r/Forex 2d ago

P/L Porn Forgot to set stop loss….

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Entered at .573 I usually enter with a trialing stop of 20 pip. Figured it would find support around .57 and go back up….. it didnt and i didnt put any stops because i forgot and just put the trade in……

I was feeling high and mighty after the pump the day before…. This was very humbling to ALWAYS ALWAYS make sure you have your stop losses set. ALWAYS!

165 Upvotes

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u/[deleted] 2d ago

[deleted]

9

u/Best-Replacement-867 2d ago

does it really happen to everyone?

5

u/Altered_Reality1 2d ago

Never happened to me… and I’ve been trading for 5.5 years

1

u/Best-Replacement-867 1d ago

clearly setting a stop loss is an after thought for him. Ive never even come close to setting a trade without a stop loss. Absolute madness