Hello,
I had this question in mind, since many of my trades with an adjusted stop loss got triggered, but then the market goes in the direction I wanted, but since it got triggered basically im out. I know this is due to big fishes messing around.
What do you guys think, is stop loss something or, or not so good?
It's just depend on how we use it, for me ppersonally it helped a lot with my trading style, i always place a stop loss whenever i entered a trade because i won't waste my time holding coins that already crashed. it's just the same with a knife, people could do cut fruits with it but they also could but their fingers by doing it.
Its a literally a must stop loss will help us going back to trade even we loss some amount because of it what matters is we protect our capital to be in a huge loss. We can trade in other day or week if we want to and recover that loss a proper setting of stop loss will save our emotions and capital. Its not an evil you just need to know where to place it with a risk management.