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?
Well, at least you have to admit that the stop loss saved your ass from losing much of your money and appreciate that. As for the market going back in a direction you want, its just how it is at times, this market is quite unpredictable. Maybe you should try to work on your settings for stop loss.
For example, if you have been setting it around 80% you can reduce it to like 60% or even 50% and that way when the market drops more below that 80% it wouldnt cut your trade, and it will keep going until the market starts to recover back again and you also start making profit. Stop loss is not bad, the main purpose is save you from more loss than you can take. You just have to be around to set it back.