Post
Topic
Board Trading Discussion
Re: few questions about trading
by
awik p
on 02/03/2022, 03:14:21 UTC
Yes that is the disadvantage but check for how many traders that won't use stoploss and see how many times they will keep regretting of losing the balance or fund and try to recredit the account. If you don't use stoploss, you are likely to be losing your capital. Except there are other proven better ways to trade and be profitable than using stoploss.
That is true though but I only use stop loss when I leverage, I can consider using stop lose for 3x leverage or above, but for 2x and 1x I do not use stop loss.

If I open position for swing trading, that is definitely 1x or 2x and I do not consider to use stop loss. But traders will have different opinions about using stop loss or not but in most cases, I do not use it.
stoploss serves to assist us in anticipating the market if it is not in accordance with our analysis. wear or not I think the most important thing we must know the limits to exit the market. if we do not use a stop loss, we can use a cut loss if the market does not move according to our plan. all of these things are related to financial management, don't let daily trading turn into an investment, because the market involves a long time