of time.

Stop loss is not the only way to manage risks, and accordingly, a trader has the right to choose another method of limiting potential losses that is most suitable for his strategy. And one of these methods is trading on an isolated account, where the amount of losses is limited by what you are willing to lose if the price moves in the opposite direction to your expectations.

As far as I know there are people who wouldn’t be that willing to lose much of their trading capital, whereas there are people who could only fund the exactly amount they would be willing to let go while. Of course those who uses stop looses are also trying to cub out loses while trading. Initially I didn’t know that someone can reduce loses through isolated trading.

[EarnOnVictor]

...Without stop loss, there is no proper account management, in my experience, and those who leave their trades to run forever are hardest hit, unless they maintain a very low risk, which is not bad. It will only deny them of quality profits. And this still doesn't mean that they will not lose, many of them even lose more, it's only a matter of time.

Stop loss is not the only way to manage risks, and accordingly, a trader has the right to choose another method of limiting potential losses that is most suitable for his strategy. And one of these methods is trading on an isolated account, where the amount of losses is limited by what you are willing to lose if the price moves in the opposite direction to your expectations.

I wonder why some of you would reply when you don't have anything better to say. First, where did I say that "stop loss is the only way to manage risks?" "Proper" account management is what you should have contested; that's if you have any, which I strongly doubt, and surely not the reckless and distasteful isolated account management, aka Structural Risk Isolation, that you mentioned, which is for amateurs rather than professionals.

Perhaps, if you are trading for banks and other large financial institutions, you would be doing such a rookie style? No wonder retail traders lose so much; they don't just stop experimenting while avoiding the standards. I could even mention better alternatives than the sub-account partitioning you mentioned, but are they "proper" in all contexts?

It would have had meaning if you could: 1. Mention a viable alternative with reasonable standards, then 2. Constructively defend why my use of "proper account management" overstepped the boundary of truth. You can do better.

[Pandu Geddon]

And strangely enough, there are indeed many beginner traders who trade like that. Of course, everyone who trades is interested in making a profit. But what we see from many beginners nowadays really looks like gambling. That’s why signal group channels have a lot of followers. Some even don’t mind paying a few fees just to get signals.

Many new traders nowadays don’t even try to prioritize knowledge at all they just want to make money so badly and fast that they even forget that knowledge is the foundation to our success in trading. They don’t want to face any challenges at all that why as soon as they start the journey they just consider paying for signals groups so they could take a nap why the trader does the analysis and give them signal just for them to come and apply it on their profile and that not a positive idea of a trader who wants to make success at the long run.
Are we going to keep paying for signal groups all the time? when we can just sacrifice time and energy into building our own knowledge.

Actually, in beginner cases, they are interested in learning and seeking knowledge. It's just that they tend to be more hasty and give up when they keep losing in their trades. In the end, they look for a quick way to make a profit through those methods. Their desire to learn and improve their trading skills eventually stops because of that.

[Baki202]

Stop loss is not the only way to manage risks, and accordingly, a trader has the right to choose another method of limiting potential losses that is most suitable for his strategy. And one of these methods is trading on an isolated account, where the amount of losses is limited by what you are willing to lose if the price moves in the opposite direction to your expectations.

There are other things that need to be put in place because, if you look at it, there are many ways that risk can be managed when it comes to trading. If the truth is that you have to manage the risk because it cannot be avoided, then people need to understand that trading is risking on its own, and ways to manage should always be a concern because there will be limited opportunities. For this reason, you should have a guardian or learn on your own so that, as a novice, you can get more experience by learning from others who are already there.

Some people intentionally want to make all the money overnight, but they must realize that this is not how it works. Trading requires patience and consistency because if you jump right in, there's a good chance you'll always want to take greater risks, which is one of the motivating factors.

[lionheart78]

In the case of Bitcoin trading, I believe that many of us here think stop loss is not an option.  We all know that Bitcoin, during its bear market, drops to more than 60% of its ATH but eventually rally and recovers after havling and record a new ATH after that.  So if one is trading Bitcoin and set a stop-loss, he indeed is losing.

But I also think that in a high volatility trading environment that is unsure of the future (making Bitcoin as an exemption because it has proven several times it recovery capability). stop-loss is the one that can save our funds from being drained.

[Rubuchi]

Usually, those kind of traders are the ones that got fired up when they saw a post on socmed of someone winning with high leverage. They are trying hard to replicate it. That's no different from gambling coz they are trading blindly by dreaming of something that is far from reality.

And strangely enough, there are indeed many beginner traders who trade like that. Of course, everyone who trades is interested in making a profit. But what we see from many beginners nowadays really looks like gambling. That’s why signal group channels have a lot of followers. Some even don’t mind paying a few fees just to get signals.

every time I look back, I realize I am easily getting more acquainted with trading due to seeking of knowledge about it and trading is very much knowledge related and does not just work like a gamble which you do more with predictions and guess works. For example, I have come into the realization that trading requires a trader to have a backup source of income to smoothly enjoy the consistency of trading. It can be inform of a trading private or government job or it can be as a result of the business which you are doing and you are making good income for it. Don’t take trading for a gamble and don’t be over ambitious with the trading but trade with caution and with knowledge.

[Cheema02]

Stop loss is not the only way to manage risks, and accordingly, a trader has the right to choose another method of limiting potential losses that is most suitable for his strategy. And one of these methods is trading on an isolated account, where the amount of losses is limited by what you are willing to lose if the price moves in the opposite direction to your expectations.

Even though you're right, the mistake that most people (mostly newbie traders) make is that even they are making trades in the isolated mode in futures, when they see that their position is about to get liquidated, they decide to add more margin to the trade, or simply increase the size of the position which pushes the liquidation price away a little bit, but that doesn't stop it from happening if the market is moving in the same direction continously, and the deeper the market goes, the harder it gets to push the liquidation price away, because if previously, you could push it away up to 10% with $50, after some more drop, $50 would only push it 5%, and that keeps going lower, which means you will need to keep adding higher amounts to get lower percentages of pushing of the liquidation price.

If one can simply use an amount that they know could be lost but they will let it happen and won't get worried or start adding more to it only to save the trade, then it is fine, but as we all know, it's all about patience and self-control, and most people don't have it.

[Cgrexp]

Stop loss is not the only way to manage risks, and accordingly, a trader has the right to choose another method of limiting potential losses that is most suitable for his strategy. And one of these methods is trading on an isolated account, where the amount of losses is limited by what you are willing to lose if the price moves in the opposite direction to your expectations.

There are other things that need to be put in place because, if you look at it, there are many ways that risk can be managed when it comes to trading. If the truth is that you have to manage the risk because it cannot be avoided, then people need to understand that trading is risking on its own, and ways to manage should always be a concern because there will be limited opportunities. For this reason, you should have a guardian or learn on your own so that, as a novice, you can get more experience by learning from others who are already there.

Some people intentionally want to make all the money overnight, but they must realize that this is not how it works. Trading requires patience and consistency because if you jump right in, there's a good chance you'll always want to take greater risks, which is one of the motivating factors.

Risk cannot be completely avoided in trading, but it can be controlled by strategy, analysis, planning and management. There is a possibility of both profit and loss in trading. However, it is high-risk and the trader can lose his entire capital due to wrong decisions. It is necessary to protect capital in order to survive in the long term, but if you lose everything in the hope of greater profits, there will be nothing left to take the next opportunity. The support of a skilled mentor helps a trader to increase the learning speed and at the same time be careful about common mistakes. However, even if you do not get the support of a mentor, there is no problem, but in this case it is important to make decisions carefully about your own ability, knowledge and risk. However, instead of blindly following someone's instructions, each decision should be considered on its own position. New investors usually use large amounts in the hope of big profits, but as a result, they risk their entire money and later do revenge trading, which ultimately causes losses. Therefore, realistic expectations and survival should be the main goal, without thinking about excess profits.