Hello, this is Frank.

It was on September 2, 2020 that I sensed a rare upswing in the British pound and made a timely market entry. This is a short—really short—tale of personal glory.

Ever since I discovered a way to trade without using stop-loss back in 2019, my forex strategy has been all about risk-managed moves with a motto of “this looks like a good place.” I’ve been navigating the line between investment and speculation, finding enjoyment in the process.

Day trading wasn’t an option for my schedule, so I stuck to swing trades or longer-term positions.

On September 2, 2020, I scored 41.1 pips. The key? Not being greedy. That’s the foundation of my no-stop-loss method. Honestly, mindset is everything in this game.

That day, I celebrated with a little luxury: a cup of Häagen-Dazs. Not a bad reward for a well-timed move.

By the way, “pips” are units used in forex trading to standardize value across currencies. For example, in USD/JPY, 1 pip = 0.01 yen (1 sen).

⚠️ Important Notice ⚠️
Forex trading should only be done with surplus funds. Using your last dollar can lead to serious losses. Leveraging too heavily can magnify those losses, so please trade with caution.

The method described here for gaining profit without using stop-loss is not something I recommend to everyone. There are situations where using stop-loss is absolutely necessary. Please trade at your own risk.

If you’re interested in my published work, feel free to check it out here.

Thank you for reading today.

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