Quote from: EarnOnVictor on Today at 07:23:00 AM

Any trader is welcome to follow a trading approach that is best for them, but this will not stop the right ethics of trading for productivity and account safety.

What I hate in trading are losses, losing small amount overtime with stop loss may also totally lead to complete loss. If not complete loss, the trader may not make profit over long term. Trading is easy to explain, easy to write about, but not easy to make profit, even with stop loss, losses is possible.

Quote from: EarnOnVictor on Today at 07:23:00 AM

Regardless of using a low risk in trading, you might still lose the amount that is too much for you to bear in some market conditions even if you do not lose all your money.

If someone lose much, that means it is not a low risk trader. It is not good for traders to look for amount of profit they can not afford to lose.

Example is if a trader open BTCUSDT long position at $20000, some people are still fine if the price of bitcoin decreases further up to $15000 because of the low risk leverage they used, even the return on equity in percentage may not be still more than -5 which is a safe trade. It all depends on your strategy. Stop loss can be helpful, but it has disadvantages, especially when the market later abruptly favour the trader, but stop loss triggered already.

Quote from: EarnOnVictor on Today at 07:23:00 AM

So, you now think it will be easy to recover such an amount again if you would want to maintain the low risk?

Quote from: palle11 on Today at 08:08:00 AM

Surely stop loss is good for every trade order and strategy whether scalping, day trading or swing.

Bitcoin abruptly decreased from $19000 to $18050 recently, that is one of the disadvantages of stop loss, those that did not use it later gained while many that used it later blamed themselves. I have experienced this reversal many times in a way stop loss is no an option for me again, rather I prefer to reduce my leverage and ḿake use of averaging and increase leverage not more than 2x just like I talked about it in my previous post. If done wisely and not emotionally, it is highly profitable.