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?
Stoploss is important for day traders. The stoploss protects them when unexpected markets fall down. I've used stoploss before, many times I see my stoploss hit, and the market goes up again. This is because I have little idea about trading. So stoploss is just as effective when you set it after proper analysis.