Many people have a strange misconception about stop loss: "Stop loss is losing money, it's punishment, it's being forced to fail."
But in reality, stop loss is a trading cost, just like paying for gas when driving. You can't drive without refueling, and you can't trade without losing money. Stop loss is not to make you lose money; it's to keep you alive. Most accounts that go bankrupt in the market are not killed by stop loss, but by not using stop loss. At most, stop loss is just a slap; not using stop loss is the market hanging you up and beating you. Let's encourage each other, fans and friends! #交易
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Many people have a strange misconception about stop loss: "Stop loss is losing money, it's punishment, it's being forced to fail."
But in reality, stop loss is a trading cost, just like paying for gas when driving. You can't drive without refueling, and you can't trade without losing money.
Stop loss is not to make you lose money; it's to keep you alive.
Most accounts that go bankrupt in the market are not killed by stop loss, but by not using stop loss.
At most, stop loss is just a slap; not using stop loss is the market hanging you up and beating you.
Let's encourage each other, fans and friends!
#交易