There is a recent addition in most exchanges and that is stop loss capabilities. Do you think this will improve trading experience and ensure one remain profitable on the long run? What is your thought about this?
stop loss feature have bad and good things. so you should think again and again before using this feature. Because sometimes it helps the trader to avoid loss and some time it through in loss.If you can not know more about this feature you can search on youtube that helps very much. But I think it has the more good feature than bad .thanks
I don't think stop loss has a bad thing to do with your trade. Stop loss is an advantage for a trader in order to avoid continuous further losses. Let's just admit it that as a trader, we should accept the fact that when we made a wrong decision, we should accept it in order to avoid worse situation. In this case, a stop loss could save us.
Talking as a traders means that you are willing to take the risk and move forward if you missed or made a mistake, stop loss mostly used by traders
who are engaged with short term trading, whatever happens stop loss will generate according to what the users programmed it, helping you to move
on and find another assets to try recovering loses that you get from your previous trade.
Learning how to use it favoring your trade will helps you a lot to trade conveniently.